IPL and AES leaders officially open first battery-based energy storage in MISO region
Advancion® Array provides alternative energy solutions to meet
customer demand
Indianapolis Power & Light Company (IPL), a subsidiary of The AES
Corporation (NYSE: AES), announces today IPL and AES leaders cut the
ribbon on the new IPL Advancion® Energy Storage Array Facility located
at the Harding Street Generation Station. The Advancion Array is the
first grid-scale, battery-based energy storage system to make a
footprint in the 15-state Midcontinent Independent System Operation
(MISO) region, which will provide affordable and reliable power for our
customers.
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IPL and AES leaders cut the ribbon on the new IPL Advancion® Energy Storage Array (Photo: Business Wire)
“IPL is committed to developing energy solutions that balance
affordability for our customers and the impact on the environment,” said
Rafael Sanchez, IPL President & CEO. “This array provides an innovative
approach to helping address the challenges that come with diversifying
our energy mix with more wind and solar resources.”
The IPL Advancion Array provides 20 megawatts (MW) of interconnected
energy storage equivalent to 40 MW of flexible resource with unmatched
operational flexibility. The facility will lower emissions by enabling
more efficient dispatch of existing generating assets and support the
ongoing integration of renewable power sources. The Advancion energy
storage platform was recently recognized with the 2016 International
Edison Award for its contribution to the growth and integration of clean
energy around the globe. The IPL Array features Advancion pre-certified
suppliers, including Samsung SDI and Parker Hannifin, and the balance of
plant was provided by the Casteel Corporation.
IPL continues to pursue a balanced generation portfolio. By next spring,
the majority of IPL’s generating capacity will come from natural gas,
wind and solar. Last month, IPL was also recognized by Edison Electric
Institute for innovative execution of solar generation and battery
storage projects. Additionally, there was representation from IPL and
AES at the White House Summit, which invited regulators, energy company
leaders and energy developers to discuss renewable energy and energy
storage.
“Advancion 4, our fourth generation solution, was developed to meet the
needs of utilities like IPL who are looking for innovative and proven
solutions,” said John Zahurancik, President of AES Energy Storage. “With
nearly a decade of energy storage experience and more than 3 million
megawatt hours of delivered service across the installed base, Advancion
will deliver value immediately and for many years to come.”
For an in-depth look at how IPL Advancion Energy Storage Array will
support electric grid reliability, visit IPL’s blog +Stories (pronounced
“Positive Stories”) at IPLpower.com/blog.
About Indianapolis Power & Light Company and AES.
Indianapolis Power & Light Company (IPL), an AES Company, provides
retail electric service to more than 480,000 residential, commercial and
industrial customers in Indianapolis, as well as portions of other
Central Indiana communities surrounding Marion County. During its long
history, IPL has supplied its customers with some of the lowest-cost,
most reliable power in the country. For more information about the
company, please visit www.IPLpower.com
or connect with us at www.twitter.com/IPLpower,
www.facebook.com/IPLpower
or www.linkedin.com/company/IPLpower.
The AES Corporation (NYSE: AES) is a Fortune 200 global power
company. We provide affordable, sustainable energy to 17 countries
through a diverse portfolio of distribution businesses as well as
thermal and renewable generation facilities. Its workforce of 21,000
people is committed to operational excellence and meeting the world’s
changing power needs. Our 2015 revenues were $15 billion, and we own and
manage $37 billion in total assets. To learn more, please visit www.aes.com.
Follow AES on Twitter @TheAESCorp.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160712006324/en/
Copyright Business Wire 2016
Source: Business Wire
(July 12, 2016 - 12:02 PM EDT)
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