Invenergy LLC, a Chicago-based clean energy generation company, and Xtreme Power, a provider of real-time power management and energy storage solutions, have announced the launch of their joint venture to deploy a fast-acting energy storage system in Illinois.
The energy storage installation, located at Invenergy's Grand Ridge Wind project site in La Salle County, will supply renewable power to the new frequency response market administered by regional transmission organization PJM Interconnection. According to the companies, efficient frequency regulation is vital for PJM's grid reliability.
Xtreme Power's 1.5 MW Regulation Power Management (RPM) is a scalable asset that will utilize long-life lithium-titanate battery technology and an AGC signal to harness full four-quadrant power in less than one second. Such instantaneous energy delivery will enable Invenergy to help balance supply and demand in the PJM market, the companies add.
"With the wind industry developing innovative solutions for the future, we're excited to lead the way by investing in cutting-edge storage technology for grid stability," says Jim Shield, Invenergy’s chief development officer. "As we continue to expand our clean energy portfolio, this battery system complements our Grand Ridge Wind facility."
