Husky installs energy storage system to cut power costs
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Designed and constructed for Husky by Convergent Energy + Power, the GridStar lithium-ion battery system can reduce electricity costs on the load by 15-30 per cent per year, starting in 2018.
Processing equipment maker Husky Injection Molding Systems Ltd. is set to benefit from the recent installation of what it calls a “first-of-its-kind” energy storage system at its headquarters in Bolton, Ont.
Constructed and installed by Convergent Energy + Power, a developer of energy storage projects throughout North America, the system is designed to reduce Global Adjustment demand charges, which account for up to 70 per cent of electricity bills for some customers in Ontario. The project is anticipated to reduce electricity cost on the load it addresses by 15-30 per cent per year starting in 2018.
The system, which was custom-designed for Husky’s plant, will be operational as soon as Hydro One is finished with its interconnection work.
Convergent worked with Lockheed Martin Energy to install their GridStar lithium-ion battery systems, and also used local Mississauga, Ont.-based vendors for the balance of plant equipment, Ontario-based S&T Electric for construction management, and SNC Lavalin for the design work.
“We look forward to realizing significant savings from this system to help us remain competitive over the long term,” said Robert Meek, Husky’s director of global facilities. “This battery system is a crucial part of our innovative, forward-looking strategy to decrease both operating costs and our overall environmental impact.”