Commercial, Energy Storage, Industrial - November 16, 2018
OPG and Stem partner for energy storage
Ontario Power Generation (OPG) and Stem, Inc. announced the launch of a new partnership on advanced energy storage systems that will assist Ontario industrial manufacturers in managing electricity costs.
“This new and innovative partnership will help improve electricity cost management for Ontario’s industrial and manufacturing customers,” said Jeff Lyash, OPG president and CEO, in a statement. “Our experience in the Ontario electricity market, combined with Stem’s expertise in AI and innovative energy storage technology, will allow the partnership to provide a flexible solution for current and future customer benefits.”
“In bringing together one of the most experienced energy providers in Ontario, OPG, and the most advanced energy storage systems and controls platform, Stem, the partnership will provide Ontario businesses with innovative, turnkey energy solutions to enhance their competitiveness,” according to a statement from Stem.
“OPG’s selection of Stem to bring customer-sited energy storage to Ontario is a substantial endorsement of Stem’s proven performance and customer satisfaction in a highly competitive market,” said John Carrington, CEO of Stem, Inc. “Ontario is looking to AI-driven energy storage to build multiple returns for the customer and grid reliability, and local market leaders like OPG have turned to substantial storage project development experience in Stem.”
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