Distributed Energy Resources, Energy Efficiency, Energy Storage, Industrial, Power Prices, Utilities, Finance, Industrial, Solar, Sourcing Renewables - October 20, 2016
Lockheed Martin installs 1-MW storage system
Photo (provided by Lockheed Martin): The 1-MW energy storage system installed at Lockheed Martin's facility in Syracuse, N.Y.
Stradling the line between large energy user and supplier, Lockheed Martin announced that it has installed a 1-MW energy storage system — the kind it produces itself — at the company's Syracuse, N.Y., facility.
The GridStar Lithium energy storage system is being implemented to reduce electricity bills and emissions for Lockheed Martin's operations, and will also provide services to the New York Independent System Operator, the company said in an Oct. 19 news release. ENGIE, an independent power producer and energy services provider, will operate the system and dispatch the power.
"We provide turn-key energy storage solutions for a variety of utilities, independent power producers, commercial and industrial customers and developers," Frank Armijo, vice president of Lockheed Martin Energy — an energy services business segment the company rolled out earlier this year — said in the release. "As we provide customers with advanced energy solutions, we're pleased also to implement them at our own facilities to further our affordability and sustainability goals."
Those sustainability goals include developing business cases for onsite renewable energy generation at each of its business segments, according to the global security and aerospace company's most recent sustainability report. Toward that end, the company in February announced it had signed a 17-year power purchase agreement for solar-generated electricity produced by Duke Energy Renewables.
at sites across the company; those, too, are expected to reduce utility bills and further advance its sustainability efforts. Lockheed Martin's Syracuse, New York, facility employs about 1,600 and is primarily focused on the design and production of radar, sonar and electronic warfare sensors.