GE joins with Arista to develop on-site power storage

General Electric Co. (NYSEGE), is to join with Arista Power Inc. (ASPW) to sell systems that store electricity for commercial customers and release it when demand is highest, helping to cut bills.

Bloomberg reports that the system, which will use GE’s Durathon batteries, can store power from on-site wind or solar sources or from the grid and deliver it during peak periods, when commercial customers are subject to “demand charges,” according to a statement today.

The charges can account for as much as 70 per cent of an electric bill for commercial customers, which include shopping centers and office buildings.

It gives business owners control over their power “much more effectively and efficiently,” William Schmitz, chief executive officer of Rochester, New York-based Arista, said in a phone interview today. GE and Arista will promote and market the system.

GE’s Durathon nickel-salt battery can last as long as 20 years, operate in extreme temperatures and is marketed for telecommunications, utilities and uninterruptible power supply applications, according to the statement.

For more on-site power news



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...