|By JCN Newswire||
|March 27, 2014 11:30 PM EDT||
Tokyo, Mar 28, 2014 - (JCN Newswire) - Hitachi America, Ltd., a wholly owned subsidiary of Hitachi, Ltd. ("Hitachi"/ TSE:6501) and Demansys Energy LLC ("Demansys") today announced that they have reached an agreement to perform a demonstration project utilizing Hitachi's "CrystEna" compact container-type energy storage system in the market for frequency regulation and capacity services(2), and that site installation work will soon commence. The demonstration, which is designed to confirm the benefits of using the CrystEna energy storage system for grid stabilization, will run for two years, beginning in June 2014.
Recently, regulators, grid operators, utilities, and research organizations have projected the need for additional grid storage systems to help ensure reliable power system operation as an increasing percentage of intermittent energy sources, such as wind and photovoltaic power generation, are brought on-line. Throughout the USA, numerous new entrants, including storage resources, are demonstrating their ability to provide frequency regulation and capacity services.
Hitachi's CrystEna is a complete energy storage system. The system was developed with an emphasis on long operating life, providing significant commercial value. It uses Hitachi's control systems and power conditioning systems (PCS), and lithium-ion batteries from Hitachi Chemical Co., Ltd.(TSE:4217). Its enhanced economics are due to both its compact design and system performance improvements.
Demansys is participating in frequency regulation and reserves programs throughout the Northeastern US, using its Grid Daemon platform to supply grid operators with highly-reliable services involving real-time control and management of energy storage and behind-the-meter energy assets. It also has the ability to provide capacity services and plans to do so from the New Jersey-based demonstration project.
Demansys will be responsible for overall coordination of the new demonstration project. The demonstration involves the installation of a Hitachi CrystEna system in New Jersey, not far from Philadelphia. To verify the system's effectiveness for grid stabilization, the demonstration will collect data over a two year period, including a capacity pilot project with PJM(3) and frequency regulation operation in PJM, the USA's largest independent grid operator. The demonstration will be used by Hitachi to further evaluate its energy storage systems and to verify the systems' reliability and effectiveness with a view to future commercialization.
Hitachi's electric power transmission and distribution systems business is a core part of its power systems business. It is seeking to expand its solution business by combining IT and power electronics technology for control systems and other balance of plant. Hitachi anticipates applications for CrystEna at a wide range of facilities in the future, and is actively working to expand sales of all of its energy storage systems.
Demansys' Grid Daemon has been used in a diverse range of commercial and industrial applications. Since October 2012, the company has participated in a pilot program in the New England frequency regulation market that controls consumer loads in order to regulate frequency without the use of generators. By maximizing benefits for end users, as well as providing an interface for market transactions between grid operators and consumers, Demansys is contributing to a robust frequency regulation market utilizing numerous types of supply resources.
In announcing the demonstration project, Masaaki Nomoto, General Manager, Transmission & Distribution Systems Division, Power Systems Company, Hitachi, Ltd. said, "We are pleased to conduct the demonstration project in the USA. This demonstration represents another important milestone in the deployment of Hitachi's battery storage business in the USA, and we will further pursue technically superior solutions to meet the requirements of various customers."
Jeff Lines, Demansys CEO said, "At its core, Demansys is committed to enhancing the smart grid and creating value for its stakeholders. We are proud to partner with Hitachi on the CrystEna project and incorporate our Grid Daemon software platform to demonstrate the significant impact this energy storage system will have on grid stabilization."
(1) Trademark registered in Japan. Application for trademark registration in USA currently pending.
(2) Capacity market: An auction through which grid operators secure a sufficient supply of capacity several years into the future from supply and demand-side resources. In PJM, rules are currently being developed for storage resources.
(3) PJM(PJM Interconnection LLC): Independent grid operator in the Mid-Atlantic and Midwest. Covering a total of 13 states, it is the largest power system operator in North America. PJM is an abbreviation of Pennsylvania, New Jersey, and Maryland.
Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 320,000 employees worldwide. Fiscal 2011 (ended March 31, 2012) consolidated revenues totaled 9,665 billion yen ($117.8 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com/.
Hitachi Ltd Corporate Communications Tel: +81-3-3258-1111
Copyright 2014 JCN Newswire. All rights reserved. www.japancorp.net
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at 20th Cloud Expo, Ed Featherston, director/senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
Dec. 11, 2016 01:30 AM EST Reads: 1,741
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Dec. 11, 2016 01:15 AM EST Reads: 1,332
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...
Dec. 11, 2016 12:00 AM EST Reads: 1,118
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
Dec. 11, 2016 12:00 AM EST Reads: 2,397
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
Dec. 11, 2016 12:00 AM EST Reads: 920
In IT, we sometimes coin terms for things before we know exactly what they are and how they’ll be used. The resulting terms may capture a common set of aspirations and goals – as “cloud” did broadly for on-demand, self-service, and flexible computing. But such a term can also lump together diverse and even competing practices, technologies, and priorities to the point where important distinctions are glossed over and lost.
Dec. 10, 2016 11:45 PM EST Reads: 1,796
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 10, 2016 11:15 PM EST Reads: 1,219
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Dec. 10, 2016 10:15 PM EST Reads: 2,073
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 10, 2016 09:15 PM EST Reads: 1,355
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Dec. 10, 2016 07:30 PM EST Reads: 1,823
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Dec. 10, 2016 07:00 PM EST Reads: 4,159
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2017 New York. The 20th Cloud Expo and 7th @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Internet to enable us all to im...
Dec. 10, 2016 06:30 PM EST Reads: 1,037
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Dec. 10, 2016 06:30 PM EST Reads: 1,973
The Internet of Things (IoT) promises to simplify and streamline our lives by automating routine tasks that distract us from our goals. This promise is based on the ubiquitous deployment of smart, connected devices that link everything from industrial control systems to automobiles to refrigerators. Unfortunately, comparatively few of the devices currently deployed have been developed with an eye toward security, and as the DDoS attacks of late October 2016 have demonstrated, this oversight can ...
Dec. 10, 2016 06:30 PM EST Reads: 1,552
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
Dec. 10, 2016 06:15 PM EST Reads: 1,099