Generac Holdings Inc. has partnered with virtual power plant (VPP) platform CPower Energy to help commercial and industrial (C&I) customers across PJM — North America’s largest grid — turn distributed energy assets into revenue while improving resiliency and reducing electricity costs.
They will pair Generac’s equipment and industrial dealer network with CPower’s wholesale market program access and demand response expertise to add distributed generation capacity across PJM in the form of battery energy storage systems (BESS), generators, and microgrids.
C&I customers will be able to participate in capacity, ancillary services, energy and on-bill programs by utilizing Generac and CPower’s solutions, creating new revenue streams and savings for their facilities.
“Generac’s comprehensive C&I product portfolio and competitive lead times and CPower’s market expertise provide customers with a unique opportunity to quickly capitalize on PJM’s prices to improve their resiliency and energy savings outcomes,” said Erik Wilde, EVP and President, Domestic C&I at Generac, in a statement.
The collaboration is the latest in a series of investments made by Generac to scale its C&I business.
CPower currently has 6.7 gigawatts (GW) of customer capacity nationwide, helping transform flexible energy into revenue for large energy users and developers, as well as distributed energy project owners and operators.
Glenn Bogarde, Chief Sales and Marketing Officer at CPower, added, “By working with CPower and Generac, C&I customers in PJM can more easily turn distributed generation assets into flexible energy assets that add value to the grid. Beyond earning demand response revenue, customers can generate on-bill savings and reduce capacity charges by lowering electricity use when demand peaks.”
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