The Stem-Western Los Angeles Basin Project is an 85,000kW energy storage project located in Los Angeles, California, US.
The project was announced in 2014.
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Description
The Stem-Western Los Angeles Basin Project is being developed by Stem. The project is owned by Stem (100%).
The key applications of the project are electric bill management, electric energy time shift, electric supply capacity and grid-connected residential (reliability).
Contractors involved
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By GlobalDataStem is the owner. Stem is the developer. Stem is the technology provider for the project.
Stem is the system integrator.
Additional information
Stem, Inc. has been awarded 85 MW in the local capacity procurement from Southern California Edison (SCE). Under the terms of this multi-year agreement, Stem will deploy its advanced, behind-the-meter energy storage solution at customer locations in the Western Los Angeles Basin to act as dispatchable capacity to enhance the local reliability of the region.
Through the combination of reliable storage and a proprietary software platform, Stem empowers customers to more efficiently monitor and manage energy use while providing additional capacity to SCE. The Stem Zero financing program, backed by more than $100M in funding, enables immediate energy savings with no upfront cost.
About Stem
Stem, Inc. (Stem) is a provider of energy storage solutions and software to businesses for managing energy costs. It leverages big data, predictive analytics, cloud computing, and advanced energy storage to reduce peak electrical usage, lower electric bills, and eliminate the need for new generation facilities. The company’s Athena platform helps energy managers and operators to reduce costs by shifting energy usage. Stem also offers energy optimization service. It also provides online saving calculator tool to calculate monthly electric bill. The company operates in Canada and the US. Stem is headquartered in Millbrae, California, the US.
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Methodology
All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.
