Exelon-subsidiary Delmarva Power has selected Sunverge for a proposed behind-the-metre virtual power plant (VPP) project in Maryland.
Sunverge, which provides distributed energy resource (DER) control, orchestration and aggregation platform, was selected through a competitive bidding process from five vendors.
The VPP project will be located on the Elk Neck peninsula in Cecil County and will supply backup power during outages to homes situated on the Chesapeake Bay peninsula.
It is expected to have a capacity of .55 MW/2.2 MWh and is estimated to generate $2m in value over 15 years.
Additionally, the project will help in bolstering overall grid reliability, DER integration and will enable potential participation in the PJM wholesale electricity market.
Sunverge CEO Martin Milani said: “We are honoured and excited to be selected for this project and to have the opportunity to work with Delmarva Power to demonstrate the value of residential battery systems for the residents at Elk Neck and to the electric grid.
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By GlobalData“We are confident that Sunverge’s advanced DER Control and aggregation solution will demonstrate the value of aggregating residential behind-the metre systems for the Maryland electricity grid and participating residential customers.
“It will provide autonomous and aggregated energy storage, with the goal of providing additional grid reliability and resiliency benefitting Delmarva Power’s entire service area.”
The project is subject to the Maryland Public Service Commission approval. The state agency is currently reviewing the proposal.