Demand Response (Also called Demand Management), is a quasi-governmental program that encourages and pays users of electricity to shed part or all of their prescribed electrical load during peak demand emergencies that threaten a brownout or blackout
IT IS ALL ABOUT PEAKING.
The electrical utilities have to have a lot of extra electricity generating capacity to ensure sufficient power to meet peak demand during the few times on the hottest summer days when there is an electricity demand shortage. (Usually 2-5 times per year)
The utilities are willing to pay customers that help in reducing electrical consumption during those peak periods or that install generating equipment that replaces electricity from the grid during those high usage times.
New York State is short of electricity, especially during peak times on hot summer days.
ONE SOLUTION IS TO
BUILD ANOTHER POWER PLANT
That can cost taxpayers approximately $ 2 billion to build. Not a great idea !
ANOTHER SOLUTION IS TO
The Demand Response program temporarily reduces the demand for businesses and consumers so that brownouts and blackouts are averted. Also, the need for a new power plant is delayed. Good idea !
Stand by emergency generator installed at a New York nursing home
In New York State, POWER ISLAND ENERGY (P.I.E.) is a complete project developer of stand-by emergency diesel and natural gas genset systems. We handle everything from the first meeting to maintaining the unit after it is installed.In addition, we handle the financing.
HAVING A STANDBY SELF GENERATING UNIT IN PLACE WILL DIFFERENTIATE YOUR COMPANY FROM THOSE COMTETITORS THAT DO NOT HAVE ONE. IS THAT TRUE?
P.I.E. will visit your facility to determine the size, fuel, location to place the unit and specification of the standby power equipment that you need. We will also register you in the demand response program and explain what will be needed to obtain payments under the program.
P.I.E. will develop a leasing contract and an operation & maintenance and management aggreement to present to your company. Depending on where in New York State your facility is, you may be entitled to a net positive cash flow after lease and other payments are made. In any case, wherever you are situated in New York, your net payments will be significantly reduced.
After the contracts are executed, POWER ISLAND ENERGY will source, buy, deliver, install and commission the electrical generating equipment and set the unit up to be ready to handle the next black-out.
•After 10 years, the lease payments stop but P.I.E. will continue to operate and maintain your stand-by recipricating genset for contracted 5 year periods - Our partnership continues.
ANNOUNCEMENT: Advanced Energy Capital Signs Financing Deal with Power Island Energy to Provide $50 Million in Funding for C.H.P. Development.