Using Energy Storage to Flatten Peaks and Save Money

Published: Feb. 24, 2014, 7:12 a.m.

b"What's one way to avoid high peak usage charges? Vic Shao, CEO of GreenCharge Networks, says in this podcast interview that energy storage can solve the problem, especially when it's combined with predictive analytics. By predicting peak usage, and using energy storage to change energy usage during peak usage, customers can save money and utilities can avoid building peaking plants. He also addresses legislation affecting energy storage, noting that Hawaii, New York and California are at the forefront of energy storage."