Renewables are now the cheapest form of electricity available but are not available on demand. All other industries match supply with demand using storage, except electricity where generation is dispatched to meet variable demand.
Our Compressed Air Energy Storage (CAES) solution can manage renewable power generation so emissions-free electricity can meet real-time demand, and it comes in at a combined price under CAD$100 per megawatt-hour (MWh) ($0.10/kWh).
Add a small supplement of natural gas to the equation and you will realize a combined price of CAD$70 per MWh ($0.07/kWh), plus it results in 80% fewer emissions per unit of delivered electricity, as compared to combined cycle natural gas power generation.
Read our white paper to find out more:
COMMERCIAL & INDUSTRIAL CUSTOMERS
Half of a commercial and industrial consumers' electricity bill in Western Canada is related to the transmission and distribution facility charges, and this is not getting cheaper. The infrastructure has been sized for your maximum use and you pay for this. Electrical bill minimization can be achieved through intelligent use, efficiency improvements and reducing peak consumption.
Energy storage prices have fallen dramatically and it can now be economic to reduce your peak consumption and therefore reduce your bill by up to 50% depending on your service provider, rate class, and consumption profile.
CONTACT US for a conversation about your specific situation to determine if energy storage can help reduce your bill.
RMP Energy Storage is an Alberta based energy storage company focused on applications in Western Canada. Previously Rocky Mountain Power, RMP Energy Storage has a history of conceptualizing, developing and monetizing novel electricity projects such as the Montana Alberta Tie Line to support renewable energy.
RMP Energy Storage has a strategic portfolio of high value projects worth over $1B over the next 5 years. We are looking for investors that share our vision to build this with us. Together we can deploy energy storage now