OPG and Stem to Partner on Energy Storage
Nov 18, 2018
Stem, Inc. and Ontario Power Generation (OPG) are launching a new partnership on advanced energy storage systems that will provide Ontario businesses with innovative, turnkey energy solutions to manage their energy costs. OPG has operations across the province that provide nearly half of Ontario’s power generation.
As businesses in Ontario look to grow and remain competitive, the Stem-OPG partnership provides them with a solution to reduce costs, without interruption to operations.
“This new and innovative partnership will help improve electricity cost management for Ontario’s industrial and manufacturing customers,” says Jeff Lyash, OPG President and CEO. “Our experience in the Ontario electricity market, combined with Stem’s expertise in AI and innovative energy storage technology, will allow the partnership to provide a flexible solution for current and future customer benefits.”
Stem is a leader in AI-driven energy storage services, with over 900 energy storage systems installed or under contract across six U.S. states, Ontario, and Japan. Stem’s AI platform, Athena, is the first of its kind for energy storage on customers’ sites, performing real-time energy optimization that reduces onsite peak demand and enables customers to access additional market opportunities via Stem’s network.
Find out more about the partnership: https://www.stem.com/opg/