With NYISO’s new Distributed Energy Resource Participation Model (DER Participation Model), behind-the-meter (BTM) and net injection batteries can do more than provide backup power—they can generate up to $586k/MW-yr in revenue and savings by supporting grid stability.

The DER Participation Model is a set of rules that enables DERs to fully access the energy, capacity, and ancillary markets in New York. The DER Participation Model is the most lucrative demand response program in New York - Voltus was first to register a resource under this new model. Enrolling in the DER Participation Model with Voltus can provide significant upside for demand response participants, and batteries can capture this value.

Here's what you need to know to take advantage of this opportunity for your business.

Get more from your demand response participation

Enrolling BTM or net injection batteries in the DER Participation Model increases revenue - this is because batteries can add 1 MW+ of curtailable load by discharging stored energy without requiring additional load reductions in your operations. 

With a 1 MW battery on-site, energy managers can:

• Reduce exposure to high-capacity costs through on-bill savings optimization 
• Use the battery as short-term backup power during outages and voltage fluctuations to avoid blips that can harm your equipment and drive up energy costs
• Unlock up to $586k/MW-yr in revenue and savings through the DER Participation Model, helping to offset rising energy costs

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Acquire batteries with no upfront cost

Until recently, financing a battery project could cost anywhere from $1.5M - $2M/MW-yr, which was cost-prohibitive for most businesses. 

New state incentives, rebates, and earning potential from the DER PM now may justify an investment in a battery for many businesses. Plus, with Batteries-as-a-Service models, energy managers can now get energy storage installed with no upfront costs to their business, enabling a reduction in a facility’s energy spend each year.

If you’d like to learn how your business can acquire or take advantage of BTM energy storage through the DER Participation Model, info@voltus.co.