#United States #Waukesha #Energy Solutions #Generac #CPower

Introduction

In a significant collaboration, Generac Holdings Inc., a renowned leader in power generation and energy storage solutions, has teamed up with CPower Energy, an innovative provider of Virtual Power Plant (VPP) services. This partnership aims to strengthen energy resilience, manage soaring energy costs, and improve grid capacity, especially for commercial and industrial customers in PJM—the largest electricity market in North America.

Addressing Energy Challenges

The urgent need for energy solutions has escalated, given the record-high demand for electricity that pushes power prices to unprecedented levels. Both Generac and CPower recognize this crisis and have crafted a strategic alliance that leverages their respective strengths. By combining Generac's industry-leading distributed energy resource (DER) solutions with CPower's demand response (DR) expertise, this partnership is positioned to deliver a first-of-its-kind offering to the market.

Powerful Collaboration

The collaboration will enable customers to utilize a range of distributed energy resources, including battery energy storage systems, generators, and microgrids. The goal is to optimize energy use during peak demand periods, helping generate cost savings and new revenue streams through participation in capacity and ancillary services. This comprehensive approach not only addresses the immediate needs of energy consumption but also sets the stage for long-term benefits, making energy systems more efficient and resilient.

Erik Wilde, EVP and President of Domestic CI at Generac, stated, "The integration of Generac's diverse product offering with CPower's market insights presents customers with an exceptional opportunity to enhance their energy resilience and savings quickly. By merging different asset types, such as generators with batteries, we can significantly improve both operational performance and economic dispatch."

Customer Benefits

What does this mean for businesses? Customers in the PJM market will have enhanced capabilities to convert distributed generation assets into flexible energy resources that optimize their operations. Not only can they earn revenue from demand response programs, but they will also be able to see immediate savings on their energy bills by reducing consumption during peak demand times, ultimately lowering capacity charges.

Glenn Bogarde, CPower's Chief Sales and Marketing Officer, expressed, "The collaboration enables CI customers in PJM to transform distributed generation into valuable assets while adding significant advantages to the energy grid. In today's challenging energy landscape, every kilowatt counts."

Commitment to Sustainability

Both companies have a strong commitment to sustainability as they navigate the complexities of modern energy demands. Generac's vision of leading the shift toward more reliable, efficient, and sustainable energy solutions aligns seamlessly with CPower's mission of monetizing flexible energy for the benefit of all stakeholders.

Impact on the Energy Market

With a combined capacity of an impressive 6.7 GW across over 23,000 sites nationwide, CPower is adept at turning flexible energy into revenue for an extensive array of energy users. Their proven history of delivering $1.4 billion from demand response initiatives since 2015 is a testament to the value of such partnerships in enhancing grid performance and financial returns for customers.

Concluding Thoughts

The partnership between Generac and CPower represents a bold step in addressing the pressing issues of energy resiliency, cost management, and grid demands. As the energy landscape continues to evolve, such collaborations are vital to ensuring that both commercial and industrial users can navigate the challenges of tomorrow's energy market effectively. This innovative approach not only promises to benefit the customers of today but also lays the groundwork for a more sustainable future in energy consumption.

For more information on Generac Power Systems, visit www.generac.com. To learn more about CPower, head to www.cpowerenergy.com.