Sharp Electronics Corporation’s Energy Systems and Services Group (Sharp ESSG) announced that its behind-the-meter SmartStorage energy storage solution was selected to be installed at ILM Tool’s 25,000-square-foot machine shop to help offset its growing peak demand usage. ILM Tool handles quick turnaround prototype and production run orders for sheet metal manufacturing, plastic milling and machining, as well as thermoforming for a wide range of industries. Synergy Power, a Bay Area solar PV installer, installed the 30 kW/40 kWh SmartStorage system and integrated it with a 113.4 kW solar PV system.
SharpSmartStorage system uses predictive analytics and controls to manage the release of stored electricity from its batteries at the times of highest demand (which have the most expensive utility rates). As ILM Tool’s demand starts to increase - which can be triggered from the use of heavy industrial machinery - a rapid power discharge is triggered to mitigate spikes in demand usage, thus reducing the amount of utility charges. Estimates show that ILM Tool’s SmartStorage system is expected to decrease the facility’s demand by approximately 240 kW annually.
The SmartStorage system is also backed by Sharp’s optional 10-year Asset Management Service Agreement, which provides routine and unscheduled maintenance, coupled with a 10-year demand reduction performance guarantee. If guaranteed demand reductions are not met within the terms of the agreement, Sharp will compensate for the deficit in promised peak demand reductions.