The Geli Guide to SGIP April 26, 2017

Transcription

1 The Geli Guide to SGIP 2017 April 26, 2017

2 Agenda What is Geli? Intro to SGIP Case Study How to Apply ESyst Demo Next Steps 2

3 What is Geli? Software that maximizes the value of energy storage Geli s solutions enable many types of service providers from developers to utilities to deliver intelligent energy storage systems. geni.geli.net Our products speed time-tomarket and reduce costs for all industry participants. 3

4 Industry poised for growth 4,000 3,659 $1,000 MWh 3,500 3,000 2,500 2,000 1,500 1, ,422 2,381 $800 $600 $400 $200 $/kwh E 2017E 2018E 2019E 2020E $0 Annual Installations System Costs Source: GTM Research 4

5 Geli solves industry barriers Problem Requirement Geli Solution Analysis & Design Project developers need reliable performance projections & best-fit hardware recommendations Geli ESyst Online platform to design systems with real-world performance projections Automation & Applications Hardware suppliers need sophisticated application layer to sell into different markets Geli EOS Universal operating system to equip all hardware with intelligent applications Management & Value Stacking Owners need to ensure performance & uptime and future proof systems for new revenue stream opportunities Geli GENI Mgmt platform with ability to aggregate systems for grid service revenue 5

6 Geli ESyst: Analyze & Design 500+ users 100+ MWh analyzed 10,000+ utility tariffs 6

7 Geli EOS: Automate & Control The Geli Energy Operating System (EOS) allows any energy application to be run on any piece of hardware, from residential to utility scale. 7

8 Geli GENI: Aggregate & Manage Management View fleet and individual system statistics and generate performance reports Aggregation Group systems for strategic market participation 8

9 ESyst Demo Intro to SGIP 9

10 What is SGIP? Self-Generation Incentive Program Introduced in 2001 PV, fuel cells, wind turbines, microturbines, combined heat & power, internal combustion engines By the end of 2015: $656 million awarded 1,144 completed projects (440 MW capacity) 10

11 Energy storage projects funded by SGIP are increasing 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% Energy Storage Other Technologies 11

12 SGIP 2017 $519 million Generation technologies (25%) Energy storage (75%) $399.4 million 12

13 Who is Eligible? PG&E Pacific Gas & Electric SCE Southern California Edison CSE (SDG&E) Center for Sustainable Energy SoCalGas Southern California Gas Company 13

14 How Much is the Rebate? $399.4 million through 2020 Commercial & Industrial 85% $349 MM Residential (<10 kw) 15% $50.1 MM First-come first-serve +20% bonus for CA Manufacturers 14

15 C&I Incentive Amount Program Step No ITC w/ ITC $ Available MWh Step 1 $0.50/Wh $0.36/Wh $34.4M 68.8 Step 2 $0.45/Wh $0.32/Wh $94.7M Step 3 $0.40/Wh $0.29/Wh $92.9M Step 4 $0.35/Wh $0.25/Wh $92.9M Step 5 $0.30/Wh $0.22/Wh $34.4M

16 Resi Incentive Amount Program Step No ITC $ Available MWh Step 1 $0.50/Wh $6.08M 12.2 Step 2 $0.45/Wh $12.8M 28.4 Step 3 $0.40/Wh $12.6M 31.5 Step 4 $0.35/Wh $12.6M 36.0 Step 5 $0.30/Wh $6.08M

17 Incentive Rules $0.10/Wh incentive decrease if a step is fully subscribed within 10 days 20 day pause period between each step Waitlist established after Step 5 fills up 17

18 Scenario: Steps 1 & 2 fill quickly Program Step No ITC w/ ITC $ Available MWh Step 1 (full) $0.50/Wh $0.36/Wh $34.4M 68.8 Step 2 (full) $0.40/Wh $0.29/Wh $94.7M Step 3 $0.30/Wh $0.22/Wh $92.9M Step 4 $0.25/Wh $0.18/Wh $92.9M Step 5 $0.20/Wh $0.14/Wh $34.4M

19 Incentive Declines - Duration Duration (hrs) % of Base % 2-hour: 100 kw / 200 kwh 200 kwh * $0.50/Wh = $100, % 4-hour: 100 kw / 400 kwh % First 200 kwh * $0.50/Wh = $100,000 Second 200 kwh * $0.25/Wh = $50,000 Total Rebate = $150,000 19

20 Incentive Declines - Capacity Capacity (MWh) % of Base % % % 1 MW / 2 MWh 2 MWh * $0.50/Wh = $1,000,000 2 MW / 4 MWh First 2 MWh * $0.50/Wh = $1,000,000 Second 2 MWh * $0.25/Wh = $500,000 Total Rebate = $1,500,000 20

21 Incentive Declines Duration (hrs) % of Base Capacity (MWh) % of Base % % % % % % Max size for 100% incentive rate is 1 MW / 2 MWh 21

22 Lottery Triggered if applications submitted in the first day exceed available funds for the step Separate lotteries for C&I and residential Separate lotteries for each utility Projects that don t receive a reservation will need to re-apply in the next step 22

23 Priority Projects Criteria Solar+storage w/ ITC SCE West LA Local Reliability Area LADWP territory 23 SCE West LA Local Reliability Area

24 Case Study: ESyst Demo Solar + Storage 24

25 Case Study: Solar + Storage Hotel in San Diego PV Size: 300kW DC SDG&E AL-TOU Secondary Max Demand Charge: $22.82/kW/month Peak Energy Charge: $0.1221/kWh 25

26 Case Study: Solar + Storage 26

27 Case Study: Solar + Storage 27

28 $126,920 Energy Charges $80,935 Energy Charges $81,000 - Energy Savings $45,986 Energy Savings $45,922 $99,821 Demand Charges $99,821 Demand Charges $70,709 - Demand Savings - Demand Savings $29,112 $1,445 Fixed Charges $1,445 Fixed Charges $1,445 $228,186 Total Charges $182,200 Total Charges $153,153 $0 Total Savings $45,986 Total Savings $75,034 28

29 Case Study: Solar + Storage System Assumptions Energy Storage Solar PV ESS Size 150 kw 300 kwh PV Size 300 kw DC ESS Installed Cost $800/kWh PV Installed Cost $2.00/W SGIP Rate (w/ ITC) $0.36/Wh 29

30 Case Study: Solar + Storage Baseline ITC Only ITC + SGIP Solar + Storage CAPEX $840,000 $588,000 $480,000 ITC Value - $252,000 $252,000 SGIP Rebate - - $108,000 Project Payback years 3.11 years IRR % 22.11% NPV - $472,237 $568,674 30

31 ESyst Demo How to Apply 31

32 Application Timeline May 1 st Program Opening Submit applications for Step 1 in SGIP portal +90 Days Proof of Project Milestone Contract executed +18 Months Incentive Claim Form System installed 32

33 How to Apply 1. Online Reservation Request Form 2. Application Fee 3. Equipment Specifications 4. Utility Bill + Interval Data 5. Preliminary Monitoring Plan 33

34 1. Reservation Request Form (RRF) Things you will need: 1. Energy storage system size 2. Annual max demand 3. SGIP rebate requested 4. Signatures 1. Applicant 2. Host Customer 3. System Owner 34

35 2. Application Fee 5% of requested rebate amount Refunded at project commissioning Scanned copy of check due May 1 st Check must be mailed in within 7 days of being assigned to a step 35

36 3. Equipment Specifications Energy storage system Inverter Controller (Geli Node) GELI COMMERCIAL NODE SPECIFICATIONS & PRODUCT INFORMATION The Geli Node is an industrial grade computer that is installed on-site with any Geli EOS-enabled system. The Geli Node employs a fanless enclosure for protection and longevity. A singleinterface heat sink provides efficient cooling, along with additional heat sinks for storage and Wi- Fi, ensuring performance during high-stress periods. Measuring just 142 x 62 x 107mm, the Geli Node is easily installed inside most battery or inverter cabinets, or can be collocated in a separate enclosure. A variety of communications ports ensures that the Geli Node can connect with almost any device. DIMENSIONS (SHOWN WITH OPTIONAL WALL MOUNT BRACKET) mm Ø 4.6 mm 107 mm mm 25.4 mm VESA mm R2.3 mm R4.1 mm 142 mm mm VESA mm 107 mm 62 mm 3.7 mm 62 mm 3.7 mm ML100G-30 FRONT SIDE 36

37 4. Utility Bill + Interval Data PG&E Electricity bill Gas utility bill SCE Electricity bill CSE SoCalGas Electricity bill 12 months of interval data CSE Authorization to Receive Customer Information Form (signed by Host Customer) Electricity bill Gas utility bill 12 months of interval data 37

38 5. Preliminary Monitoring Plan (PMP) Description of the proposed SGIP system System components, intended operation Existing load at the site Anticipated charge/discharge schedule of paired PV system Description of the metering approach Description of the data collection approach Geli is a conditionally approved Performance Data Provider 38

39 How Geli can help with your SGIP application Reservation Request Form (RRF) Energy storage system size Annual peak demand SGIP rebate requested Equipment Specifications Preliminary Monitoring Plan (PMP) 39

40 ESyst Demo ESyst Demo 40

41 Before program opening (May 1 st ) 1. Compile the 5 required application materials 1. Online Reservation Request Form (RRF) 2. Application Fee 3. Equipment Specifications 4. Utility Bill + Interval Data 5. Preliminary Monitoring Plan (PMP) 2. Submit applications when SGIP opens on May 1 st 41

42 The Geli SGIP Guide 1. Webinar Slides 2. Geli SGIP Checklist 3. SGIP Developer Application 4. SGIP 2017 Calculator 5. Geli SGIP Cheat Sheet (to help explain SGIP to customers) 42

43 Contact Us Kevin Diau Sales Engineer Introducing the Android for Grid Batteries Energy Storage It s All About the Software Growing Energy Labs, Inc. San Francisco Melbourne Behind-the-Meter Energy Storage Goes Wholesale 43