November 28, 2014 8:59 AM ET

Electric Utilities

Company Overview of AES Energy Storage, LLC

Company Overview

AES Energy Storage, LLC engages in power generation. The company was incorporated in 2007 and is based in Arlington, Virginia. AES Energy Storage, LLC operates as a subsidiary of The AES Corporation.

4300 Wilson Boulevard

Suite 1100

Arlington, VA 22203

United States

Founded in 2007

Phone:

703-522-1315

Key Executives for AES Energy Storage, LLC

President
Compensation as of Fiscal Year 2014.

AES Energy Storage, LLC Key Developments

AES Energy Storage, LLC Presents at New York Battery and Energy Storage Conference, Mar-12-2014 10:45 AM

AES Energy Storage, LLC Presents at New York Battery and Energy Storage Conference, Mar-12-2014 10:45 AM. Venue: Hilton Garden Inn, 235 Hoostick Street, Troy, New York, New York, United States. Speakers: John Zahurancik, VP of Operations and Deployment.

AES Energy Storage Introduces Storage Applications Center

AES Energy Storage announced the Storage Applications Center, a grid application hub at PJM Interconnection in Audubon, Pa. The facility will be used to test and validate the next generation of storage applications in a real world environment. The center is part of AES' ongoing commitment to grid energy storage application design, in which it has invested more than $10 million over the past six years. AES utilizes these advanced application capabilities within the AES Advancion(TM) solution, a complete, battery-based alternative to peaking power plants, which it now offers to utility buyers and renewable developers in select markets. Through the Storage Applications Center, AES is refining commercial applications such as dynamic voltage support, peaking capacity, real-time autonomous dispatch, faster regulation and protocols for merit order dispatch to validate the implementation capabilities of battery-based energy storage technologies for these critical services. The Center will also expand the capabilities of the Advancion Application Agents, which are patented performance algorithms focused on market and contract requirements to automate the operation of the storage arrays, optimizing performance and efficiency for customers, and extending the life of customer storage solutions. The Application Agents manage Advancion deployments for superior performance given all market or contract-specific constraints.

AES Introduces Advancion, Complete Battery-Based Grid Resource

AES Energy Storage introduced AES Advancion, a complete battery-based grid resource - delivering the services expected from peaking power plants, with added benefits. Advancion is the fourth generation of AES-designed grid energy storage solutions and is now offered to utility companies and renewable developers in select markets. The offering incorporates six years of commercial experience developing, owning and operating storage assets, bringing utility buyers a smart, cost-competitive solution within established industry business models. With 200 MW of storage resources deployed and in construction and over 1.5 million MW-h of service delivered, AES is an established leader in providing dependable grid-scale energy storage solutions to utilities and power markets. Advancion acts as both a generation and load resource, enabling more than twice the flexible range of a peaker plant on the same size interconnection. It is continuously available without burning fuel and was designed with the ability to tap into existing unused capacity from efficient natural gas combined cycle power plants, solar and wind facilities. Unlike traditional power plants, Advancion arrays can scale over time with the ability to match required load growth in lock step. There are three components of the AES Advancion storage offering. Advancion Battery Array: A comprehensive technical foundation comprised of AES-certified battery technology and power conversion equipment, Advancion Controls, patented Advancion Application Agents, and safety and climate systems. Planning and Deployment Service: The turnkey delivery of Advancion arrays, from siting and permitting, to interconnection and facility design, and fully managed engineering, procurement and construction. Operations and Maintenance Service: Operations, safety, and maintenance management services, built on AES' energy storage track record - delivering safe, reliable performance for customers. AES Advancion customer solutions can be tailored to specific market needs in terms of power and duration. Arrays are made of several units and delivered in sizes ranging from tens of megawatts to hundreds of megawatts with durations of thirty minutes to four hours or more. Availability: Advancion is now available to utility buyers and renewable developers in PJM, California, Hawaii, Puerto Rico, UK, the Philippines, and other markets.

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