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1500 Walnut

Technology Type Ice Thermal Storage
Rated Power 210 kW
Duration at Rated Power (HH:MM) 0:15.00 / 6.00
URL More about 1500 Walnut
1500 Walnut was originally supposed to replace an ineffective cooling system. Ice storage was justified by reduced demand charges. As caps came off in PA, the demand charges were reduced and demand savings became hard to find. Tozour Energy and Viridity came in to modify the system to change the system to operate optimally as a virtual generator changing the controls to focus the entire building electrical systems, including the IceBank energy storage, to be able to transparently shed load upon a call from the electrical grid (PJM). 1500 Walnut currently participates in the PJM Capacity Market and also the PJM Economic Energy Market. Dependent on the equipment responsiveness and controllability of 1500 Walnut, the project could be considered for PJM Ancillary markets – Synch Reserve and/or Regulation in upcoming contracts.
This data has been validated by project staff through a review of publicly available information about the project, and verified by the project owner. Information is accurate as of 2016-04-29.
Project Status
Status Operational
Project Includes Multiple Systems No
Siting
Location

1500 Walnut Street,
Philadelphia, Pennsylvania 19102
United States

ISO/RTO PJM
Utility Type
Paired Grid Resource
Project Includes Multiple Systems No
Ownership & Value Chain Partners
Ownership Model Customer-Owned
Equity Owner 1 Customer owned
Equity Owner 1 Percent 100%
Cost & Performance
Projected Project Lifetime 25 years
Performance RTE 99%
Benefits
Service Use Case Electric Bill Management
Electric Energy Time Shift
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