Earlier this month, the ideal motivation (NASDAQ: IPWR)
-Power conversion technology manufacturer-announces 10 orders received in its 30 KW power packet switching architectures (PPSA)
Battery converter for Coritech Services.
Coritech will use a battery converter for its bi-
Directional charging system for electric vehicles of the Ministry of Defense (DoD)installations.
Vehicle to grid (V2G)
Technology will enable electric vehicles to provide power to improve the efficiency, reliability and resilience of the grid.
The project follows the demonstration of intelligent power infrastructure for energy reliability and security ("SPIDERS")program.
SPIDERS is a joint project involving the Ministry of Defense, the Department of Energy and the Department of Homeland Security.
After these projects are completed, the Ministry of Defense plans to deploy up to 500 electric vehicles more widely, which can use the V2G technology of Coritech and ideal power company.
V2G technology could be a big deal in the next few years.
According to research firm Navigant, there will be millions of vehicles per quarter
From now until 2020, the electric vehicles that are enabled will be sold worldwide.
This makes sense because mobile storage technology is idle for most of the day.
Connected to the grid as storage, it can create another value stream.
In light of this trend, I spoke with Paul Bundschuh, president and chief business officer of ideal power, to get a better understanding of his converter technology, v2 g technology, and the issues that are playing will all lead us to the future.
First of all, about the ideal power technology: it's something technical.
Basically, your solar photovoltaic array or your electric car runs under direct current (DC)
You need to convert the power supply to connect to the power grid running under AC (AC).
Energy from the car or panel passes through the ideal power converter and is temporarily stored at high
The frequency AC link is configured so that the input and output are never directly connected together.
This very different approach allows you to eliminate the size, weight, efficiency loss and cost of traditional power converters.
Bundschuh explains the essence PPSA battery converter.
He pointed out that the key is to manage complex timing through embedded firmware control and "eliminate passive components such as transformers and capacitors, which often doesn't get cheaper every year.
"The ideal power supply uses the same hardware platform for battery and photovoltaic power converters, and firmware control is the only difference.
One of the main areas of concern for ideal power is power grid
Bundschuh believes that the product has a significant advantage in the mass storage market.
The company's original PV inverter products have been launched in the field for more than two years, and its battery converter products have been certified for more than a year.
Recently released several announcements on the deployment of commercial customers of its battery converter technology-the Coritech V2G project and some storage technologies
Bonch is optimistic about the company's development prospects.
He commented that GreenCharge Networks is a company deployed on the Internet
The on-site storage behind the meter is a customer that can optimize energy consumption profiles and reduce utility demand costs.
A dozen projects using ideal power converters are presented on Doe's energy storage website. (
Author Note: This website is shocking: you can search for energy storage projects worldwide by country, state and technology type).
Bonch sees some markets as the initial beachhead position to solve the problem-the same market also appears on the list of most storage companies in the United StatesS.
California, Hawaii and New York.
California is probably the hottest market at the moment, with AB2514 and PUC-
Set a target of 1,325 MW cost
Effective storage by 2020.
However, Bonch said that the hottest area in the market is business --
Put the battery and battery converter in a scale system in a commercial building.
There are relatively few companies focusing on this area, and the ideal power company is offering products to many of them.
Ideal Power's CCO also sees the potential to accelerate through third growthParty financing.
Most storage items are customers today
Bundschuh believes that this will change soon, thus limiting the potential pool of funds.
In the building space, the value is very concentrated on reducing the peak demand cost for high utilities levied on commercial customers (
These fees are usually based on the highest 15-
Minutes consumption value within month)
In some markets it's easy to make up more than 25% of the monthly bills.
These costs are fairly predictable because they are published tariffs and can serve as a basis for predictable sources of revenue.
Bonch believes that many people ignore the value of paying attention to customer demand fees, "but this may be a killer application for grid storage. ”In PJM (the mid-
Atlantic electricity market
Can also monetize frequency regulation (
Power market with rapid response)
Balance requirements by responding quickly to instant grids.
However, since the market is based on variable grid conditions, it is not possible to make predictable revenue forecasts, so project financing becomes more difficult. The EV fast-
The field of charging infrastructure and V2G also shows good prospects.
Bonch observed that it was a whole new world, where transport and transportation infrastructure collided.
In scale, a large number of mobile and underutilized storage resources have the theoretical ability to add great value to the grid.
After all, most vehicles are idle for most of the day.
One day, electric vehicle batteries can significantly ease the load and incorporate more renewable energy into the system.
They can also serve as the basis for a microcomputer.
Grid-the smaller grid connected to the main grid, but with its own source of power, and being able to be isolated from the grid in an emergency.
Bonchi pointed out that the military has been in a leading position in this field.
Bundschuh observed that this method can be extended to non-
And tactical fleet applications from other government agencies.
This could have a significant impact on the grid, and he is passionate about this potential.
This same method can also provide a key solution for emergency power in case of power grid emergency, and because the battery plays a useful function in the school car, part of the payment is made.
For ideal power, this opportunity is not immediately available.
Bundschuh's point is to take this logical step at a time, focus on where short-term revenue opportunities are and then grow into other potential opportunities as they become apparent.