Kelly Sarber, CEO, Strategic Management Group joins CZW RoundTable to discuss the fast-growing segment of energy storage and Public Private Partnerships key in generating revenues and green energy value, and provides a guidebook to attracting strong partners.
For the energy market, corporations, municipalities and sanitation districts/WWTP have un-levered property that can generate income streams. Federal stimulus funds will look for shovel ready projects that are also aiding in combating climate change and creating renewable energy/storage projects in key congested locations.
Private market participants interested in partnering to co-locate projects to drive infrastructure investment for utility scale energy storage projects.
“I’m soliciting strategic partnerships with well, located industrial sites for energy storage and entities, and seeking municipalities wastewater treatment plants, waste facilities, large corporate campuses near urban electric congestion zones.”Kelly Sarber
Kelly discussed projects in multiple states are already underway in a recent article: Landfills emerge as promising battery storage sites to back up renewable energy, and how siting ESS and building battery storage at existing landfills and wastewater treatment facilities sites, where there is typically ample empty space, and batteries are presenting a new revenue stream for closed landfills.
Kelly said, “There is an opportunity to create two revenue streams instead of just one” at sites that use landfill gas to generate electricity and that “the batteries can use the interconnection to the electric grid, freeing up the gas to be used for other purposes like being sold as vehicle fuel.”
Interested parties in these projects have been “driven by state-level by both state-level policies that create a market for storage capacity,” and “by clean energy goals at the municipal level.” Battery storage lets cities take credit for more clean energy that offsets their emissions, and can cut the costs of operating landfills that serve those cities, or turn a closed landfill from a liability to an asset.
Kelly is a proven renewable energy developer, most recent in one of the “Biggest Energy Storage System in NYS Is Major Step Toward Clean Energy Goals,” a recent New York City 174PG project: “Con Edison & 174 Power Global Bringing Large Battery Project to Queens.”