Fortune 500 Automotive OEM

A large Fortune 500 automotive OEM and battery manufacturer was looking to reduce the costs of their facility by re-using their old batteries, such as participating in ancillary services and allowing rate arbitrage time of use rates.

CHALLENGE:

A large Fortune 500 automotive OEM and battery manufacturer was looking to reduce the costs of their facility by re-using their old batteries in value-adding ways.

They were also interested to understand the impact to the solution when solving to require a full 24hr backup, as well as reducing carbon instead of costs.

SOLUTION:

With Xendee, the client was able to model the facility with batteries that could participate in ancillary services and allowed rate arbitrage time of use rates. Xendee also modeled the benefits of solar, resilience, and the impact of future EV charging.

RESULTS:

Xendee indicated how a large battery could deliver significant value through FCR-D up and down regulation ancillary services, even with modest rates and win percentages. 

This gave the OEM the information they needed to proceed to the next phase of the project.