Enel X in Top 3 Energy Storage System Integrators

Behind the meter, or BTM, is a smaller storage system that is physically installed “behind the meter” of industrial facilities and can provide energy to the network. Any surplus deriving from a distributed energy asset — meaning one that generates electricity at or near the end user — can be fed back into the grid, generating revenue for the owner, while a battery storage system retains power to be released when needed. “The number of cities, states, and businesses committed to carbon reduction goals is swelling and the demand for onsite generation of renewable energy is mounting,” according to the Guidehouse Insights Leaderboard. Distributed energy storage, or DES, “is poised to take a leading role in the new energy paradigm shift, delivering cost savings, grid support, and other bottom-line benefits.”

To reach its verdict on strategy, Guidehouse, a premier data and consulting firm that focuses on emerging technologies for regulated industries, looked at vision, partnerships and geographic reach, as well as the way a company delivers its unique value proposition. On the final point, known as go-to-market strategy, companies scored higher for engaging in activities such as direct project development, a multi-channel sales approach, offering so-called no-money-down financing, and acquiring customer data advantages. “As the DES industry continues to grow, Enel X is expected to remain a leading player, especially given the company’s access to customer data,’’ Guidehouse said in the report. “Enel X has added leading edge capabilities across portfolio advisory and load management and optimization by adding flexibility technologies like energy storage, DR, and building energy management to its offerings,” Guidehouse said, referring to Demand Response capabilities.

Thanks to its size, the expertise it has gained through decades of experience and the muscle —operational and financial — that comes from being part of the Enel Group, Enel X is able to meet customers’ individual requirements with customized solutions. What might be standalone battery storage on one site can be paired with a solar panel array or a microgrid to provide greater flexibility and control on another. It all adds up to bigger bill savings, sustainability and resilience, obtained through a variety of business models, also tailored to customers’ needs. These include leasing, power purchase agreements— both straight and hybrid — benefit sharing arrangements and spot sales, depending on the customers’ risk appetite.