Turtle & Hughes Enters Energy Storage Market
posted Monday Jun 24, 2019 by TURTLE & HUGHES in Corporate Announcements
Building sustainable resilient redundancy in the delivery of energy services is a proven expertise of Turtle & Hughes on many recent projects. This, along with the shrinking cost of battery energy storage systems and integrated controls that is driving demand for energy storage, has led to the launch of a new business department, Turtle Energy Storage Services (TESS).
The new department is under the direction of Executive Vice Presidents Mark Crowdis and Kenneth McCauley (Contact at: TESS@turtle.com), who join Turtle & Hughes with decades of finance, project development, engineering, manufacturing, and policy experience in the energy sector.
According to Luis Valls, President of Turtle & Hughes Electrical Distribution Division, “With a large number of cities and states committed to 100 percent renewable energy, battery storage systems are moving our world closer to carbon-free energy use. These new technologies provide opportunities for a wide range of commercial, industrial and utility scale applications. With Mark and Ken on our team, we see this as a natural extension of our proven expertise achieved over the last century in power distribution, industrial infrastructure and energy management solutions.”
"We joined Turtle & Hughes because we have known the family and the executives running the business for 10 years. They are efficient, driving sustainability on an enterprise level, as well as with their customers; they know how to run projects in a profitable manner. There is no organization better positioned to advance energy storage markets," Crowdis said.
Energy Storage Systems
Energy storage has been labeled the next disruptive technology in the power sector. Turtle & Hughes engineers are on the forefront of this technology and can implement complex systems that integrate with renewables to enable low-to no-carbon strategies. Customers can generate and consume their own power, manage energy flows, perform revenue generating grid services, or even disconnect from the grid when it’s beneficial to cost savings and shift power to the grid when it’s most profitable.
In the wake of recent severe weather events, the value of energy resiliency can’t be overstated -- another capability enabled by energy storage and distributed generation. It allows customers to island a building, neighborhood, and/or town, like in the recent Turtle & Hughes microgrid project at Hudson Yards in New York City. Two co-generation plants with complex switchgear from Turtle & Hughes form a smart microgrid, which is designed to keep the city’s largest new urban village running even in the case of a power outage.
TESS will leverage expertise from across the company, including its industry-leading Power Distribution & Automation Solutions (PD&AS) department and TSI Turtle Services (TSI), which provides customers with full turnkey technology-driven solutions in Environmental Consulting, Industrial Technology, Project Management & Consulting, and Automation. Full service solutions from TESS include, system modeling, planning and design, technical support, and just-in-time inventory solutions.
“We can help customers do everything from maximizing utility savings by shifting load or discharging when rates are highest, to structuring utility level services for frequency regulation, transmission charge mitigation, or energy arbitrage. In short, we address behind the meter, in front of the meter and across the meter applications,” explained Crowdis.
There is much evidence to support the value of storage systems. A recent McKinsey report found that “storage is already economical for many commercial customers to reduce their peak consumption levels.” Making the technology economical is the decreasing cost of batteries and increasing levels of solution integration. According to the latest Long-Term Energy Storage Outlook by Bloomberg NEF, the capital cost of a utility-scale lithium-ion battery storage system is expected to decline 52 percent between 2018 and 2030. The report states, “The global energy storage market will grow to a cumulative 942GW/2,857GWh by 2040, attracting $620 billion in investment over the next 22 years. Cheap batteries mean that wind and solar will increasingly be able to run when the wind isn’t blowing and the sun isn’t shining.” Reduction in initial cost coupled with improved performance and long-term reliability is a compelling combination.
About the Team
Before joining Turtle & Hughes, Crowdis and McCauley co-founded 127 Energy, a renewable energy development firm focused on financing and building solar photovoltaic (PV) and energy storage projects in North America and island environments.
Crowdis brings 24 years of professional experience in the energy sector, including 21 years in renewables. His expertise lies in market creation, development, finance, sales, public speaking, and contract negotiation, delivering cutting-edge projects to customers for the greatest environmental impact. In addition to 127 Energy, Crowdis holds a leadership position at CR Ten, which supports development and project execution to advance low- to no-carbon technologies. Crowdis holds a B.A. degree in History from the University of California, Davis, and a Master’s degree in Environmental Science from Johns Hopkins University.
Previously, McCauley served as President and CEO of Princeton Power Systems, Inc., a leading designer and manufacturer of multi-port, bi-directional inverters, software-based controls and fully integrated energy storage systems. His projects included grid-tied and off-grid microgrid systems for the U.S. National Park Service and Department of Defense, as well as in Africa and on private islands for high net worth individuals. McCauley holds a B.S. in Chemical Engineering from Bucknell University and an MBA in Marketing/Finance from the University of Richmond. He is an Advisory Board Member of the New York Institute of Technology.
About Turtle & Hughes
Turtle & Hughes has close to 100 years of market experience and ranks among the top 20 electrical distribution companies nationwide. It is an independent, woman-owned business that services the industrial, construction, commercial, electrical contracting, export and utility markets. Turtle & Hughes Integrated Supply division (THIS), services Fortune 100 companies operating nationwide, and in Canada, Puerto Rico and Mexico.
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