Energy storage company Stem Inc., software and data analytics, won 85 MW in the local energy storage capacity procurement from Southern California Edison (SCE).
Under the terms of this multi-year agreement, Stem will deploy its advanced, behind-the-meter energy storage solution at customer locations in the Western Los Angeles Basin to act as dispatchable capacity to enhance the local reliability of the region.
Through the combination of reliable storage and a proprietary software platform, Stem empowers customers to more efficiently monitor and manage energy use while providing additional capacity to SCE. The Stem Zero financing program, backed by more than $100 million in funding, enables immediate energy savings with no upfront cost.
Stem was previously selected for projects with the Sacramento Municipal Utility District (SMUD) and Hawaiian Electric Co. (HECO), and is active in the California Independent System Operator (California ISO) wholesale energy market.
Stem will begin system deployment following approval from the California Public Utilities Commission.