The AES Corp.
) has begun operating an electric battery storage system with an
electric generation capacity of 40 megawatt (MW) in Ohio. The
company now has more than 100 MW of grid-scale storage in the
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The storage system will be utilized by AES' Dayton Power &
Light's Tait generating station in Moraine, Ohio. The Tait
battery with more than 800,000 battery cells connects through
DP&L Tait station's transformers, operated by DP&L and
DPL Energy, LLC, through an independent agreement with PJM. The
project will provide regulation services to PJM Interconnection
to stabilize the grid that supplies electricity to 60 million
This is the company's fifth facility to run on its Storage
Operating System. This patented operating system is known as sOS.
Its fast-response control architecture uses patented performance
algorithms to automate the operation of battery-based energy
storage arrays. While optimizing performance and efficiency for
customers, this operating system extends the life of the battery.
With its sOS, the facility will be able to reliably meet the
power needs from otherwise inefficient or retiring power plants.
AES Corp.'s storage resources are currently deployed in the U.S.
and South America. With a base of fossil fuel plants, the company
is predominantly involved in long-term contracts. The company is
investing substantially in capacity expansion in the power hungry
regions of Latin America and Asia. The company presently has a
short-term Zacks Rank #2 (Buy).
Other stocks worth considering in the space are
Brookfield Infrastructure Partners L.P.
Huaneng Power International, Inc.
), all with a Zacks Rank #2 (Buy).