PHILADELPHIA, PA--(Marketwired - September 29, 2016) - On September 27, 2016, Customized Energy Solutions, Ltd. presented the findings of the Massachusetts "State of Charge" Study at a public stakeholder event at the Massachusetts College of Art and Design in Boston. The "State of Charge" report was commissioned as part of the Massachusetts Baker-Polito Administration's Energy Storage Initiative (ESI), an initial $10 million investment that recognizes the potential benefits of incorporating advanced storage technologies into Massachusetts' energy portfolio. The Study's consultant team was led by Customized Energy Solutions and included Sustainable Energy Advantage, Daymark, and Alevo Analytics.
After opening remarks by Department of Energy Resources (DOER) Commissioner, Judith Judson, and Massachusetts Clean Energy Center (MassCEC) Interim CEO, Stephen Pike, the Study Team presented key findings of the "State of Charge" report. This included an analysis of the national and Massachusetts storage industry landscape, market opportunities for energy storage, economic and workforce benefits to Massachusetts, and energy storage use cases. "State of Charge" offers policy and program recommendations to help grow the energy storage industry in the Commonwealth.
During her presentation to stakeholders, Jacqueline DeRosa, Vice President of Emerging Technologies for Customized Energy Solutions, stated, "It has been inspiring to be part of such a visionary process, where we could all look beyond the "now' and formulate strategies for the future success of the storage industry in Massachusetts."
Established in 1998, Customized Energy Solutions assists clients in managing and staying ahead of the changes in the wholesale and retail electricity and natural gas markets. Serving hundreds of clients, Customized Energy Solutions offers best-in-class hosted energy market operations platforms and services.
About MA DOER
The Massachusetts Department of Energy Resources (DOER) develops and implements policies and programs aimed at ensuring the adequacy, security, diversity, and cost-effectiveness of the Commonwealth's energy supply to create a clean, affordable and resilient energy future.
To view the presentation slides and the State of Charge report, visit: http://www.mass.gov/eea/energy-utilities-clean-tech/renewable-energy/energy-storage-initiative/