Bronzeville Energy Collaborative (BEC) will be a private/public collaborative focused on elevating technology development in the community of Bronzeville. The project is aimed at turning thousands of homes, business and schools in the Bronzeville neighborhood as virtual power plants, able to reduce the amount of energy they draw from the existing power grid.
The collaborative founding members are from area technology companies, universities and community groups. The members are founded on the belief that renewable energy sources, and electrification can only be successful and gain worldwide acceptance as Battery Energy Storage Systems accelerate in growth to store intermittent renewable generation
The immediate goals of the group is to locate a lithium-ion Lab and repurposing facility that will develop Battery Storage Systems (BESS)
In partnership with the wider strategic plan of Bronzeville its public leaders, citizens and customers the collaborative intends to aid and assist in revolutionizing the Bronzeville electric system to one that is more cost effective, renewable and reliable.
The main goal according to Ellington Ellis, a founding member, is to move Bronzeville toward electricity self generation and community wealth creation.
Ellington Ellis, a founding member of the collaborative, stated that many proposed collaboratives goals are never realized because community and collaborative members are looking for alignments. “Alignment is not what should be sought, says, Ellis, whether it be politics, business, religion or economics. Alignment is parallelism, and parallel lines never meet. Intersecting lines meet and at that intersection is where amazing events, innovation and success happens. “Our collaborative is not seeking alignment, but rather intersections that produce natural alignments. This is how we will be successful where others have failed.”
Utilizing some of the latest technology developed by some of its collaborative members the group will turn the Bronzeville neighborhood into an energy independent, wealth creation community. The comprehensive project will consist of Nano-grids, campus-grids, micro-grids, energy efficient products and services, community training programs. The project will also include the development and delivery of residential and business solar walls, utilizing second life batteries, an ICC novel technology, wind and solar energy generation.
The project not only projects the Bronzeville neighborhood as a power and wealth generation community but anticipates, based on its study, to provide thousands of jobs for the community over the next 10 to 20 years. Employment expansion and poverty reduction will be created by transforming the energy generation and distribution system in Bronzeville. A critical outgrowth of the collaborative is the ability to raise living standards for working people and the poor as the global energy micro partners grid transformation proceeds.
The project participants are looking to engage several intersecting entities, sponsors and investors. Current participants that will brought to the table based upon the current relationship with the founding members include: Global Battery Solutions, Urban America, Navitas Systems, Department of Transportation (DOT) Argonne National Laboratories, IIT, Bronzeville Urban Development.
Bronzeville Community Revenue Models:
Energy storage projects provide a number of services and, for each service, receive a different revenue stream.
Distributed energy storage projects offer two main sources of revenue.
Capacity payments from the local utility are one. Power purchase agreements providing capacity payments for distributed energy storage systems with terms of 10 years or more are becoming customary in California. Payments for demand charge management for on-site load are another. Demand charge management occurs when electricity is drawn from the during times when grid prices are highest. By drawing on the battery for power at those times, customers avoid expensive demand response charges. Although the customer’s cost savings vary, developers can lock in a revenue stream by charging customers a fixed monthly fee based on projected cost savings.
Distributed energy storage systems that have been financed by borrowing on a non-recourse basis to date have been able to demonstrate a rate of return that is acceptable to lenders based on revenues from capacity payments from a utility and compensation for demand response management from creditworthy customers.
What many industry players find exciting about distributed energy storage is the potential to stack even more revenue streams from ancillary services, such as spinning reserves and voltage support.
As it relates to ComEd, the group firmly believes that ComEd should not take ownership of these micro grid systems. However, the collaborative is sensitive to ComEd’s business model. BEC believes that ComEd should partner with community groups in developing and owning Micro-grids. Rather than letting micro-grids invisibly appear in the marketplace it is important that ComEd work in collaborative efforts with the community for the greater good of all stakeholders. We desire to work alongside ComEd to facilitate the provision of micro-grids, marketing and branding to the renewable and emerging ESS market.
Excess power: providing to ComEd at a much lower rate than ComEd would pay on the open market
Annual Workshop Conferences and trainings on Micro-Grids
Providing power to industry and businesses