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1/6/2018 — Alternative Energy
Contract and Infratec on energy JV

Major energy company Contact Energy Ltd (NZX & ASX: CEN) and the Infratec group are teaming up to help more NZ businesses move into low carbon energy by offering end-to-end renewable generation - battery storage, and energy management solutions.

Contact said yesterday that NZ businesses are well placed to take advantage of renewable energy products like rooftop solar because their period of highest energy use occurs when these technologies produce the most power, potentially offering savings on their energy bills.

Other benefits from on-site generation and storage can include greater visibility into power use, and greater flexibility with a choice between using, storing, or selling excess energy back into the grid.

By incorporating battery storage, Contact claimed business can also increase their resilience in the event of power cuts.

Contact’s chief generation & development officer, James Kilty said: “At a business case level, distributed generation is starting to stack up for some customers, but it is still a new market that has a way to go before it reaches maturity.

“We’re excited to be collaborating with customers and with Infratec to be able to deliver distributed energy solutions that are sustainable: low emissions, cost effective, and reliable.”

Contact said that looking further out, as scale continues to build, it will link distributed energy business customers into its demand flexibility platform, giving the company the ability to buy their stored power for use during periods of high electricity demand.

The company was already trialling coordinating distributed assets through its demand flexibility platform in Wellington and Christchurch, having linked a number of solar and battery enabled households, to assess the viability of technology at a retail level.

This two-year trial should be completed in mid-2019.

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