AEG Amps Up Energy Saving
Traditionally it has been an accepted loss in the industry that venues hosting events during peak electricity-use hours simply have to eat the cost and pay jacked up rates. Now, AEG is pioneering a way out of this paradigm by introducing energy-storage technology developed by Tesla.
The 27,000-capacity
John Marler, AEG’s senior director of energy and environment Systems, said the StubHub Center, the home of the Los Angeles Galaxy soccer team, pays approximately 60 cents per kilowatt hour from noon to 6 p.m. during weekdays, and costs can really skyrocket when events are held during those periods.
In contrast, rates can go down to 10 cents per kilowatt hour overnight. The new system uses Tesla’s Powerpack technology, which resembles the same tech used to power the company’s electric vehicles.
The way it works is fairly straightforward: The stadium purchases large amounts of electricity overnight, while rates are low, and stores it for use during peak hours.
Some less clean factories operate only to satisfy demand during peak hours, so it is expected that the stadium’s implementation of the technology will reduce the overall amount of unclean energy generated.
AEG currently operates more than 120 venues and will no doubt be playing close attention to the benefits of using this Powerpack technology.
With the advent of Tesla’s Gigafactory, expected to be completed in 2020, battery systems for many more venues’ commercial use could be widely available very soon.
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