Five Points Battery Storage Project
Asheboro, NC, March 9, 2022 – Randolph Electric announces the planned installation of cutting-edge battery energy storage technology. The battery project will be integrated at the Five Points substation located in Randolph County.
“Randolph Electric is committed to innovation that advances our Brighter Future vision for electricity that is affordable, reliable and supports our sustainability goals,” said Dale Lambert, CEO of REMC. “This battery installation allows us to reduce demand costs, strengthen the grid and reduce outage times for co-op member-owners."
The battery installation is one of ten substation batteries being deployed in rural locations this year by North Carolina’s Electric Cooperatives. Collectively, the batteries will provide 40 MWs of power. They will be charged when demand for electricity is low and discharged during moments of peak demand for power. This not only enhances electric reliability but should also provide cost savings over the lifetime of the batteries. Because cooperatives are nonprofit, at-cost energy providers, co-op members will benefit from those savings.
Installation of the battery energy storage system began in January, with activation anticipated in the summer. In addition to installing substation batteries, Randolph EMC and the network of cooperatives in North Carolina have worked together for years to lead innovative energy strategies, including community solar, microgrids, demand response programs and solar plus storage initiatives.
“We will continue to lead the integration, management and optimization of resources and technologies that benefit our community and local member-owners, now and in the decades to come,” said Lambert.