Greensmith Energy Promises Mitigating Greenhouse Gas Emissions by Conserving Fossil Fuels
Greensmith Energy will impart a integrated energy management system for Graciolica lda’s microgrid power facility in the Azores. Graciosa Hybrid Renewable power plant will supply 1 MW of solar and 4.5 MW of wind power to the local electricity grid therefore lowering the dependence on fossil fuels eventually mitigating greenhouse gas emissions. Combination of solar and wind generation together with energy storage using lithium-ion batteries will help lessen the ill-effect. GEMS encompasses intelligent energy applications that emphasize on overseeing the operation of energy storage power plants and hybrid power plants formed by energy storage, thermal generation, wind and solar. GEMS has the capability to regulate fluctuations in output that are bound to occur. The five year agreement calls for completion of the plant by mid-2018 during which it is set to become fully operational.
Scott Macaw, Director, Graciolica Lda and Recharge A/S said “Our investment will help create a renewable energy asset that will deliver both economic and environmental benefits. This project represents the future direction of the global energy sector with an integrated power system combining renewables and energy storage. We appreciate Greensmith’s professionalism in providing the software needed to expand the functionality of the microgrid to create overall system reliability and performance.”