Tangent Energy is a market-proven Energy as a Service (EaaS) company that combines an industry-leading, energy solutions technology platform with expert insights and managed services to provide distributed power solutions. Tangent’s solutions are powerful enough to manage all distribute energy resources (DERs) in an energy provider’s service area and optimize economic returns from individual and industrial customer energy systems and DERs.
Distributed Assets
2.5 MW natural gas generator and a 5 MW, 10 MWh energy storage device
Technology
Tangent AMP®
Operational Need
To lower the cost of electricity for the municipal electric utility during premium price hours.
EaaS Uses
Tangent AMP software monitors energy market conditions and economic opportunities to dispatch the assets into ISO-NE (power pool).
Benefits
The dispatch of the assets during predicted premium price hours provides a return to the financial investor and savings to the municipal electric utility.
Distributed Assets
4 MW of lean burn natural gas generation
Technology
Tangent AMP®
Operational Need
Resiliency needed to ensure operation during frequent utility outages.
EaaS Uses
Software monitors energy market and economic opportunities to dispatch the assets into PJM (power pool).
Benefits
The economics of the dispatch provide a return on investment for the third-party owner, a savings stream for the municipal electric provider, and resiliency for the plant.
Distributed Assets
8 MW of natural gas generation and 6.3 MW, 14.8 MWh of energy storage
Technology
Tangent AMP®
Operational Need
A utility circuit limitation prevented the military from operating an installation that is occasionally used in conjunction with the privatized facilities.
EaaS Uses
Benefits
Assets enabled military and civilian facilities to coexist while reducing energy costs without expensive utility upgrades.