Primus is an active participant in regulatory proceedings, both at the California state level and nationally. In the October 2011 FERC Order 755 “Pay for Performance” Primus was quoted numerous times in the final ruling. “Energy storage is both technical and regulatory challenge”, commented Tom Stepien, Primus Power’s CEO. “We are spending effort to help make sure that regulations affecting energy storage include all storage technologies, are market-based and consider both large and small companies. We applaud FERC for their recent orders and encourage completion of current efforts to streamline the accounting related to storage systems.”
About Primus Power
Primus Power is a leader in grid-scale energy storage solutions with a low-cost, scalable, distributed system. With patented innovations in chemistry, cell design and system engineering, the Company’s EnergyCell and EnergyPods™ products offer exceptional power density and portability at industry-low prices. Primus is the only company to receive government grants from the U.S. Department of Energy (DOE), the Advanced Research Projects Agency – Energy (ARPA-E), and the California Energy Commission (CEC). Its technology stands to revolutionize the economics, stability, and security of the electric grid, while accelerating the incorporation of renewable wind and solar energy.