Project Development Case Studies
Reciprocating Engine Array in PJM
Tangibl originated and raised development funding for a series of small gas-fired generation projects in the shale-gas regions of PJM. Working with the project development team, Tangibl provided all engineering support for entire development project, including recommendations for engine providers and emissions control. We performed power system modeling including load flow simulations to estimate cost allocations for network upgrades. Tangibl managed the PJM process for 25-30 PJM interconnection requests that resulted in the successful execution of 12 Interconnection Agreements and represented the project companies at PJM on all relevant ISO and FERC regulatory matters, including development of bidding strategy for PJM Capacity Auction.
Unlike many project developers, Tangibl has the capability to self-perform key functions such as site identification and control, off-take, fuel supply and construction contract negotiations, electric transmission network analysis, interconnection studies, and project engineering.
Battery Energy Storage
Tangibl provided technical guidance and project support to a large distribution utility in the northeastern U.S. for battery energy storage pilot project mandated by state environmental regulator. We assisted with site selection and specification of power and energy configuration, and managed RFI and RFP processes for selecting a turnkey provider of the battery energy storage system. The project is currently pending regulatory approval for final deployment.
Tangibl is currently developing battery storage projects for asset owners seeking to firm up renewable assets directly or indirectly through participation in state-mandated energy storage initiatives across the U.S.