Cellennium Thailand Company
Limited has been awarded a 3-year concession, lasting from
June 2003 to June 2006, from the Ministry of Energy to
commercially trade electricity with the grid. Future
extension of the concession is possible. Cellennium has
been operating a vanadium battery with solar PV system at
the Gypsum Metropolitan Tower in Bangkok, and has been
selling electricity to the Metropolitan Electricity
Authority (MEA) since early 2004 via a net metering
system.
Cellennium’s concession was awarded under the Ministry
of Energy’s regulations enacted since 2002 to support
very small power producers (VSPPs) who generate 1 MW or
less , per location, of electricity from renewable energy
sources.
The concession under the VSPP program marks and a very
important achievement for Cellennium Thailand. With this
concession and other possible future concessions,
Cellennium can commercially apply its vanadium battery
systems for electricity trading. Under the time-of-use (TOU)
electricity pricing scheme, the vanadium battery can be
used for arbitrage: storing electricity at night when the
price is low and releasing electricity for sale to MEA
during daytime hours when the price is high. |
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