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Two Bridges – Site 20

Two Bridges ‐ ManhattanNon‐Profit Urban Electrical

CooperativeWhy a Smart Microgrid in Manhattan’s East Village?

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#20   2

Hurricane Sandy

Left us here…

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#20   3

Microgrid will prevent loss of……

•   Ventilation, water, lights, heat, toilets•   Elevators to the 27th floor

•   Police communications in the area•   Ability for veterans to purchase food

•   Medicine and life support

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Two Bridges Microgrid Overview

• Our project takes a Systems of Systems Approach tosolving a Community’s Energy Surety, Security and

Efficiency needs

• We do this by creating a balance between lowcarbon and renewable generation combined with

energy efficiency measures

• This produces a replicable and scalable model thatreduces overall customer energy usage and deliversresource flexibility during periods of gridinterruption

4

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NYSERDA Project Goals

Commercially viable business

Critical facilities

Vulnerable population

Expanding DG/solar

Further REV goalsBCA criteria met

Locally empowering

New business modelPublic – private partnership

Expandable + replicable

Incubator for Innovation

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Two BridgesNeighborhood Council Louis BergerProgram Manager

MilestoneArchitecture

Architect

Morrison &Foerster

Legal Counsel

SRRFinancial

Consultants

Lockheed MartinMicrogrid

Systems Integrator

WiFiNYCommunications

Beyond The Grid Team

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Ownership Structure

• “Urban Cooperative” inspired by the Rural ElectricCooperative Model

• Not for Profit Organization

• Credit worthy Obligor(s)

• Board of Directors to provide managementoversight and Governance

• DG microgrid facilities will be “QFs” under PURPA;

eligible for ConEd Buy‐Back Service• NYCHA and other properties will purchase power

under PPAs

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Financial Structure

• Urban Cooperative/Obligor equity

• Private Investment – Bostonia Partners LLC – US Grid Company

• Government Investment

 – NY Green Bank – DOE Loan Guarantees

• Energy Efficiency Incentives

 – ConEd – NYSERDA

• Vendor Financing

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Key Technical Findings

9Seamless Grid Islanding and Battery Peaking

    G   r    i     d    F   a    i     l   u   r   e

Load Under‐serviced

    B   a    t    t   e   r   y    P     l   a   n    t   a   n     d    S   m   a   r    t

    H   y     b   r    i     d

    I   n   v   e   r    t   e   r   s   s   u   p   p     l   y

    4 .    2

    M    W     P

   e   a     k     f   r   o   m    1 .    6

    5

     k    W     C

    H    P

Smart Seamless Transfer Grid

Follow to Grid Forming and back

to following when grid returns

Smart Seamless Transfer Grid

Follow to Grid Forming and back

to following when grid returns

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#20   10

Two Bridges Microgrid Components

4.2 MWh

Battery

2 MVA Hybrid

Inverter

2x600 kW

CHP Turbines

100 kVA Hybrid

Inverter

2x200 + 1x65 kW CHP

Turbines = 465 kW

13.8 kV Microgrid

Distribution

8x Solar Rooftops =

350 kW

4.2 MWh

Battery

2 MVA Hybrid

Inverter

100 kVA HybridInverter

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Urban BCA

11

1. District heating2. Verticality

3. Resilient

communications4. Prevailing wage

5. EBT for Veterans

and SNAP

East Village is an environmental justice community.

Other Considerations

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Project Capital Costs

Project Components Costs

($000)Distributed Energy Resources 6,500

Energy Storage 4,000

Distribution Infrastructure 4,900

Total 15,400

12

$7M NPV

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Recommendations and Next Steps

• Explore in detail the financing options proposed

•

 Investigate Energy Efficiency Measures andDemand Response opportunities to furtherimprove project business case.

• Explore the untapped potential of Steam and LowGrade Waste Heat

• Address unmeasured benefits for the BCA model

• Apply for NY Prize Stage II

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Two Bridges – Site 20

Questions

Two Bridges

Non‐Profit Urban ElectricalCooperative

Presentation available at twobridges.org

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Backup Slides

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Financing through ESPC Method

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No up f r ont invest ment by f aci l i t y owner ; i nvest ment is paid

back wi t h guarant eed per f ormance and ener gy savi ngs.

No up f r ont invest ment by f aci l i t y owner ; i nvest ment is paid

back wi t h guarant eed per f ormance and ener gy savi ngs.

ESPC = Energy Savings Performance Contract