Who is Concurrent?

Your Turnkey Energy Storage Solutions Partner

Concurrent is a renewable energy company that specializes in developing and operating utility scale battery energy storage facilities. We are experts in transforming underutilized land tracts into renewable power projects that help stabilize our electricity grids, create new revenue streams for landowners, and support local economies. We provide end-to-end support for battery storage investors and developers, from early-stage development through commercial operations. At Concurrent, we make energy better.

About Concurrent

Why invest in battery energy storage systems (BESS)?

As our electrical grids rely more and more on renewables like wind and PV solar to meet increasing demand, Concurrent is focused on deploying energy storage projects that act as “peaking capacity” in ERCOT and other deregulated energy markets. Our 3-to-4-hour batteries provide the power, flexibility, and stability needed to keep the grid running smoothly and effectively. In short, large scale battery storage is critical to the long-term reliability of a clean energy grid.

The Concurrent Difference

We Provide End to End Energy Storage Solutions

Our deep experience in project siting, development, and commercial operations allows us to offer turnkey solutions to investors that enable them to own and operate storage assets in the U.S.
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Greenfield Site Selection

Our greenfield site selection process ensures the storage assets are strategically positioned where the grid needs energy storage the most. Greenfields, undeveloped land that can be used for commercial or residential development, bring many benefits for developers, including room to expand operations within shorter construction timelines, and create new infrastructure from the ground up.

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BESS
Development

Investors and landowners rely on Concurrent to complete all necessary entitlement work to prepare these systems for construction, commercial operation, and oversight. We take a collaborative approach to development and strive to exceed expectations with local communities, suppliers and policy stakeholders.

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BESS Commercial Operations

Once construction of a project has been completed, our team is able to provide active asset management to ensure ongoing success of the system. Our partners rely on our project siting and development skills to not only identify high-value locations for deploying energy storage, but to maintain these assets as well for optimization and efficiency.

Supporting the ERCOT Power Grid

With Renewable Energy Storage Systems

As our electrical grids rely more and more on renewable energy sources like wind and PV solar to meet increasing demand, Concurrent is focused on deploying energy storage projects that can act as “peaking capacity” in ERCOT and other deregulated energy markets.

Renewable energy power generation is rapidly replacing coal and natural gas, aka renewable penetration. There is no denying renewable power’s growth globally, accounting for one third of all electricity generation. Renewable energy (energy derived from natural sources like sun/wind), is the fastest growing energy source in this country.

According to Texas PUC Chairman Peter Lake, between 2008 and 2022, Texas’ population grew by 24%. In that same timeframe, the state’s On-Demand Dispatchable Power Supply grew by only 1.5%. The increase in demand for electricity is outpacing the supply of on demand dispatchable power, and in this new reality, our risk goes up as the sun goes down.

While battery storage plays an important role in balancing out the inherent intermittency of renewable energy, the majority of energy storage projects currently in development and operation can only provide one or two hours of energy. Concurrent believes that ERCOT will need longer duration batteries (3-4 hours) to address the widening gap in peak “net load”, which is defined as demand minus wind/solar production.

Because they can discharge energy over longer periods of time, longer duration batteries (3-4 hours) are able to address the widening dispatchable energy gap better than shorter duration batteries by offering greater operational flexibility. Long duration batteries can offer both energy and reserve capacity, thus enhancing grid reliability compared to short-duration energy storage systems.
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Schedule a Consultation

Talk with one of our advisors to discuss BESS investment opportunities or to learn more about developing a battery energy storage system on your property.
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