NRStor Signs 42 MWh MOU for Storage in Ontario with IHI Energy Storage

#EnergyStorage #Ontario NRStor signs MOU w/IHI Energy Storage for 42 MWh of behind the meter C&I storage for 8 projects in Ontario worth ~$15 million. Storage driven by Global Adjustment Charge, function of coincident peak demand for C&I customers.  Large C&I customers may also be able to benefit from time shifting hourly demand leveraging their energy storage asset. Small and mid-sized C&I customers may also be able to generate additional value by time shifting their demand on TOU rates.