CEO Message:
“MGN was founded on three basic principals:
- Energy Storage is central to New York City’s growth, electrification and the decarbonization of it’s power system.
- The best place to build Energy Storage in dense urban environments is at the neighborhood level as close to the load as possible where it adds distribution capacity, saves ratepayers money and allows for penetration of intermittent generation.
- Building Energy Storage is a real estate challenge, a design challenge, a construction challenge and a public relations challenge all rolled into one. Finding the right solution requires technical expertise, design creativity and grit. MGN aims to be the company with the best combination of these skills.
The MGN team is lead by local New York based industry leaders with decades of experience designing, financing and building projects in dense urban environments. MGN deployed the first Mesh Network Energy Storage facilities under ConEd EO-2022 standard and has been operating these facilities since 2023. MGN has been an industry leader in working to advance interconnection standards and practices as well as regulatory practices in New York Zone J energy market.”
- Tim Dumbleton, CEO
Why NYC?
NYC is the most dense and complex coastal economy and energy market in North America. The city and state are taking vigorous action to prepare for more frequent and intense weather and tidal events.
MGN’s energy facilities directly address these risks, increase the value of real estate where they are located, create a new foundation for economic growth and competitive advantage in the city where our company was founded.
A recent NYSERDA study concluded that facilities like the ones we build will save New Yorkers more than $2B in unnecessary upgrades.
Our Technology:
The advanced energy storage and generation technologies deployed at each of our facilities are specifically designed to integrate with and deliver the greatest value and resiliency to the properties and buildings which host them, the local utility network and energy users in the neighborhoods they serve. Each of our facilities are also designed to work in concert as an energy network to deliver benefits to the broader economy and environments of NYC.
Why should batteries be installed in NYC?
The NYC grid is one of the oldest and most congested in the country. The path to decarbonization will require that this grid carry more power, more flexibly than ever before. Batteries allow the grid to “flex” with the needs of the users and a varied supply of power from solar and wind resources.
