A central energy facility (CEF) includes a plurality of powered CEF components, a battery unit, and a predictive CEF controller. The powered CEF components include a chiller unit and a cooling tower. The battery unit is configured to store electric energy from an energy grid and discharge the stored electric energy for use in powering the powered CEF components. The predictive CEF controller is configured to optimize a predictive cost function to determine an optimal amount of electric energy to purchase from the energy grid and an optimal amount of electric energy to store in the battery unit or discharge from the battery unit for use in powering the powered CEF components at each time step of an optimization period.