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Energy Storage: Moving Toward Commercialization

Energy Storage: Moving Toward Commercialization

Full Title: Energy Storage: Moving Toward Commercialization
Author(s): ABB Inc.
Publisher(s): ABB Inc.
Publication Date: November 1, 2015
Full Text: Download Resource
Description (excerpt):

The adoption of renewable energy and smart grid technology has rapidly altered the way we generate and deliver electricity. However, with the increase in solar, wind, and other distributed energy resources (DERs), utilities are finding it increasingly difficult to manage their systems to ensure that these variable sources of electricity are adequate to serve the constantly changing demand. As a result, grid stability and safety have become major issues.

Fortunately, the latest energy storage systems and controls can address these issues, and that makes them an important next step in the evolution of the smart grid. As the New York State Public Service Commission recently acknowledged, “A system consisting of weather variable and invariable generation will require a highly responsive demand side and/or the ability to store electricity on a large scale.” [1] But once installed, energy storage will also allow utilities to decouple generation from demand, increasing both grid flexibility and performance.

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