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There has been quite a bit of press related to Energy Storage. To be more
specific - Energy Storage in relation to renewable energy and the distribution
system.
Energy storage represents an enormous opportunity for organizations and
utilities to capitalize on the benefits of storing power when the demands are
low and releasing it when the demand for power peaks.
Consider the following. If your organization owned a renewable energy generation facility (a Wind Farm or Wind Turbine for example), and you were grid connected, storage would allow you to capture power generated in the 'off peak' hours and release it into the electrical system when the power is needed - during a peak demand period.
By the same notion if your organization was measured based upon the
demands you make on the system (in Ontario we have a system where the largest
users in the Province are faced paying a 'Global Adjustment'), and you had
energy storage connected behind the meter, then you could successfully avoid
some of these peaks by utilizing the energy you captured in non-peak times. In
effect you would be 'peak shaving' and able to continue your operations without
worrying about impacting your electrical charges in peak times.
In both cases it doesn't sound like there would be much impact. However
for the large users the savings on these two items could represent hundreds of
thousands of dollars.
If you are a utility facing the increasing costs to maintain your system
then you may have concerns related to power quality and the ability for
distributed generation to respond in a timely manner. Energy storage can be
configured to be fast responding and not require either the start up time or
the run requirements of traditional generators. Energy storage can also allow
the system to avoid or defer the costs of additional generation, distribution
and transmission assets by capturing unused energy when the system demands are
reduced.
Lastly batteries for electric bikes
can become a central piece of any micro-grid
infrastructure. As the price of micro-generation drops (whether this is fuel
cell, micro-turbine, or renewable technologies) they are also become much more
efficient. This efficiency has created a paradigm shift whereby a
household/business may be able to create much (if not all) of its power
requirements on site. In this case, surplus energy generated could be stored
for release at later times. This storage allows for micro-grids to become much
more appealing for the average user - especially in situations where we know
electrical power prices will continue to escalate in the coming years.
Todd Ramsey is a strategist, innovator and leader who focuses on developing
leaders within his teams/client's organizations - whether they are at
technology, telecommunications, or energy companies. His success is built upon
understanding the real issues in a situation and approaching these with
integrity, passion, focus, and driving results in a professional manner where
the client (internal or external) feels valued and respected.
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