What is the energy storage design project?

The project began with the refinement of a matrix of interim and long-term design issues that were targeted to be addressed by the document, “Energy Storage Design Project Draft Design Document for Stakeholder Comment, February 4, 2020” (the “Interim Design”) and this Long- Term Design Vision document, respectively.

Are energy storage systems a key enabling technology for renewable power generation?

Energy storage systems that can operate over minute by minute, hourly, weekly, and even seasonal timescales have the capability to fully combat renewable resource variability and are a key enabling technology for deep penetration of renewable power generation.

Why do we need energy storage systems?

Energy storage systems help to bridge the gap between power generation and demand and are useful for systems with high variability or generation-demand mismatch.

What is the interim design of energy storage?

In the Interim Design it was contemplated that energy storage would integrate with the current load and generation resource models, the current electricity market, and utilize numerous imperfect workarounds in order to minimize the need for near-term tool changes.

What is included in the energy storage course?

Additionally, considerations for energy storage project development and deployment will be discussed. This course is provided in a live-online environment and includes a 6-hour introduction to energy storage followed by three optional 2-hour deep dives on energy storage valuation, battery technology and performance, and safety.

What is energy storage technology?

The development of thermal, mechanical, and chemical energy storage technologies addresses challenges created by significant penetration of variable renewable energy sources into the electricity mix.