Alberta established the regulatory framework for its electric system when generators and loads were clearly differentiated. Energy storage facilities are blurring those distinctions with their ability to rapidly switch between supplying electricity to the grid and withdrawing electricity from it. Requests to connect energy storage facilities to the transmission system have prompted the Alberta Electric System Operator (AESO) to examine the costs that should be attributed to energy storage facilities, the technical standards with which they must comply, and the rules under which they must operate. The AESO currently has initiatives underway to clarify and, where appropriate, develop tariff provisions, standards, and rules that apply to energy storage facilities. Although the existing regulatory framework provides some guidance, participants in Alberta’s electric industry can also contribute to the evolution of grid energy storage policy.
Applications: Lithium-Ion Energy Storage Solutions:
Energy Storage compensates for variations in generation within milliseconds and secures stable grid operation. Energy storage solutions make it possible to integrate an increasing amount of solar and wind power generation into distribution grids without the need for immediate extension. In addition to that, energy storage solutions ensure a self-sufficient and reliable energy supply in micro-grids with renewable generation. Energy-efficient processes are of the highest importance for industrial businesses in order to keep energy costs down and exceeding the maximum load only once can lead to incurring high costs. In addition to that, even the shortest interruption of energy supply can lead to a complete failure of production plants. The consequences can have an enormous impact on loss of quality, time, and finances.
The presentation will cover how Energy Storage solutions function as a modular system that combine cutting-edge power electronics for grid applications with high-performance lithium-ion batteries.