Determining the Best Energy Storage Options

Sandia National Laboratories and the Department of Energy have released a new tool – ES Select, to help utilities, developers and regulators identify the energy storage options that best meet their needs. The tool promotes public understanding of energy storage options and the benefits they offer when applied on the electric grid. This enables the easy determination of the value of energy storage technologies for a specified application, which developers predict will increase the adoption of energy storage technologies.

The tool is designed to provide users with fundamental insights regarding the capacity of energy storage technologies.  Previously, utilities and developers who want to use energy storage undergo an arduous process when considering which energy storage technology to apply. All have different costs, and estimating revenue from using various applications is difficult. This is set to change with the advent of ES-Select which aggregates all relevant factors into a single decision-support tool that runs in a few minutes. Rather than basing decisions on a single factor such as capital cost, ES-Select assesses how an energy storage technology performs while addressing uncertainties in application value, storage cost, cycle life, efficiency, discharge duration and other parameters.

ES-Select should benefit utilities, independent power producers, industrial and commercial enterprises, regulators, lawmakers and the public, including those doing research on energy storage. It will also encourage those who might not have considered energy storage before to think more seriously about it and evaluate its potential as a viable option.

Source and Read More 

If you want to know more about this and other topics directly from end users of energy storage technologies join us at one of these annual events: The Energy Storage World Forum (Grid Scale Applications), or The Residential Energy Storage Forum, or one of our Training Courses.

LATEST ARTICLES

The UK National Energy Grid – A Story of Islands, Trading, and Energy Storage

As first seen in Energy Global, grid software acts as a modern-day map, helping to chart and navigate today’s energy grids; software engineers are tasked with carefully delineating how each region’s energy markets operate. However, looking more closely at energy markets makes clear how unique each market is – each defined by different topography, resources,…

Read More

Battery Storage for Commercial & Industry

Powerful battery storage offers many advantages in terms of saving electricity costs and a reliable power supply. With this technology, companies retain control of their energy supply and costs. The battery storage system is charged when energy is cheaply available and it supplies the stored electricity when prices are at their highest. With applications such…

Read More

Ultracapacitor UPS (U-UPS) for voltage dips and micro-interruptions

Power interruptions are the most frequent power supply problems with wide-ranging consequences for industry. The causes of these interruptions include short-circuits in the distribution grid, lightning strikes, the connection and disconnection of power plants as well as volatile energy producers such as wind and solar. Because technologies and production processes are becoming increasingly complex, the…

Read More

★REVIEWS

“Probably the most interactive and well organized storage event on the calendar.”

★★★★★

Sales Director, S&C

“Great topics, competent speakers, good networking: keep it like that.”

★★★★★

TLC & SCADA Manager, FRI-EL

“High scientific content, well targeted, perfect organization.”

★★★★★

Expert Technical & Governance, Elia

Excellent networking event. The sponsorship was well worth it.”

★★★★★

Manager, ATL

View More

x