The significance of building and configuring new energy storage facilities

Why should energy storage facilities be installed?

For new energy units, proper deployment of energy storage facilities can promote the consumption of excess generation, increase the option of selling electricity in the high price period, participate in the competition auxiliary service market, and improve the return on total life cycle assets.

Why do we need a co-optimized energy storage system?

The need to co-optimize storage with other elements of the electricity system, coupled with uncertain climate change impacts on demand and supply, necessitates advances in analytical tools to reliably and efficiently plan, operate, and regulate power systems of the future.

How can new energy suppliers use energy storage facilities?

New energy suppliers can use energy storage facilities by installing, renting or purchasing external services, so as to control the power output within the allowable fluctuation range.

Why is energy storage important in a power system?

Energy storage of appropriate capacity in the power system can realize peak cutting and valley filling , reduce the pressure caused by the anti-peak regulation of new energy units, and smooth the fluctuation of new energy output .

What is the future of energy storage?

The future of energy storage is essential for decarbonizing our energy infrastructure and combating climate change. It enables electricity systems to remain in balance despite variations in wind and solar availability, allowing for cost-effective deep decarbonization while maintaining reliability.

What is the purpose of energy storage configuration?

From the time dimension, when the short-term (minute-level) output volatility of new energy needs to be suppressed, the main purpose of energy storage configuration is to offset the penalties of output deviations.