Shared energy storage policy promotion

What are the relevant policies for energy storage?

The relevant policies during this period were mainly about R&D on the power grids that incorporate energy storage technologies, and demonstration application of energy storage technologies in the field of renewable energy. These have laid a solid foundation for the development of energy storage.

What are the industrial policies for energy storage?

The industrial policies for energy storage are complex and diverse. The development of energy storage industry requires promotion of the government in the aspect of technology, subsidies, safety and so on, thereby a complex energy storage policy system has developed.

Are community energy storage systems fair?

However, the fairness of utilizing the community energy storage system should be considered in the allocation phase, in other words, it might cause problems if the ratio of charging and discharging is not satisfactory in a given community, causing some households to always provide power to other households.

Should community energy storage be used instead of private energy storage?

Computational results are presented on two real use cases in the cities of Ennis, Ireland and Waterloo, Canada, to show the advantage of using community energy storage as opposed to private energy storage and to evaluate the cost savings which can facilitate future deployment of community energy storage.

How do ESS policies promote energy storage?

ESS policies mostly promote energy storage by providing incentives, soft loans, targets and a level playing field. Nevertheless, a relatively small number of countries around the world have implemented the ESS policies.

Are shared energy resources better than private energy storage?

We demonstrate the advantages of using shared as opposed to private energy storage. Distributed Energy Resources have been playing an increasingly important role in smart grids. Distributed Energy Resources consist primarily of energy generation and storage systems utilized by individual households or shared among them as a community.