Hydro-electric and thermal generation power systems require a coordinated approach for optimal storage management. The...
Energy storage is a growing service in today's evolving grid. It enables renewables to further penetrate the market and eliminate the need for peaking power plants.
The increasing use of renewable sources is a result of decreasing costs, increased carbon reduction and elimination policies, leading to the retirement of fossil fuel generators.
Energy storage offers unique flexibility from a scalability perspective compared to traditional power plants. Having a larger number of small battery units spread out, as opposed to one large gas turbine, has the potential to reduce the need for transmission expansion.