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August 30, 2021

Willey Battery Energy Storage System, US

By Carmen

The Willey Battery Energy Storage System is a 6,000kW energy storage project located in Hamilton, Ohio, US.

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Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
Get ahead of this growing market and win big by utilizing our report.
by GlobalData
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The electro-chemical battery energy storage project uses lithium-ion as its storage technology. The project was announced in 2015 and was commissioned in 2016.

Description

The Willey Battery Energy Storage System was developed by Renewable Energy Systems. The project is owned by Sumitomo (100%).

The key application of the project is frequency regulation.

Contractors involved

Renewable Energy Systems, Sumitomo and Toshiba have delivered the battery energy storage project.

Additional information

The Energy Storage System is funded by Sumitomo Corporation Group. The monitoring, dispatch and control of the system will be handled by the Resolve Energy LLC storage platform, a proprietary technology developed by RES Americas. Resolve Energy LLC will manage the system for maximizing revenue while minimizing battery degradation.

About Renewable Energy Systems

Renewable Energy Systems Ltd (RES), a subsidiary of Renewable Energy Systems Holdings Ltd, is a renewable energy company that designs, develops, constructs, finances and operates energy development projects. The company offers project development, design and engineering, construction, commissioning, operation and maintenance, procurement, resource assessment, project engineering, asset management, project management, technical support and advisory services. It undertakes offshore wind projects, solar projects, transmission projects and energy storage projects. The company has operations in the UK and Ireland, the US, Australia, Canada, France, Germany, Turkey and Scandinavia. RES is headquartered in Kings Langley, the UK.

Methodology

All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.

Related Companies

Free Report
img

Battery energy storage will be the key to energy transition – find out how

The market for battery energy storage is estimated to grow to $10.84bn in 2026. The fall in battery technology prices and the increasing need for grid stability are just two reasons GlobalData have predicted for this growth, with the integration of renewable power holding significant sway over the power market. Over the last decade, various new digital and smart technologies have been integrated, with countries aggressively promoting the modernization of grids, enhancing the grids’ capability to meet present and future requirements. As part of the effort, batteries are being deployed for a wide range of uses. A few such uses include aiding smart grids, integrating renewables, and creating responsive electricity markets. Read this report for expert insights into:
  • Market size and growth
  • Key drivers and restraints
  • Regional trends
  • The impact of the commodity price increase on the battery prices
Get ahead of this growing market and win big by utilizing our report.
by GlobalData
Enter your details here to receive your free Report.

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