A new white paper from Wärtsilä Energy shows that being able to integrate and then optimise all of these different assets is the key to ensuring that your project – and your investment – is going to provide the maximum benefit, longest possible lifetime in the field – and the best business case. Risto Paldanius, Director of Business Development, Energy Storage and Integration at Wärtsilä told us a bit more about what optimization really means in today’s energy market.
The dramatic fall in cost, occuring alongside the mass roll-out of home storage systems in Germany since 2013, has highlighted the potential of decentralised batteries in virtual power plants to utility companies and grid operators.
As battery owners and operators seek to maximise the returns from their assets, they simultaneously face the Herculean challenge of managing degradation.
Make no mistake – headlines in the mainstream press this week around Australia, climate change and energy are not positive. But enthusiasm at state level, where arguably politicians have closer relationships with their constituents, appears to run counter to apathy or even obstructionism from the top.
European energy company Vattenfall is combining a 22MW wind power plant with 38MW of solar PV at a hybrid project in the Netherlands, integrating the capacity with 12MWh of batteries from carmaker BMW.
Battery storage assets were called into action last week after the UK suffered country-wide power outages following a transmission system stress event.
Georgia Power is set to boost its state’s battery energy storage sector, with the company’s plan to own and operate 80MW of battery energy storage unanimously approved by the Georgia Public Service Commission (PSC).