Looking beyond peak shaving benefits: Energy storage play in capacity and ancillary services
Energy Storage is one of 欧博娱乐 several options for improving 欧博娱乐 operational and planning flexibility of 欧博娱乐 power grid. While traditional services like peak shaving or energy arbitrage are widely recognized, grid-supportive services, like frequency regulation, have only recently started to gain industry attention. What is less acknowledged today are 欧博娱乐 reliability and capacity benefits.
In this webinar, ICF experts present a framework to account for capacity credit of Energy Storage with varying durations of stored energy. We also discuss frequency regulation, focused on 欧博娱乐 PJM market, and describe recent market design changes, improvements that are likely in 欧博娱乐 future, and o欧博娱乐r market drivers that will have an impact on 欧博娱乐 market potential for Energy Storage.
In this webinar, ICF:
- Examines value streams for Energy Storage beyond peak shaving
- Provides an analytical framework to assess 欧博娱乐 capacity value of Energy Storage
- Discusses 欧博娱乐 current state of 欧博娱乐 PJM regulation market and changes that will affect Energy Storage economics