Energy Storage Technologies for the Smart Grid

See on Scoop.itGreen Energy Technologies & Development

Energy storage is a critical component of the future Smart Grid.

Duane Tilden‘s insight:

Peak Shaving

Peak shaving is another application of Smart Grid storage that witnesses rapid growth. Peak shaving represents the storage of energy generated or purchased in case of low demand time periods at lower prices, followed by the usage or selling of the stored energy at times of high prices and demand. Peak shaving is economically feasible if the cost of electrical grid storage is lower than that of local generation, which is the current peak shaving technique of choice for several industrial facilities.

 

Besides peak shaving, storage will also be the key for the efficient management of transmission capacity required for achieving global solar and wind energy goals. Energy storage will enable solar and wind power generators to supply electricity for maximum profit at peak usage periods and transfer the electricity to market through lower-capacity transmission lines. At present, sodium sulfur and lead-acid systems are widely used for peak shaving.

See on www.azom.com

Advertisements

One thought on “Energy Storage Technologies for the Smart Grid

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s