Utility Scale Storage Battery Investments
The Technology, Challenges and Business Case
February 7-8, 2017 | San Francisco, CA
The concept of storage batteries is not new to the electric power industry. However, the universal application of utility scale storage batteries as an integral component of the U.S. electric power industry transmission and distribution systems is quite new. Currently, the battery technology is on advancement trajectory with the expectation of higher energy density and lower cost. As a result, the U.S. regulators and public utility commissioners are mandating use of storage batteries and the electric utilities are gradually learning how to integrate storage batteries in their power grids. In parallel, the investment and finance communities do realize the potential growth of storage battery market. However, they have difficulty in making the economic case for such investments.
Arguably, the application of utility scale storage batteries is in its infancy. However, it has the potential to become an integral component of modern power grids thus creating huge investment opportunities for the utilities and private investors and even end-users.
The integration of a large number of intermittent and non-dispatchable renewable resources such as wind and solar power plants have created situations which are referred to as “Over- Generation”. That is, there is excess generation which cannot be used locally and due to lack of transmission capacity cannot be transferred to areas where load centers are located. In addition, rapid drop of generation during early afternoon as the solar plants reduce output has created a severe need for ramping capability. Further, the power production from wind and solar resources are not always coincident with demand. Therefore, the emerging power grids have a natural need for storing energy.
Storage technologies range from traditional pumped storage plants to the latest electro-chemical storage batteries and ultra-capacitors. The key storage battery attributes include high speed of response, controllability, modularity, scalability, expandability, flexibility and transportability. These are exactly the kind of attributes that the emerging power industry will need over the foreseeable future. In addition, recent advancements in material sciences include increases in energy density, reduction in size and space requirements and defect free battery manufacturing are expected to create viable economics for storage batteries. Further, advancements are being made in monitoring storage battery conditions, power electronics devices and controls, and smart bi-directional inverters. In an aggregate, advancement in storage battery technology and downward prices will create a very unique and natural position for storage batteries. Storage battery technology is therefore realistic, timely and achievable and can be made cost effective, thus becoming the obvious choice for storing energy for a stable electric and resilient power grid.
Similar to other new technologies there are challenges. The key challenge is creation of a compelling economic argument for battery storage. The economic argument and value proposition are challenged by the following:
- Cost of battery cells
- Cost of interconnection
- Cost of network upgrade and balance of the system
- Life expectancy, number of charge cycles
- Operation and maintenance costs
- The revenue stream – Power purchase agreements or PPAs
This seminar provides an overview and guided tour of proven battery technologies from different manufacturers, challenges of interconnection, investment requirements, typical storage battery power purchase agreements, settlement equations and investment guidelines. The seminar materials provide valuable information on a full spectrum of applications for utilities, regulatory agencies, project developers, private investors, finance firms, wholesale market participants, and owners of existing wind and solar power plants.
Attendees will be provided with a copy of the presentations and other reference materials
This seminar concentrates both on technical issues and finance issues. An electrical engineering degree is not required to attend this seminar.
Attendees will gain hands-on and practical skills in the following areas:
- The 21st century electric power grid
- The emerging role of storage batteries
- Storage battery applications in solving electric utility issues
- Applications of storage batteries for renewable resources
- Overview of battery technologies by different manufacturers
- Storage battery costs
- Storage battery study process
- Electric utility performance requirements
- Investments in utility scale storage plants
- Storage battery power purchase agreements (PPA)
- Criteria in storage battery RFOs
- Storage battery interconnection process
EUCI has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET). In obtaining this accreditation, EUCI has demonstrated that it complies with the ANSI/IACET Standard which is recognized internationally as a standard of good practice. As a result of their Authorized Provider status, EUCI is authorized to offer IACET CEUs for its programs that qualify under the ANSI/IACET Standard.
EUCI is authorized by IACET to offer 1.0 CEUs for this event.
Requirements for Successful Completion of Program
Participants must sign in/out each day and be in attendance for the entirety of the conference to be eligible for continuing education credit.
PowerPoint presentations will be used in this event.
Tuesday, February 7, 2017
8:30 – 9:30 a.m. :: Registration, Continental Breakfast and Welcome
10:45 – 11:00 a.m. :: Morning Break
12.00 – 1.00 p.m. :: Group Luncheon
3:00 – 3:15 p.m. :: Afternoon Break
Wednesday, February 8, 2017
8:30 – 9:00 a.m. :: Continental Breakfast
11:00 – 11:15 a.m. :: Morning Break
12:00 p.m. :: Conference Adjourns
Virgil Beaston, Chief Technology Officer, Powin Energy
Bud Collins, CEO, NEC Energy
Dr. Eddie Dehdashti, Principal, Power Applications and Research Systems, Inc.
Kevin Fok, Senior Project Manager, LG Chemicals. Troy Michigan
Marie Fontenot, Manager, Competitive Solicitations, PG&E Energy Policy and Procurements
Michael Grunow, Vice President of Marketing, ViZn Energy, Inc.
Joe Heinzmann, Account Manager, General Electric
Maud Texier, Senior Product Manager, Tesla Energy
Christina Yagjian, Principal, Renewable Transactions, PG&E Energy Policy and Procurements
Mitsuaki Yasuoka, Manager, TEPCO U.S.
San Francisco Marriott Fisherman’s Wharf
1250 Columbus Ave
San Francisco, CA 94133
To reserve your room, please call 1-415-775-7555
Please indicate that you are with the EUCI group to receive the group rate.
You can use this link to book online
The room rate is $219.00 single or double plus applicable taxes.
Room Block Dates:
A room block has been reserved for the nights of February 6 – 7, 2017.
Rate Available Until:
Make your reservations prior to January 16, 2017. There are a limited number of rooms available at the conference rate. Please make your reservations early.
|Proceedings package||US $ 295.00|