Energy Storage Fundamentals

March 8-9, 2023 | Online :: Central Time

0323-energy-storage-fundamentals

Energy storage is a technology whose time has finally arrived in many markets across the globe. Implementations are increasing, with storage addressing multiple problems and opportunities across the power grid, and use cases are abounding – both for utility-scale and behind-the-meter applications.  Storage is versatile, deployed in multiple contexts:

• as a peaking resource
• to firm up renewables projects
• to support electric vehicle charging
• to help end-use customers minimize exposure to costs

This course will give a thorough overview of battery storage, including definitions, technologies, applications and business models.  It will address the important relationship between a variety of storage media and their interaction with other resources on the grid as the power grid evolves. Content will also include the pricing and regulatory issues that impact how storage is deployed.  In addition, the program will look at how battery storage is providing services into wholesale power markets, how it is being used as a tool for utility system management, and how it is being utilized by end-use customers.  Finally, the program will address state-of-the art concepts, and challenges for the energy industry to successfully utilize and optimize battery and energy storage as part of their energy portfolio and resource mix.

Learning Outcomes

• Review the history of the electric utility industry’s engagement with energy storage to date
• Identify the various storage technologies, and the performance and cost issues related to each battery storage medium
• Review methods of storage deployment to date, including managing peak demand, frequency regulation, demand response, demand management, renewables firming, hybrid generation, arbitrage, and infrastructure support
• Review statistics on energy storage in today’s market and future projections
• Discuss the issues related to dominant lithium-ion technologies, including cost curves, supply chain efficiencies, and potentially constraining limitations on cobalt
• Examine best methods for implementing battery storage as a useful resource in utility portfolio planning, with specific reference to various utility projects
• Highlight competitive market issues related to each storage technology and prospects for future growth with an emphasis on batteries, particularly as they relate to western markets
• Understand emerging use cases, with an emphasis on deployments in western states
• Review platforms used to help aggregate and integrate battery storage into the grid

Wednesday, March 8, 2023 : Central Time

 

9:00 – 9:20 a.m.  :: Overview & Introductions

9:20 a.m. – 12:30 p.m. :: The Big Picture: Energy Storage to Date, Applications, and Its Growing Role on the Grid Today

• Scope and energy storage definition
• Caveats and due diligence
• History of grid management
• Why energy storage?
• Growing renewable fraction of energy generation
• Types of energy storage
  • Pumped storage
    • Traditional
    • New
  • Compressed air energy
    • Traditional
    • New
  • Compressed CO2 energy
  • Flywheels
  • Supercapacitors
  • Liquid air
  • Thermal
  • Advanced lead acid
  • Flow batteries
  • Lithium-ion batteries (multiple chemistries)
  • Other batteries
    • Hydrogen
    • Renewable fuel cells (chemical storage)

• Introduction to batteries, a tutorial
  • Electrochemical cell and components
  • Examples
  • Non-flow batteries
  • Flow batteries
  • Hybrid battery, both types
  • Integration to form battery energy storage systems

12:30 – 1:15 p.m. :: Lunch Break

 1:15 – 4:45 p.m. :: The Big Picture: Energy Storage to Date, Applications, and Its Growing Role on the Grid Today (cont’d)

• Lithium battery (LIBs)
  • Multiple chemistries
  • Cost and volume trends
  • Impact of EVs
  • Supply chain issues
    • 2 US firms bucking this trend in LFP
  • Safety issues
    • If you must use LIBs, some safety guidelines beyond the standards
  • Stationery energy storage systems recommendation
• Benefits (use cases) of energy storage (not exhaustive list) and the concept of value stacking
  • Grid reliability – frequency/voltage regulation
  • Black start capability
  • Transmission/distribution deferral
  • Peak management
  • Renewables firming and ramping management/regulation
  • Hybrid fossil generation (batteries combined with aeroderivative engines)
  • Self-storage
  • Distributed energy resource (DER)
  • Demand charge management
  • Time of use bill management, energy arbitrage
  • Managed EV charging

4:45 p.m. :: Course Adjourns for Day

Thursday, March 9, 2023 : Central Time

 

9:00 – 10:30 a.m. :: Energy Storage Technologies: Cost and Performance

• Technical fundamentals – how each energy storage technology works
• Understanding their potentials, limitations, and promising applications
• Charging speeds, depth of discharge limitations, cycle lives
• Costs and performance – current status and projections for key technologies
  • Balance of system costs
  • The importance and role of storage-related software
• Market dynamics and competitive positioning – why lithium-ion is winning

10:30 – 10:45 a.m. :: Morning Break

10:45 a.m. – 12:30 p.m. :: Valuing Storage as a Resource in Utility Portfolio Planning

• Determining optimal levels and values for storage applications as the grid evolves
• CA “duck curve”
• Discussing how the grid will evolve – especially renewables – and why the need for storage will increase
• Power system planning requirements for achieving successful integration of energy storage
• Megawatt-hours (MWh) vs. megawatts (MW) – optimal energy to capacity ratios
• Battery energy storage as compared to end-use customer demand-side management
• Best planning practices for grid operations and utilities to accommodate storage into the grid

12:30 – 1:15 p.m. :: Lunch Break

1:15 – 3:00 p.m. :: Related, But Miscellaneous, Topics

• Solar AC vs. DC coupling
• Storage and microgrids
• The role of storage in the era of the smart grid
• Community solar
• Virtual energy storage
• EV to grid
• Valley of Death – many ES companies have fallen in the recent past

End-of-Life Disposition

• Charging lifecycles for main lithium battery chemistries
• Re-purposing used EV batteries in secondary applications
• Recycling of spent batteries (existing and future models; value of waste streams)

3:00 – 3:15 p.m. :: Afternoon Break

3:15 – 4:45 p.m. :: Energy Storage Technologies & Applications: Where the Future Is Going

• Future technological development
  • Energy storage technologies to pursue instead of LIBs
  • Long duration energy storage
  • Hydrogen and movements toward zero carbon
  • All solid-state batteries
• Ongoing energy market disruptions and projections for future storage deployments
• Optimizing storage as a resource in the short- and long-term
• Opportunities and risks – how to move forward

4:45 p.m. :: Course Adjournment

Thomas Hickman, Principal Consultant, GreeNRG

Thomas Hickman is Principal Consultant for GreeNRG, a firm he established in 2017 that provides lead engineering services in solar and energy storage.  He is an energy industry veteran with some 45 years of professional experience, which includes advanced energy systems and microgrid, solar and energy storage systems, electric grid, electric vehicles, and systems engineering.  He has worked on energy systems from 12 VDC to 512 kVAC for utility, commercial, remote, satellite, aerospace and government organizations, including APS and Idaho National Laboratory.  Mr. Hickman earned a bachelor’s degree in electrical engineering at the University of Cincinnati and a master’s degree in computer science at the University of Santa Clara.

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

• IMPORTANT NOTE: After November 30 you will not be able to join a Teams meeting using Internet Explorer 11. Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
• You will receive a meeting invitation will include a link to join the meeting.
• Separate meeting invitations will be sent for the morning and afternoon sessions of the course.
  • You will need to join the appropriate meeting at the appropriate time.
• If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
• The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all attendees for 7 days after the event

REGISTER NOW FOR THIS EVENT:

Energy Storage Fundamentals

March 8-9, 2023 | Online

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before February 03, 2023 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

Credits

EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

EUCI is authorized by IACET to offer 1.3 CEUs for this event

Requirements For Successful Completion Of Program

Participants must log in and be in attendance for the entirety of the conference to be eligible for continuing education credit.

Instructional Methods

Case studies and PowerPoint presentations will be used in this program.

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Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 15.0
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

EUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

 

Who Should Attend

Individuals working in the following areas will benefit from attending this event:

• Distributed level renewable energy project developers
• Grid level renewable energy project developers
• Utility management
• Technical staff
• Regulators
• RTOs/ISOs
• Consultants
• Equipment manufacturers
• Renewable systems
• Solicitation / Procurement staff
• Resource Planning staff
• Transmission staff
• Distribution staff
• Regulatory staff
• Storage vendors