Serving the energy industry for over 30 years
By - Jon Brown

Long Duration Energy Storage: The Economic Case and the Technologies
July 9, 2020 | Online :: Central Time

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Overview

Interest in long duration energy storage is rising rapidly as the growth of variable output renewables continues and issues with grid stability & efficiency become more tangible for grid operators. Long duration energy storage is expected to be increasingly necessary for an electricity system to transition from a primary reliance on conventional fossil fuel generation to a grid dominated by variable renewable generation such as solar and wind. This type of storage provides the necessary flexibility to manage dynamic resources effectively. Demand for long duration storage will continue to increase around the world as prices continue to decline and more ambitious targets for greenhouse gas reduction are implemented.

This course explores the growing need for long duration energy storage as well as the challenge of value stacking and gaining market share when competing with lithium ion. Specific technologies covered in the course include pumped storage, cryogenic, elevated weights, advanced rail, compressed air, flow & zinc batteries, thermal and hydrogen. The course also examines projected outcomes within the coming decade.

Learning Outcomes

  • Discuss the growing need for long duration energy storage to accommodate the growing increase of renewable generation on the grid
  • Review the recent evolution of the grid
  • Review services for energy storage including grid balancing and capacity
  • Discuss the challenges of value stacking and gaining market share when competing with lithium ion
  • Identify the various long duration storage technologies including flow batteries, advanced rail and hydrogen
  • Discuss the projected outcomes in the coming years and the general issues that will need to be resolved
  • Examine the future outlook and next steps

Credits

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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 0.7 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.

Instructional Methods

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

Agenda

Thursday, July 9, 2020

8:45 – 9:oo a.m. :: Login

9:00 a.m. – 4:30 p.m. Central Time :: Course Timing

12:00 – 12:35 p.m. :: Lunch Break


The growing need for long duration storage

  • The recent evolution of the grid
    • Growth of renewables
    • Characteristics of renewables
    • Regulatory environment (specific support for longer-duration storage)
  • Services energy storage
    • Grid balancing
    • Capacity
    • Energy arbitrage
    • Short-term renewables firming
    • Infrastructure deferral/replacement
    • Longer-term renewables firming/back-up
    • Seasonal storage

The challenge of value stacking and gaining market share when competing with lithium ion

  • Lithium ion experience curve
  • Growth of lithium ion storage projects
  • Evolving lithium technologies
  • Investment risks inherent to new technologies

Long-duration technologies

  • Pumped storage
    • Technology description
    • Open loop vs closed loop
    • Current installed capacity 
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • Use cases and recent projects
    • Overall outlook
  • Cryogenic (liquid air)
    • Technology description and leading companies
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • First use cases
    • Future outlook and challenges to be resolved to scale applications
  • Elevated weights
    • Technology description and leading companies
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • Status of use cases
    • Future outlook and challenges to be resolved to scale application
  • Advanced rail
    • Technology description and leading companies
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • Future outlook and challenges to be resolved
  • Compressed air – existing geological formations
    • Technology description and leading companies
    • History – Huntorf, Germany; MacIntosh AL
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • Use cases, recent projects
    • Future outlook and challenges to be resolved
  • Compressed air – new structures
    • Technology description and leading companies
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • Use cases, recent projects
    • Future outlook and challenges to be resolved to scale applications
  • Flow batteries
    • Technology description and leading companies
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • Use cases, recent projects
    • Future outlook, recent bankruptcies, and challenges to be resolved
  • Thermal (ice)
    • Technology description and leading companies
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • Use cases, recent projects
    • Future outlook and challenges to be resolved
  • Thermal (hot rock)
    • Technology description and leading companies
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • Use cases, recent projects
    • Future outlook and challenges to be resolved
  • Zinc air batteries
    • Technology description and leading companies
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • Use cases, recent projects
    • Future outlook and challenges to be resolved
  • Hydrogen
    • Technology description and leading companies
    • Services provided
    • Round trip efficiencies
    • Environmental and siting issues
    • Construction lead times
    • Costs
    • Use cases, recent projects and announcements
    • Future outlook and challenges to be resolved

Projected outcomes within the coming decade and general issues to be resolved

Instructor

Peter Kelly-Detwiler, Principal, NorthBridge Partners

Peter Kelly-Detwiler currently advises technology companies and customers concerning the integration of energy-consuming and producing assets into the power grid. He has 25 years of experience in the electric energy industry, with 15 years as an executive in competitive retail markets, since their inception in 1997. He served in various functions within the industry, including as Director of Customer Care (East Coast) for NewEnergy Ventures. Prior to NorthBridge, he was Sr. Vice President of Constellation Energy’s Load Response group. In this function, he created this unit and oversaw its growth to become a business with approximately $80 million in revenue, capable of dispatching 1700 MW of customer load. At Constellation, Mr. Kelly-Detwiler was the go-to person to teach new hires the Energy 101 class, explaining restructured markets and the employees’ role within that context.

Online Delivery

Our courses are designed to be the best possible use of your valuable time – get the information you need to improve your position in the market in an interactive, dynamic format.

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.

  • 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.

Register

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 registrants for three business days after the event

Event Standard RateAttendees
Proceedings package US $ 195.00

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