— Energy storage solutions Value proposition and applications
Applications
Value propositions
- Facilitate integration of renewables - Leverage time of day generation pricing - Support EV penetration with smart charging management and synchronization - Increase distributed generation - Provide back-up functionality to ensure power availability in case of grid outage - Reduce dependency on diesel generators and CO2 emissions - Generate revenue through participation in wholesale energy markets - Optimize electricity consumption to reduce electricity bill
– Energy shifting – Peak shaving – Frequency regulation, reserve and response
– Capacity firming – Spinning reserve
May also be referred to as: – Synchronized charging for e-mobility – Renewable's integration – Voltage control – Islanding – Black start – Synthetic inertia dynamic response – Forming a microgrid
- Defer investment for grid upgrades - Ensure reliable operation of the grid - Provide power quality support
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