What are energy storage assets?

From flashlights to uninterrupted power supplies, energy storage assets have a long history of supporting critical infrastructure and services during times of natural disaster.

What are energy storage technologies?

Energy storage technologies have the unique capabilities to keep the lights on when the power grid is under stress. In both Texas and California, energy storage technologies have prevented black outs during significant heatwaves—keeping people safe, power affordable, and the power on for businesses.

Are energy storage systems transforming into active assets?

Rather than representing fixed costs, energy storage systems are transforming into active assets that can be used to create sustainable revenue streams.

Why do we need energy storage systems?

By providing power and lighting during large-scale weather events such as Superstorm Sandy and Hurricanes Irene and Katrina, energy storage systems of all shapes and sizes reduce the time it takes for first responders to begin recovery efforts.

What is energy storage?

It’s a new approach that enables energy storage—once a costly, passive (but necessary) disaster recovery asset—to emerge as a cost-effective, active participant that stands to make power systems and consumer services more resilient, more efficient, and more responsive to the need for a sustainable, readily-adaptable energy environment.

Will energy storage be a 'warehouse for electricity' in 2023?

In 2023, a first pilot storage system with 1 MW power and 1 MWh capacity will be connected to the power plant’s own demand grid for a two-year test run of the technology. After successful completion of the test period, a larger energy storage system with a capacity of 250 MWh could be built as a “warehouse for electricity” at the power plant site.