Energy storage project management plan

What is a CO2 energy storage project?

The project plans to store excess energy from the grid that can be deployed when needed, taking excess energy from the grid and converting the CO2 gas into a compressed liquid form, which reduces the typical complexity and costs associated with storage.

What is energy storage?

Basics of Energy Storage Energy storage refers to resources which can serve as both electrical load by consuming power while charging and electrical generation by releasing power while discharging. Energy storage comes in a variety of forms, including mechanical (e.g., pumped hydro), thermal (e.g., ice/water), and electrochemical (e.g., batteries).

What are the benefits of energy storage?

By serving as both generation and load, energy storage can provide benefits to both consumers and the grid as a whole. For most commercial customers, the primary energy storage applications are: Depending on the local utility, some ESSs can also generate revenue by providing services to the larger grid.

Who should oversee energy storage projects?

A qualified professional engineer or firm should always be contracted to oversee any energy storage project. This report was prepared as an account of work sponsored by an agency of the United States Government.

Where can energy storage be procured?

Energy storage can be procured directly from “upstream” technology providers, or from “downstream” integration and service companies (FIGURE 2) Error! Reference source not found.. Upstream companies provide the storage technology, power conversion system, thermal management system, and associated software.

What is a recommended project plan?

The recommended project plan supported the utility’s incremental addition of battery storage in five stages over ten years. The project was designed to support adjustments in both the size and timing of the future battery storage additions to perfectly match the actual growth.