Energy Storage Technologies andapplications

Similar documents
Energy Storage Technologies in Germany. Urban Windelen, BVES German Energy Storage Association Tunis, 24. Nov. 2015

Informationsreise Norwegen. A Collective View of the Storage Market

ESS in Germany Business Models and Regulatory Framework

Flexible Sector Coupling The Role of Energy Storage in Our Future Energy System

Energy Storage Systems

Utility Scale Energy Storage Systems

Energy Storage and the Built Environment. Steve Saunders Associate Director Arup t +44 (0)

Hydrogen: Bridging Electrical & Natural Gas Systems

SILYZER 200 (PEM electrolysis system)

Energy Storage. Prof Tony Day Executive Director

How to Specify Storage Systems Needed in Our Future Electric Grid

efuels aus der Sicht der Industrie Manfred Waidhas, Siemens AG, Hydrogen Solutions

Power-to-Gas Project Energiepark Mainz

Operational and Economical Experiences of the worldwide largest Power-to-Gas plant with PEM electrolysis

Christine Krüger Improvements of Electric and Thermal Energy Storage. LCS R Net 6 th Annual Meeting Rome, 1 st 2 nd October 2014

Electrical Storage A Survey about flexibility options

Power to Gas. Bedeutung und Wirtschaftlichkeit verschiedener Power to Gas Umwandlungsketten , DGMK, Hannover

Thermal energy storage in Scotland

Power to Gas Innovation for the Gas Infrastructure

Power to Gas in the Energy Transition

SECTION 1: GRID-CONNECTED ENERGY STORAGE. ESE 471 Energy Storage Systems

A spirit of innovation is in the air! Storing renewable energy using hydrogen

Smart Energy Storage Sytems for Integrating Renewable Energies.

Hydrogen storage & distribution

Hydrogen as fuel: Zero emission mobility, available today. Linde, Hydrogen mobility solutions Munich, June 2018

The Present and Future of Refrigeration, Power Generation and Energy Storage. R.Z. Wang Shanghai Jiao Tong University

Energy Storage Use Cases for Enhancing Grid Flexibility Presentation to SAPVIA Networking Event

Lecture 13 Distributed Generation Rev ME 430 Thermal Systems Design

Annex 28 Distributed Energy Storage for the Integration of Renewable Energies - DESIRE

STORAGE AS A PART OF VIRTUAL POWER PLANTS - EFFECT ON BUSINESS STRATEGIES Jan Schelling

Highview Enterprises Limited, Liquid Air Energy Storage (LAES): from Pilot Plant to Multi MW Demonstration Plant

Electricity Storage: A Key Component of Our Emerging Energy Future

Energy Storage. Storage Technologies as Future Pillar for the Energy Industry. Munich, 1 th December OMV Aktiengesellschaft

LIQUID AIR ENERGY STORAGE (LAES) Pumped Hydro Capability No Geographical Constraints


Technologie in ontwikkeling: warmteopslag, status nu en in de nabije toekomst

Technologies and Operational Concepts for Energy Storages

ENERGY STORAGE EXPLORING THE BUSINESS LINK OPPORTUNITY: TRANSMISSION & CLEAN ENERGY DEVELOPMENT IN THE WEST FEBRUARY

CAES fired Natural gas combus on (CO2 emissions) The heat produced during compression phase is dissipated (low compression-phase efficiency)

The Economics of Energy Storage: comparing technologies using real-world examples

Energy Storage Solutions Alstom Approach

Power-to-Gas energy storage is key to Germany s energy transition

The demand for energy storage in regenerative energy systems

Power to Gas: Hydrogen Enabled Storage & Grid Stabilization

Grid-Scale Energy Storage

Energiewende braucht keine Speicher? Restricted Siemens AG All rights reserved

Green Ammonia. November 2017 Ian Wilkinson

The Smart Grid - Constant Energy in a World of Constant Change. Smart Grids and Energy Storage - MicroGrids. Unrestricted

Power-to-Gas demonstration plant Ibbenbüren

Session V Market Driven ES Existing Business Cases give an Insight to their Revenue Streams. Business Cases for large Capacity Storage Projects

SUCCESSFUL IMPLEMENTATION OF POWER-TO-GAS IN EUROPE - A ROADMAP FOR FLANDERS

The role of green ammonia in decarbonising energy

Market models for storages in renewable energy networks

Scenario Development and Analysis of Hydrogen as a Large-Scale Energy Storage Medium

Characteristics and Applications of Energy Storage System to power network - A review

Power System Flexibility in the German and European Context

Lesson learned about the integration of large amount of volatile Renewable Energy Resources

The demand for energy storage in regenerative energy systems

ICEF INNOVATION ROADMAP PROJECT

Why Distributed Energy Systems Becoming More Popular in Remote Areas, City Districts and Industrial Facilities ACEF 2017, Decentralized Energy Systems

Contents. Acknowledgments...xi Preface... xiii

Strategies for integration of variable renewable generation in the Swiss electricity system

Annex 30 Thermal Energy Storage for Cost-Effective Energy Management and CO 2 Mitigation

IEA Energy Storage Technology Roadmap Launch

IEA Energy Storage Technology Roadmap Launch. Didier Houssin, Cecilia Tam and Melissa Lott International Energy Agency. 19 March 2014 Paris

Optimizing Clean Energy Systems with Thermal Energy Storage and/or Turbine Inlet Cooling

Green ammonia: the missing piece to enable hydrogen penetration?

Commercialisation of Energy Storage in Europe. Nikolaos Lymperopoulos, Project Manager

European Association for Storage of Energy

Renewables for Self-Supply - German and international experiences" Prof. Dr. Stefan Krauter 6 th of September 2016 Windhoek, Namibia

Comparing energy storage options for renewable energy integration

How energy storage solutions can help to stabilize the grid

Electricity-based fuels as a link between the electricity and transport sectors

A Power System Planner s Assessment of Energy Storage

Power to Gas within Uniper. Dr. Peter Klingenberger, Senior Advisor

ENERTRAG Hybrid Power Plant

Energiewende. Germany s energy system and the status of the energy transition. Sarina Keller. German Aerospace Center Sept 1st,

Hydrostor. Advanced Compressed Air Energy Storage (A-CAES)

Waste Heat Recovery for Fuel Cell Electric Vehicle with Thermochemical Energy Storage

Emerging Strategy in the UK Power Sector The Future of Energy Storage Technologies and Policy May, Nick Winser Executive Director UK

The value of an integrated Wind Power and Energy Storage solution. Turning excess energy into dispatchable power

Storage Technologies for Renewable Energy

Combination of wind solar plants and district heating power plants

Power-to-Gas. Rob Harvey Director, Energy Storage. IEA Hydrogen Technology Roadmap North American Workshop Bethesda, Maryland January 29, 2014

Power-to-Gas: A Promising Solution to Integrate Large Quantities of Fluctuating Renewable Power

Securing European Energy Supplies: Making the Right Choices

Workshop Grid plus Storage

Merit Order of Energy Storage in Germany by 2030

Current research topics Grid integration of renewable energy sources Evaluation of PV Power Plants Wind/Solar power forecasting

Kostadin Fikiin Technical University of Sofia (Bulgaria)

German Gas Industry in brief

Hydrogenics Selected References. Grid Balancing, Power to Gas (PtG)

Long Duration Storage for Baseload Wind! Eric Ingersoll! CEO, General Compression! January 21, 2011

The Project: Who? Why? What? Ludwig Karg B.A.U.M. Consult GmbH (Leadpartner)

Learning objectives and outcomes

Nuon Magnum as a super-battery Flexible power and storage from CO 2 neutral fuel

Key Compact Storage tanks

Energy Storage for Renewable Energy Policy Brief

Energy storage in intelligent energy networks

International Energy Agency. Energy Conservation through Energy Storage Programme

Transcription:

Energy Storage Technologies andapplications Allianz Global Corporate & Specialty SE Expert Days 2017 Green Energy November 2-3, 2017, The Charles Hotel, Munich Dr. Andreas Hauer Executive Board of Directors German Energy Storage Association (BVES)

The German Energy Storage Association(BVES) The BVES is the industrial association of German energy storage companies that is open to all technologies in the areas of electricity, heat and mobility. We are a dialogue partner for politics, administration, science and publicity. With targeted lobbying at the interfaces ofpoliticaldecision makingwearetrying to improvethegerman regulationandpolicyframework. In addition, the BVES monitors research and development activities and informs members of new results and developments.

Members (extract)

Content Basic Definitions Energy Storage - Technologies Energy Storage -Applications Energy Storage German Innovation Examples New Trends Technology Comparison (?) Economics Market Conclusions

Energy Storage Basic Definitions

Definitions Energy Storage What is energy storage? An energy storage system can take up energy and deliver it at a later point in time. The storage process itself consists of three stages: The charging, the storage and the discharging. After the discharging step the storage can be charged again. Charging Storage Discharging

Definitions Energy Storage What is actually stored? The form of energy (electricity, heat, cold, mechanical energy, chemical energy), which is taken up by an energy storage system, is usually the one, which is delivered. However, in many cases the charged type of energy has to be transformed for the storage (e.g. pumped hydro storage or batteries). It is re-transformed for the discharging. In some energy storage systems the transformed energy type is delivered (e.g. Power-to-Gas or Power-to-Heat). h

Definitions Energy Storage Relation between energy storage systems and their applications The technical and economical requirements for an energy storage system are determined by its actual application within the energy system. Therefore any evaluation and comparison of energy storage technologies is only possible with respect to this application. The application determines the technical requirements (e.g. type of energy, storage capacity, charging/discharging power, ) as well as the economical environment (e.g. expected pay-back time, price for delivered energy, ). Electrolysis Hydrogen

Matching Supply and Demand Constant Supply Fluctuating Supply

Difference between Power & Energy Storage of Power Storage of Energy Power Power Seconds -Minutes Hours Days e.g. Power Reserve e.g. Peak Shaving / Dispatchable Load

Energy Storage Technologies

Table of Energy Storage Technologies Storage technology Storage Mechanism Power Capacity Storage Period Density Efficiency Lifetime Cost MW MWh time kwh/ton kwh/m 3 % # cycles $/kw $/kwh /kwhdelivered Lithium Ion (Li Ion) Sodium Sulfur (NAS) battery Lead Acid battery Redox/Flow battery Compressed air energy storage (CAES) Pumped hydro energy storage (PHES) Electrochemical Electrochemical Electrochemical Electrochemical < 1,7 < 22 day - month 84-160 190-375 0,89-0,98 1-60 7-450 day 99-150 156-255 0,75-0,86 2960-5440 1620-4500 1230-3770 620-2760 17-102 260-2560 210-920 9-55 0.1-30 < 30 day - month 22-34 25-65 0,65-0,85 160-1060 350-850 130-1100 21-102 < 7 < 10 day - month 18-28 21-34 0,72-0,85 Mechanical 2-300 14-2050 day - Mechanical 450-2500 8000-190000 day - month 0,27 at 100m Hydrogen Chemical varies varies indefinite 34000 2-7 at 20-80 bar 0,4-0,75 0,27 at 100m 0,63-0,85 2,7-160 at 1-700 bar 1510-2780 8620-17100 12800-33000 650-2730 120-1600 5-88 15-2050 30-100 2-35 540-2790 40-160 0,1-18 0,22-0,50 1 384-1408 - 25-64 Methane Chemical varies varies indefinite 16000 10 at 1 bar 0,24-0,42 1 - - 16-44 Sensible storage - Water Thermal < 10 < 100 hour - year 10-50 < 60 0,5-0,9 ~5000-0,1-13 0,01 Phase change materials (PCM) Thermochemical storage (TCS) Thermal < 10 < 10 hour - week 50-150 < 120 0,75-0,9 ~5000-13 - 65 1,3-6 Thermal < 1 < 10 hour - week 120-250 120-250 0,8-1 ~3500-10 - 130 1-5

Energy Storage Technologies Electrical Energy Storage Thermal Energy Storage Chemical Energy Storage

Electrical Energy Storages Storage as Electrical Energy Super-conducting Magnetic Energy Storage (SMES) Super-Capacitor Storage as Electro-chemical Energy Storage as Mechanical Energy Lithium-Ion Battery Sodium-Sulfate Battery (NaS-Cells) Lead-Acid Battery Redox-Flow Battery Pumped Hydro Storage Compressed Air Energy Storage (CAES) Flywheel

Electrical Energy Storages Storage Period and Discharging Power Energy Management Bridging Power Power Quality C. Dötsch

Thermal Energy Storages Thermal Energy can be stored as sensible heat Hot Water Tank Underground Thermal Energy Storage (UTES) Thermal Energy can be stored as latent heat Macro- / Microencapsulated Phase Change Materials (PCM) Thermal Energy can be stored thermo-chemically Adsorption (Zeolite) andabsorption (LiCl) Storage ThermoChemical Materials (TCM)

Storage Capacity vs. Temperature 600 MgSO 4 * 6H 2 O Storage Capacity / (kwh/m³) 500 400 300 200 100 CaCl 2 *NH 3 Salt Hydrates Paraffines MgCl 2 * 6H 2 O NiCl 2 NH 3 Zeolith*H 2 O Silicagel*H 2 O Nitrates Sugar Alcohols 0 Water 0 25 50 75 100 125 150 175 200 Temperature / C

Chemical Energy Storage Energy Storage by Hydrogen Production and Storage Hydrogen is the most powerful fuel with regard to its mass Loss-free long-term storage possible Electricity production by fuel cells / H 2 turbines

Chemical Energy Storage Energy Storage by Methane Production and Storage Methane from Hydrogen (and CO 2 ) Efficiency >80 % (Sabatier-Process) Existing Infrastructure (natural gas) ZSW M. Sterner

Storage capacities in Germany 29 TWh/a Heat pump 2 GW lading 1800 h/a 3 TWh/a Thermal storage heaters Installed base 14 GW loading 1400 h/a 20 TWh/a 0,02 TWh/a 10.000 Cars 2 MWh/10.000 km 0,04 TWh/a 40 MW loading 1000 Jahresvollbenutzungsstuden 4 TWh/a 7 GW loading 600 a/year Domestic hot water cylinders 6 GW Loading ; 1000 h/a 6 TWh/a E-Mobillity Battery Pump storage Source: E-Mobilität: Berechnetauf Basis von 10.000 Fahrzeugen. Thermische Speicher: Fraunhofer IBP, Bericht ES-342 01/2012 und BWP-Branchenstudie Thermal energy storage solutions

Energy Storage Applications

Renewable Energies Integration of Renewable Electricity Grid Stability Frequency regulation Voltage support T&D congestion relief Black start Grid balancing Fast power reserve Peak shaving Self-consumption, Off-grid Demand Side Integration Dispatchable Load Power-to-Gas Power-to-Heat Integration of Renewable Thermal Energy Concentrated Solar Power Solar-thermal Process Heat Solar-thermal Heating & Cooling Energy Efficiency Industrial Processes Waste Heat Utlization Recuperation of Mech. Energy Buildings Heating & Cooling Day/Night-Balancing Summer/Winter-Balancing Electricity Production Fossil Thermal Power Plants Heat Utilization of CHP Mobility Propulsion Heating / Air Conditioning

Renewable Energies Integration of Renewable Electricity Grid Stability Frequency regulation Voltage support T&D congestion relief Black start Grid balancing Fast power reserve Peak shaving Self-consumption, Off-grid Demand Side Integration Dispatchable Load Power-to-Gas Power-to-Heat Integration of Renewable Thermal Energy Concentrated Solar Power Solar-thermal Process Heat Solar-thermal Heating & Cooling Energy Efficiency Industrial Processes Waste Heat Utlization Recuperation of Mech. Energy Buildings Heating & Cooling Day/Night-Balancing Summer/Winter-Balancing Electricity Production Fossil Thermal Power Plants Heat Utilization of CHP Mobility Propulsion Heating / Air Conditioning EES TES EES/TES/CES

Energy Storage German Innovation Examples

Schwerin Battery Park 5 MW/5 MWh Lithium-Ion Primary control Option to extend to 10 MW/10 MWh Commissioned: 06/2014 Batteries react accurate and fast to frequency changes Within the building 25.600 Lithium-Manganoxide cells are installed 5 medium voltage transformers are connecting the storage to the grid 5 MW battery power plant can replace a conventional 50 MW turbine due to its accurate control potential

Island Solution Smart Region Pellworm

Pilot Project Energiepark Mainz Pilot project for H2-elektrolysis and storage at Mainz, Germany Partner: Stadtwerke Mainz, Linde, Siemens and Hochschule RheinMain Siemens PEM elektrolyser peak power 6 MW Linde ionic compressor for flexible and energy efficienten operation H2 pressure storage ~1000 kg (~33 MWh) H2-Trailer filling station H2 feed-in into the natural gas network Electricity supply from different sources: Wind, power reserve, spot market Goals: Operation of local electricity grid Testing and operation experiences of components and system Intelligent controlling and market integration

Solar District Heat, Munich Storage Seasonal Storage (Summer/Winter) Hot Water Storage Volume 6.000 m³ Temperatures 10 C - 95 C System 13 Buildings 320 Appartements 30.400 m² (floor area) 2.900 m² Solar Collectors Absorption driven by District Heat ZAE Bayern

Mobile Heat Storage for Waste Heat Utilization Thermochemical heat storage (adsorption) Charging temperature up to 300 C Discharging temperature adjustable Waste heat from a waste incineration plant for an industrial drying process (distance 7km) Storage capacity 4 MWh, thermal power 0.5 MW ZAE Bayern ZAE Bayern

Flywheels for Energy Efficiency Properties: High speed rotor with max. 45.000 U/min. 1 flywheel 22 kw, up to 28 flywheels in one container Ideal cycle time some seconds to 30 minutes Subway Trains or Trams: Break energy can be recovered and used for other trains or stations electricity demand Storage for some minutes Avoiding voltage peaks by storage Example: Two breaking subway trains deliver electricity for one train to accelerate! Container Lifting By electrical motors (high power peaks) Storage at lowering for next lifting Electricity savings and reduction of power price

New Trends I: Energy Storage Aggregation

New trendin storage Combinationofapplications= multiusesolutions Districtstorage = optimizedown consumption+ primarycontrol+ +

New trendin storage Combinationofapplications= multiusesolutions Swarmstorage, Energy communities, Sharing communities, Blockchain

New Trends II: Flexible Sectorial Integration or Flexible Sector Coupling

Definition Sector Coupling Not only within the electricity, but also in the heating and mobility sector, fossile energy carriers shall be replaced by renewable sources. In this context sector coupling can help Electricity from renewables can be used to supply heat and cold as well as mobility... BMWI / https://www.bmwienergiewende.de/ewd/redaktion/newsletter/2016/14/meldung/direkt-erklaert.html Electricity Transformation h Energystorage Heat/Cold Mobility

Goal: Flexible Sector Coupling Power-to-Heat Electricity Power-to-Gas Power-to-Liquid Heat/Cold Thermal Energy Storage Inexpensive Storage Efficient Heat Supply Efficient Cold Supply Mobility Chemical Energy Storage High Energy Density Loss-free Long-term Storage Increasing Economical Value

Example: 10 MW Power-to-Heat Appliance of Stadtwerke Munich Technical parameters: Pressurised Heat Storage Max. Temperature: 170 C Capacitiy: 475 MWh Atmospheric Heat Storage Max. temperature: 95 C Capacity: 1400 MWh Atmospheric Heat Storage Pressurised Heat Storage

Example: Power-to-Fuel Power-to-Gas converting surplus energy into sustainable fuel PV or wind + CO2 from biogas plant + methanation plant = biomethane + green heat Conversion of 1 MWh electricity into 50 Nm3 of biomethane for grid injection

Technology Comparison (?)

Comparison of Energy Storage Technologies Storage technology Storage Mechanis m Power Capacity Storage Period Density Efficiency Lifetime Cost MW MWh time kwh/ton kwh/m 3 % # cycles $/kw $/kwh /kwhdelivere d Lithium Ion Electrochemical 5440 3770 2760 2960-1230 - 620 - < 1,7 < 22 day -month 84-160 190-375 0,89-0,98 (Li Ion) 17-102 Sodium Sulfur Electrochemical 4500 2560 920 1620-260 - 210-1 -60 7-450 day 99-150 156-255 0,75-0,86 (NAS) battery 9-55 Lead Acid Electrochemical 30 1060 850 1100 0.1-160 - 350-130 - < 30 day -month 22-34 25-65 0,65-0,85 battery 21-102 Redox/Flow Electrochemical 2780 2730 1600 1510-650 - 120 - < 7 < 10 day -month 18-28 21-34 0,72-0,85 battery 5-88 Compressed air 2-7 at 8620-15 - energy storage Mechanical 2-300 14-2050 day - 0,4-0,75 20-80 bar 17100 2050 (CAES) 30-100 2-35 Pumped hydro 450-8000 - 0,27 at 0,27 at 12800-540 - energy storage Mechanical day -month 0,63-0,85 40-160 0,1-18 2500 190000 100m 100m 33000 2790 (PHES) Comparison of storage technologies is difficult. 2,7-160 at 384 - Hydrogen Chemical varies varies indefinite 34000 0,22-0,50 1-25 -64 1-700 bar 1408 There is a strong influence of the actual application on Methane Chemical varies varies indefinite 16000 10 at 1 bar 0,24-0,42 1 - - 16-44 Sensible storage - Water Phase change materials (PCM) Thermochemic al storage (TCS) the storage properties! Thermal < 10 < 100 hour - year 10-50 < 60 0,5-0,9 ~5000-0,1-13 0,01 Thermal < 10 < 10 hour - week 50-150 < 120 0,75-0,9 ~5000-13 - 65 1,3-6 Thermal < 1 < 10 hour - week 120-250 120-250 0,8-1 ~3500-10 - 130 1-5

Application: Long Term Storage Storage technology Lithium Ion (Li Ion) Sodium Sulfur (NAS) battery Lead Acid battery Redox/Flow battery Compressed air energy storage (CAES) Pumped hydro energy storage (PHES) Storage Mechanis m Electrochemical Electrochemical Electrochemical Electrochemical Power Capacity Storage Period Density Efficiency Lifetime Cost MW MWh time kwh/ton kwh/m 3 % # cycles $/kw $/kwh < 1,7 < 22 day - month 84-160 190-375 0,89-0,98 1-60 7-450 day 99-150 156-255 0,75-0,86 0.1-30 < 30 day - month 22-34 25-65 0,65-0,85 < 7 < 10 day - month 18-28 21-34 0,72-0,85 Mechanical 2-300 14-2050 day - Mechanical 450-2500 8000-190000 day - month 0,27 at 100m Hydrogen Chemical varies varies indefinite 34000 2-7 at 20-80 bar 0,27 at 100m 2,7-160 at 1-700 bar 0,4-0,75 0,63-0,85 2960-5440 1620-4500 160-1060 1510-2780 8620-17100 12800-33000 0,22-0,50 1 1230-3770 260-2560 350-850 650-2730 15-2050 540-2790 384-1408 620-2760 210-920 130-1100 120-1600 /kwhdelivere d 17-102 9-55 21-102 5-88 30-100 2-35 40-160 0,1-18 - 25-64 Methane Chemical varies varies indefinite 16000 10 at 1 bar 0,24-0,42 1 - - 16-44 Sensible storage - Water Thermal < 10 < 100 hour - year 10-50 < 60 0,5-0,9 ~5000-0,1-13 0,01 Phase change materials (PCM) Thermochemic al storage (TCS) Thermal < 10 < 10 hour - week 50-150 < 120 0,75-0,9 ~5000-13 - 65 1,3-6 Thermal < 1 < 10 hour - week 120-250 120-250 0,8-1 ~3500-10 - 130 1-5

Application: Long Term Storage Hydrogen: Total: ~ 62% Efficiency: Electrolysis Compression Transport Storage U. Stimming, TUM ~ 85 % ~ 90 % ~ 90 % ~ 90 % Fuel: Overall Efficiency 60 % Electricity: Overall Efficiency 30 % Heating: Overall Efficiency 60 %

Application: Long Term Storage Hot Water: Total ~ 225 % Efficiency: Heat Pump ~ 300 % Storage ~ 75 % ZAE Bayern Fuel: not possible! Electricity: not possible! Heating: Overall Efficiency 225 %

Comparison of Energy Storage Technologies Important: Look at the whole efficiency chain! Take the value of the stored energy ( exergy!) into account! Take the final energy demand into account! Also Power-to-Heat / Power-to-Cold is an option! Try to identify the most suitable technology for the application!

Energy Storage Economics

Economics Economics of an energy storage system depend on investment cost of the energy storage system number of storage cycles (per time), which limits the delivered amount of energy Spending = Investment Cost ZAE Bayern Charging St. 100.000 Storage 100.000 Discharg. St. 50.000 Total Cost 250.000 Earning = delivered Energy = Storage Cycles 4 MWh per cycle, charge/discharge power 1 MW, 2 cycles per day, 1 MWh = 50 700 x 200 = 140.000 /Jahr

Economics Economics of an energy storage system depend on investment cost of the energy storage system number of storage cycles (per time), which limits the delivered amount of energy price of the replaced energy (electricity, heat/cold, fuel, ) Benefit-Stacking 10.000 /kwh 250 /kwh ZAE Bayern 100 /kwh ZAE Bayern 2,0 /kwh

Energy Storage Market

Energy Storage Systems are clean! Energy storage systems used for the integration of renewables or the increase of energy efficiency deliver CO 2 -neutral energy to their customers. Rising prices for CO 2 certificates would support the economics of energy storage! e.g. power reserve

Fair Market Entry! No subsidies & no market-entry-programme needed! As soon as flexibility will be adequately remunerated, energy storage systems are competitive! Energy storage systems are no final consumer and do not have to pay the related fees! Japan: Ice storage for air conditioning due to high electricity prices in peak hours

Conclusions

Conclusions Energy Storage Process = Charging + Storage + Discharging Energy storage can match supply & demand Energy storage systems can either focus on the storage of energy or power The economics depend on the investment cost, the cycle number in an actual application (per time) and the price of the replaced energy Energy storage systems will have an increasing market share, if their benefits will be adequately remunerated

Conclusions A large number of different energy storage technologies is available or subject to R&D at the moment A large number of different applications of energy storage will come up in our future energy systems Energy storage technologies can only be evaluated and compared -technically and economically -within an actual application The final energy demand and the overall efficiency of the energy storage system has to be taken into account, when assigning storage technologies to storage applications

ThankYouverymuchforyour attention!