The 0.55 MW/2.2 MWh Elk Neck Battery Storage Pilot Program is intended to demonstrate the utility of distributed energy resources under real-world market conditions.
Interest in microgrids has been growing as the country and the world confront more frequent, extreme weather events and an increased urgency to consider alternative energy sources. Microgrids aren’t a new concept, but they’re fast gaining traction for a variety of organizations to address modern-day energy challenges.
As solar and storage technologies are deployed on the grid in record numbers, there’s no time like the present to take steps to prevent solar and storage from being vulnerable to cyberattack.
The Paris-based body expects the world will have installed almost 160 GW of solar this year, a record number, but still not enough to keep the prospect of a net zero global economy by mid century in sight.
The project is expected to evaluate time of use and real-time pricing signals, load shaping and shifting, and event-based demand response.
CBRE and Altus Power partnered to build the tool which analyzes data on more than 100 billion square feet of commercial and industrial space.
Reducing building energy usage by about 60% is key to a least-cost 100% renewable energy grid, the study found.
The battery, which uses an electrolyte to convert chemical energy into electricity for storage and deployment, will begin testing in 2022 at Duke Energy’s Emerging Technology and Innovation Center in Mount Holly, North Carolina.
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