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Ancillary services like frequency stabilization are the highest ROI application of batteries in the grid and nothing to sneeze at. Without batteries, transmissi
by paulsutter 8y ago
Ancillary services like frequency stabilization are the highest ROI application of batteries in the grid and nothing to sneeze at. Without batteries, transmission and especially distribution need to be sized to the highest momentary spikes in demand, and given the long lead time and high costs to upgrade these facilities, batteries are a great solution. They can respond instantly and solve the problem at a very low cost.
As for storing power overnight, batteries are on a similar manufacturing learning curve* as photovoltaic, albeit a few years behind. Most people thought PV could never be cost effective, until suddenly it was the cheapest. Batteries too will surprise the doubters. It's just a matter of time before batteries are more cost-effective than pumped hydro.
*Moore's law-style cost reductions were first observed in airplane manufacturing in 1936. Cost of manufacturing decreases with the volume produced:
http://www.uvm.edu/~pdodds/research/papers/others/1936/wright1936a.pdf http://www.uvm.edu/~pdodds/research/papers/others/1936/wrigh...
- ggm 8y agoThe particularly distorted quality of the Australian energy marketplace, distinct from all the other worldwide markets which I absolutely acknowledge are, in their own terms, equally distorted, but the quality here, is the drop in the FCAS service bid by 90%, for what we have to call better frequency stability: The battery responds faster, and there is significantly less visible perturbation to frequency stability, and it does it 9x cheaper than the prior market driven process. How good is that!