Energy Storage Sample Clauses

Energy Storage. If the Facility is to be equipped with battery storage or other energy storage device (the “Storage Resource”), the Storage Resource shall be identified in Exhibit 4 attached to this Agreement, which shall be subject to Buyer’s final approval. In all cases the Storage Resource must be charged solely by the Facility and the use of any Storage Resource shall be operated and equipped in accordance with the System Operator’s Energy Storage Protocol, a copy of which is attached hereto as Exhibit 10, as may be modified from time to time by the System Operator (the “Energy Storage Protocol”).
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Energy Storage. 101 If the Facility is to be equipped with battery storage or other energy storage device (the “Storage 102 Resource”), the Storage Resource shall be identified in this Agreement. In all cases the Storage 103 Resource must be charged solely by the Facility and the use of any Storage Resource shall be 104 operated and equipped in accordance with the system operator’s Energy Storage Protocol, a copy of 105 which is attached hereto as Exhibit A, as may be modified from time to time by the system operator 106 (the “Energy Storage Protocol”). 107
Energy Storage. It will be necessary to store electrical power for Chameleon Suit operation. As a minimum it will be necessary to provide electrical power to a vent flow circulation fan, sensors, active insulation, system control, monitoring and displays. The power requirement may be drastically changed by the need to power other systems such as an Assisted Mobility System or an Oxygen Recovery System or both. To meet the requirements of any possibility, both distributed and central power sources were investigated. A distributed power system is presumed to consist of a number of small cells or groups of cells to power adjacent or nearby devices. Each cell would be rechargeable from a central connection to preclude the confusing chore of replacing and keeping track of individual cells. A central power system is presumed to consist of a large battery or fuel cell. This configuration corresponds to the current EMU power configuration in which all systems are powered from a central rechargeable silver-zinc battery. The anticipated characteristics of each of these configurations and some likely associated loads are summarized on Table 7. Table 7. Distributed vs Central Power Considerations Distributed Power Source Central Power Source Characteristics Characteristics Small Large Flexible Rigid, Prismatic Small capacity Large capacity Low current draw High current draw Low voltage High voltage Higher cycle life ~ 1 cycle/EVA Loads Loads Sensors Fan or Pump Distributed Control Thermoelectric Heat Pump Thermoelectric Heat Pump Oxygen Recovery System Distributed Oxygen Recovery Centralized Computer Using distributed power sources rather than a central one has both advantages and disadvantages. One advantage to multiple distributed power sources is that the weight is evenly spread over the suit. Distributing power sources throughout the suit adds to the overall mobility of the wearer. The next advantage is that the power bus will need to carry smaller loads shorter distances, which allows for smaller conductors. Finally, a single failure in a source is no longer critical, since it only represents a small percentage of the total power available. Power can be re-routed to compensate for the failure. However, controlling the flow of energy in the suit is made more complicated by having a distributed network, and the benefit of less bulking wiring may be offset by the need for more routs to and from the power sources. Ancillary equipment is also more of an issue with distributed power s...
Energy Storage. Solutions Recent advances in Energy Storage Solutions12 makes this a sound option for future vessels with short cyclical loads. The energy needed in a peak can be supplied by an Energy Storage Solution (ESS) like a battery or capacitor. This ESS is charged when the load is low again. This is referred to as peak shaving. The factor driving the selection is the energy needed over time. For short periods of time a capacitor is more suitable. If more energy needs to be stored that is needed over a longer period a battery is the logical choice.
Energy Storage. Energy storage is becoming of increasing importance to balancing markets and will be decisive for the development of LFMs. Indeed, storage technologies will enable to quickly react to dropping frequency or voltage and are essential to maintain the equilibrium of a network and preserve its assets. Storage can also solve congestion issues and avoid curtailments by charging from the grid when there is excess electricity production and injecting it into the grid when cables are back to normal situation. SMILE deliverable D7.1 has already provided an in-depth analysis of the new legal regime adopted at EU level for the deployment of energy storage technologies. In essence, energy storage is now defined in article 2 (57) of the 2019 E-Directive. Articles 36 and 54 respectively prohibit DSOs and TSOs from owning and operating storage assets, except for a limited list of exemptions. Therefore, energy storage is considered as a market activity, to be owned and operated by other actors than network operators. Energy storage can be applied by several market parties, including small ones (i.e., active customers and citizen energy communities [112]), and provide a variety of services, such as flexibility services to DSOs or ancillary services (including balancing) to TSOs [113].
Energy Storage. Since presenting the SMILE deliverable D7.1 in 2019, UK legislation on electricity storage has not changed much [203]. Ofgem’s October 2020 decision on clarifying the regulatory framework for electricity storage has adopted the proposed power-to-power definition: “Electricity storage is the conversion of electrical energy into a form of energy which can be stored, the storing of that energy, and the subsequent reconversion of that energy back into electrical energy”[204]. Electricity storage is therefore now integrated into the generation licence and electricity storage operators need a licence and have to provide information regarding their facility to their supplier [205]. This definition of electricity storage has also been integrated into the Grid Code [206], but is still pending its inclusion in law, when Parliamentary time allows [207]. With regard to the use of storage for the provision of flexibility services, the new balancing market – DC market presented in section 4.1.1 above – proves to be very attractive for battery technologies [208]. The first procurement round initiated by XXXXX, led to BSPs securing the provision of DC services at “prices significantly higher than those accepted in other frequency response service auctions”. Two elements of this new market proved very favourable for the use of batteries: the tendering period and non-symmetricity. First, DC is tendered day-ahead, allowing BSPs “to take a view of alternative markets and opt in or out of them to maximise revenue”. In other words, battery operators can study the market conditions on the day before and choose to offer their services where it is most profitable, being on a balancing market or directly on the wholesale market. This is what happened in January 2021 in Great Britain where battery operators could switch to the wholesale market when prices reached high levels. Secondly, symmetricity is not required on the DC market, meaning that upward and downward power are procured separately, as indicated earlier in section
Energy Storage. Since the publication of SMILE deliverable D7.1, the legislation governing storage in Denmark has evolved [285]. By then it was not even mentioned. However, the 2019 E-Directive was transposed in Danish law at the end of 2020 and consequently introduced several new concepts and definitions, including on energy storage (Energilagring)[286]. The Danish definition is similar to the EU one. Specific grid connection rules also apply to storage and are set by Energinet [287]. In terms of policy, the main documents presenting the pathway to 2050 do not rely on local energy storage through batteries but on hydropower pumping stations in Norway and Sweden and to some extent on EVs’ smart charging [288]. Yet, the 2019 NECP refers various times to energy storage, stating as an objective to “support structures that favour […] energy storage markets”[289]. In addition, the Danish Government established a fund supporting development and demonstration projects on energy storage. These funds have been granted to two Power-to-X projects producing and storing green hydrogen in December 2019 [290]. Aside from the legal and policy aspects, energy storage needs a business case. According to a recent report, the Danish FCR balancing market offers “a positive business case for Lithium-Ion batteries in 2025” in both DK 1 and 2 [291]. Aside from the balancing services, most of the other services that can be offered by batteries are not remunerated, save for black start and independent-supply, as detailed in SMILE deliverable D7.3 [292]. Yet, electricity storage is already recognised as a good method for providing voltage regulation, especially at medium to low level networks [293]. Energy storage through batteries should also become more economically interesting with the new hourly electricity price structure mentioned in section 4.2.2.1 above [294]. To allow for an accelerated development and use of energy storage and especially batteries in Denmark, recent literature provides relevant recommendations. Indeed, given the expected growth in electricity production from wind energy, “a significant growth within various energy storage solutions is forecasted in Denmark” in order to provide both upward and downward regulation [295]. To do so, the legal framework must ensure that “the pricing signal is attractive for flexibility resources”, that the stacking of revenues for battery storage is authorised and that flexibility markets reduce the product requirements’ duration to one hour o...
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Energy Storage. The Portuguese NECP refers to energy storage as it states that the country will “continue to focus on reversible pumping systems in hydroelectric plants and to try and develop other technological solutions, which include using battery and hydrogen technologies”[373]. This objective corresponds to the aim to “[c]reate a legal framework that makes it possible to promote the implementation of different forms of storage systems, particularly for the electricity sector” by 2020-2021 [374]. In addition, network planning instruments must consider the need to realise investments to facilitate the integration of a greater share of electricity from RESs and of storage assets [375]. However, on the topic of the non-discriminatory participation of technologies and activities such as storage in all energy markets, the document specifies: “not applicable”[ 376 ]. All in all, the Portuguese energy policy explicitly considers hydro pumping as the main storage technology to be developed. Electricity storage through batteries may be developed, but this is considered as a secondary option. The Portuguese legal framework does not contain a definition of energy storage, given that the 2019 E-Directive has not yet been fully transposed in Portuguese law. However, in 2019, DL 76/2019 modified the aforementioned DL 172/2006 and integrated a reference to storage (Armazenamento) in its scope [377]. The new version of DL 172/2006 also requires a storage license for standalone storage installations [378]. DL 162/2019 implementing the 2018 RES-Directive entered into force and regulates individual and collective self-consumption, as discussed in SMILE deliverable D7.3 [379]. Hence, self- consumers and renewable energy communities are allowed to own and operate storage installations. It is to be noted that DL 162/2019 also defines the concept of stored energy (Energia armazenada) as the electrical energy accumulated in energy storage assets, including EVs when connected to bidirectional charging stations [380]. Although this definition does not replace the required definition on energy storage, it sets the conditions for the use of EVs as storage providers, in a country that has already developed a solid legal framework on EV charging [381]. Finally, ERSE recently approved a new regulation on self-consumption and as part of this refers numerous times to electricity storage, which is explicitly considered as part of the self-consumption process [382]. Article 53 of the regulation also re...
Energy Storage. In recognition of emerging storage technologies and opportunities that will continue to evolve throughout the Delivery Term, the Parties may cooperate to evaluate the potential use or incorporation of any such storage technologies into the Facility, including with respect to timing and scheduling of deliveries of Energy. If the Parties determine it is appropriate to incorporate storage technologies into the Facility, the Parties must mutually agree on amendments to this Agreement, if any, to address the addition of such storage technologies.
Energy Storage. ZBB Version 3 Zinc Bromide Flow Battery / 50kWh Current Design
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