May 22, 2024, 13:00 CEST – ISGAN Virtual Learning and SINNOGENES project invite you to an insightful webinar on the role of storage technologies in the future power system
Key messages
• Renewables and storage (should) ‘go together’, because both support decarbonisation in a complementary way in all sectors. Once you favour/support the one you should do the same for the other in order to support the decarbonisation target.
• Digitalization and business models are two important pillar that can foster storage wide integration into the grid.
• Development and integration of an optimization tool for the definition of an optimal energy supply system based on renewable sources as well as its operation for the decarbonization of the industrial process.
• Data-driven modelling combined with physics-based modelling and parallelization techniques to reduce computational efforts.
• Development of an optimal scheduling tool for multi-technology storage systems, including lithium-ion (Li-ion) and vanadium redox flow batteries (VRFB), based on a mixed integer linear problem (MILP);
• Development of a linear model for the VRFB that captures the fundamental dynamics of its operation for usage in a MILP;
• Integration of the Rainflow Counting Algorithm (RCA) in a MILP to estimate the degradation of a storage system online and consider its inherent cost in the objective function.
• Inclusion of the possibility of participating in day-ahead flexibility markets in the basic MILP, through the definition of operation bands shaped by the storage activity
• Integrating electric grids with gas and heat networks will provide greater flexibility in resource management and enable synergistic opportunities for combined storage solutions.
• Incorporating cutting-edge monitoring and control technologies into current grid is essential for achieving optimal energy management and accomplishing decarbonization targets.
• The implementation of rapid-response energy storage prototypes is crucial to ensure the resilience and stabilization of the current grid infrastructure.
