Energy storage
P&Q is implementing an innovative contract for the construction of a 2MW photovoltaic farm cooperating with an energy storage. An interesting aspect of the project is the implementation of the proprietary control and monitoring system “ETA” concentrating the object data, enabling data analysis, control and optimization of energy management.
In connection with our implementation, we would like to present the topic of energy storage from the technical, economic, legal and legislative side.
What are energy storage?
Energy storage - role in the energy of the future.
The energy sector is moving towards decentralization, digitization as well as further expansion of low-carbon energy sources, therefore the use of energy storage on a large scale over the coming years is inevitable.
The power industry of the future opens the way for many industries, and one of them is certainly the IT industry. Widespread automation, digitization, popularization of artificial intelligence and machine learning algorithms allow for the creation of intelligent power networks in which, due to the significant decentralization of generating units – mainly due to renewable energy sources – energy storage (both industrial and prosumer ones) will play one of the key roles . The above-mentioned solutions will allow the creation of control systems balancing the grid operation, adjusting the energy demand to the supply, optimizing the operation of renewable energy sources – and thus new opportunities will be introduced in the context of decarbonisation.
The use of energy storage will find ever better economic justification. Electricity prices are rising steadily and battery costs are falling. Additional legislation, which will be gradually implemented, will facilitate the development of this sector.
