Division of work within the energy storage project unit

What is new energy storage?

New energy storage refers to electricity storage processes that use electrochemical, compressed air, flywheel and supercapacitor systems but not pumped hydro, which uses water stored behind dams to generate electricity when needed.

What is the advancing contracting in Energy Storage Working Group?

The Advancing Contracting in Energy Storage (ACES) Working Group is an independent industry led and funded effort founded to develop a best practice guide for the energy storage project development community.

What will Shanghai's energy-storage project do?

Zhuang Mudi, deputy secretary-general of the Shanghai municipal government, said the project will help drive the development of the new energy-storage industry, as well as the green and low-carbon transformation of Shanghai.

What is shared electrical energy storage (SES) & shared thermal energy storage?

To mend the research gap, two CHP-SES system modes and design procedures, namely shared electrical energy storage (SEES), and shared thermal energy storage (STES), are proposed. These systems store distributed green power curtailments during the charging process and convert them to available power or heat during the discharging process.

What is the best practice guide for energy storage projects?

This Best Practice Guide covers eight key aspect areas of an energy storage project proposal. This Guide documents the industry expertise of leading firms, covering the different project components to help reduce the internal cost of project development and financing for both project developers and investors.

Can shared electrical energy storage and shared thermal energy storage be used in CHP-SES?

Therefore, this paper proposes two CHP-SES design modes involving shared electrical energy storage and shared thermal energy storage, including three system configurations to store distributed green power curtailments during charging processes and convert them to available power or heat during discharging processes.