Electric energy storage tools

What is electrical energy storage (EES)?

Electrical Energy Storage, EES, is one of the key technologies in the areas covered by the IEC. EES techniques have shown unique capabilities in coping with some critical characteristics of electricity, for example hourly variations in demand and price.

What is a battery storage evaluation tool?

These tools serve the energy storage market, which is expected to grow rapidly. The Battery Storage Evaluation Tool is a computer model that simulates the use of an energy storage system to meet multiple objectives. An energy storage device can be charged and discharged in different ways over time.

Can software tools be used for valuing energy storage?

Taking advantages of the knowledge established in the academic literature and the expertise from the field, there are efforts from multiple parties (e.g., national laboratories, utilities, and system integrators) in developing software tools that can be used for valuing energy storage.

What are energy storage systems?

Energy storage systems (ESSs), with the ability to alternatively charge and discharge energy, can provide a wide range of grid services [2, 3 ••] to tackle the above challenges. There are several ways to categorize these services. A common method is based on the time scale of the charge/discharge cycle.

What is the optimal sizing tool for battery storage in grid applications?

The Optimal Sizing Tool for Battery Storage in Grid Applications looks at energy storage systems on the consumer side. It determines the benefits of placing a battery storage system behind-the-meter, that is, on the consumer’s property, rather than as part of the electric grid/utility.

Why is electricity storage important?

In the electricity market, global and continuing goals are CO 2 reduction and more effi cient and reliable electricity supply and use. The IEC is convinced that electrical energy storage will be indispensable to reaching these public policy goals.