Battery Energy Storage for Frequency Regulation New ... 755 brochure.pdf · Battery Energy Storage...
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Battery Energy Storage for Frequency Regulation New regulation creates new opportunity Maintaining stable frequency on the grid is a critical challenge for the operators of electricity grids around the world. To better meet this challenge in the US, new regulation is being introduced by FERC01 that effectively rewards resources with superior performance capabilities – such as ABB’s fast-acting battery energy storage systems – for providing advanced frequency regulation services to system operators. Such regulation will lead to higher payments for fast-acting resources and help the system operator save money. Regulation evolving with new technology Frequency regulation resources that are being used today, such as steam or combustion turbines, are “ramp-limited re- sources” and are not able to quickly adjust their energy output according to the operator’s dispatch signal. This significantly limits the quality of service that these resources are able to provide. On the other hand, an ABB battery energy storage system effectively has an “infinite” ramp rate, giving it per- formance capabilities that are unachievable with traditional resources as shown in the figure above. Before the new regulation, payments for frequency regulati- on did not fairly compensate the inherently greater amount of regulation service that could be provided by fast-ramping resources, despite their performance advantages. However, Order 755 is now coming into effect across the independent system operators in the US and creating new business op- portunities for ABB battery energy storage systems to provide frequency regulation service at a greater value to both the system operator and the asset owner. Taking advantage of new regulation In response to this regulation change, several independent system operators have recently modified their tariff structures to include a two-part payment system that will, for the first time, compensate the performance advantages of fast-acting resources. This will allow the owners of battery energy storage systems to receive greater revenue, while also reducing the amount of frequency regulation the system operator must procure, thus saving them money. ABB Battery Energy Storage Response vs Turbine Response ABB battery energy storage system precisely followin Dispatch Signal Ramp- limited resource lagging Dispatch Signal Ramp- limited resource lagging Dispatch Signal Ramp-limited resource matching Dispatch Signal ABB Storage System Response Ramp-limited Resource Response Dispatch Signal -10 -8 -6 -4 -2 0 2 4 6 8 10 Output (MW) ABB battery energy storage systems differentiate themselves from other resources because they are able to precisely and reliably respond to the dispatch signal within milliseconds, allowing them to maximize the performance payment value. Capacity Payment Performance Payment Capacity Payment Performance Payment Higher revenue for providing better service Traditional Frequency Regulation Resource ABB Battery Energy Storage System Value ($ / MW / hr)
Transcript of Battery Energy Storage for Frequency Regulation New ... 755 brochure.pdf · Battery Energy Storage...
Battery Energy Storage for Frequency Regulation New regulation creates new opportunity
Maintaining stable frequency on the grid is a critical challenge for the operators of electricity grids around the world. To better meet this challenge in the US, new regulation is being introduced by FERC01 that effectively rewards resources with superior performance capabilities – such as ABB’s fast-acting battery energy storage systems – for providing advanced frequency regulation services to system operators. Such regulation will lead to higher payments for fast-acting resources and help the system operator save money.
Regulation evolving with new technology Frequency regulation resources that are being used today, such as steam or combustion turbines, are “ramp-limited re-sources” and are not able to quickly adjust their energy output according to the operator’s dispatch signal. This significantly limits the quality of service that these resources are able to provide. On the other hand, an ABB battery energy storage system effectively has an “infinite” ramp rate, giving it per-formance capabilities that are unachievable with traditional resources as shown in the figure above.
Before the new regulation, payments for frequency regulati-on did not fairly compensate the inherently greater amount of regulation service that could be provided by fast-ramping resources, despite their performance advantages. However, Order 755 is now coming into effect across the independent system operators in the US and creating new business op-portunities for ABB battery energy storage systems to provide frequency regulation service at a greater value to both the system operator and the asset owner.
Taking advantage of new regulation In response to this regulation change, several independent system operators have recently modified their tariff structures to include a two-part payment system that will, for the first time, compensate the performance advantages of fast-acting resources. This will allow the owners of battery energy storage systems to receive greater revenue, while also reducing the amount of frequency regulation the system operator must procure, thus saving them money.
ABB Battery Energy Storage Response vs Turbine Response
ABB battery energy storage systemprecisely followin Dispatch Signal
Ramp-limitedresource laggingDispatch Signal
Ramp-limitedresource laggingDispatch Signal
Ramp-limitedresource matchingDispatch Signal
ABB Storage System ResponseRamp-limited Resource ResponseDispatch Signal-10
-8
-6
-4
-2
0
2
4
6
8
10
Out
put
(MW
)
ABB battery energy storage systems differentiate themselves from other resources because they are able to precisely and reliably respond to the dispatch signal within milliseconds, allowing them to maximize the performance payment value.
CapacityPayment
PerformancePayment
CapacityPayment
PerformancePayment
Higher revenue forproviding better service
Traditional FrequencyRegulation Resource
ABB Battery EnergyStorage System
Value($ / MW / hr)
Doc
umen
t ID
ABB BESS Technology and Offering ABB has a long history of successful energy storage solutions including over a decade of expertise in implementing battery energy storage systems. This experience gives us the capability to develop and deliver the ideal battery energy storage system to meet all power requirements. ABB integrates batteries, power converters, and system control into a single solution that will allow generators to achieve increased sales potential.
ABB Mach 2 control system
Additionally, ABB is an industry leader with the individual core technologies of energy storage like converters and control systems ranging from tens of kilowatts to hundreds of megawatts. This expertise will be essential for maximizing the benefits of using battery energy storage to unlock reserve capacity.
Improving profitability in Chile ABB recently helped deliver a 20MW battery energy storage system to a thermal plant in Chile. The solution will enable the plant to generate more electricity that otherwise would have been occupied as spinning reserves. This additional generation will lead to increased sales for the plant and also provide extra power to an electricity-hungry region.
Inside the power control module provided by ABB in Chile With a 125 year heritage of technology and innovation and a presence in over 100 countries, ABB continues to shape the grid of the future, delivering power and productivity for a better world.
ABB Ltd P.O Box 8131 CH-8050 Zurich Switzerland Tel: +41 (0)43 317 71 11 Fax: +41 (0)43 317 79 58 More product information available at: http://www.abb.com/smartgrids
ABB BESS technology and offeringABB has a long history of successful energy storage solutions including over a decade of expertise in implementing battery energy storage systems. This experience gives us the capabi-lity to develop and deliver the ideal battery energy storage system to meet all power requirements. ABB integrates batte-ries, power converters, and system control into a single solution that provides highly reliable and accurate frequency regulation at much faster speeds than other technologies.
ABB Mach 2 control system
Additionally, ABB is an industry leader with the individual core technologies of energy storage like converters and control systems ranging from tens of kilowatts to hundreds of mega-watts. This expertise will be essential for maximizing revenues for frequency regulation as US markets continue to implement the new regulation.
ABB BESS Technology and Offering ABB has a long history of successful energy storage solutions including over a decade of expertise in implementing battery energy storage systems. This experience gives us the capability to develop and deliver the ideal battery energy storage system to meet all power requirements. ABB integrates batteries, power converters, and system control into a single solution that provides highly reliable and accurate frequency regulation at much faster speeds than other technologies.
ABB Mach 2 control system
Additionally, ABB is an industry leader with the individual core technologies of energy storage like converters and control systems ranging from tens of kilowatts to hundreds of megawatts. This expertise will be essential for maximizing revenues for frequency regulation as US markets continue to implement the new regulation.
Switzerland’s largest battery energy storage project ABB recently commissioned the largest battery energy storage project of its kind in Switzerland with EKZ, a leading distribution utility and one of the largest energy companies in Switzerland. This 1MW, 15-minute storage system utilizes ABB’s electric conversion system combined with Lithium-ion batteries to provide EKZ with many benefits including frequency regulation capabilities.
Switzerland’s largest battery energy storage project
With a 125 year heritage of technology and innovation and a presence in over 100 countries, ABB continues to shape the grid of the future, delivering power and productivity for a better world.
For more information please contact: ABB Ltd P.O Box 8131 CH-8050 Zurich Switzerland Tel: +41 (0)43 317 71 11 Fax: +41 (0)43 317 79 58 More product information available at: http://www.abb.com/smartgrids
Switzerland’s largest battery energy storage projectABB recently commissioned the largest battery energy storage project of its kind in Switzerland with EKZ, a leading distribution utility and one of the largest energy companies in Switzerland. This 1MW, 15-minute storage system utilizes ABB’s electric conversion system combined with Lithium-ion batteries to provide EKZ with many benefits including frequen-cy regulation capabilities.
ABB BESS Technology and Offering ABB has a long history of successful energy storage solutions including over a decade of expertise in implementing battery energy storage systems. This experience gives us the capability to develop and deliver the ideal battery energy storage system to meet all power requirements. ABB integrates batteries, power converters, and system control into a single solution that provides highly reliable and accurate frequency regulation at much faster speeds than other technologies.
ABB Mach 2 control system
Additionally, ABB is an industry leader with the individual core technologies of energy storage like converters and control systems ranging from tens of kilowatts to hundreds of megawatts. This expertise will be essential for maximizing revenues for frequency regulation as US markets continue to implement the new regulation.
Switzerland’s largest battery energy storage project ABB recently commissioned the largest battery energy storage project of its kind in Switzerland with EKZ, a leading distribution utility and one of the largest energy companies in Switzerland. This 1MW, 15-minute storage system utilizes ABB’s electric conversion system combined with Lithium-ion batteries to provide EKZ with many benefits including frequency regulation capabilities.
Switzerland’s largest battery energy storage project
With a 125 year heritage of technology and innovation and a presence in over 100 countries, ABB continues to shape the grid of the future, delivering power and productivity for a better world.
For more information please contact: ABB Ltd P.O Box 8131 CH-8050 Zurich Switzerland Tel: +41 (0)43 317 71 11 Fax: +41 (0)43 317 79 58 More product information available at: http://www.abb.com/smartgrids
Switzerland’s largest battery energy storage project
With a 125 year heritage of technology and innovation and a presence in over 100 countries, ABB continues to shape the grid of the future, delivering power and productivity for a better world.
For more information please contact:ABB LtdP.O Box 8131CH-8050 Zurich, SwitzerlandPhone: +41 (0)43 317 71 11Fax: +41 (0)43 317 79 58
http://www.abb.com/smartgrids
