Stimulus-Funded Grid Stabilization Projects to Use Giant Batteries
Katie Cordrey — August 11, 2010 — Eco
References: xcelenergy & news.cnet
A series of large-scale energy storage grid stabilization projects may help create an energy storage system to capture excess power and release it as needed thus moving utilities one step closer to a cleaner grid.
Spurred on by Xcel Energy's successful use of a huge battery to manage power fluctuations from wind power, the Department of Energy is allocating stimulus funds to assist with launching a number of energy storage-related grid stabilization projects in the hopes that practical solutions to alternative energy blocking problems will result.
Spurred on by Xcel Energy's successful use of a huge battery to manage power fluctuations from wind power, the Department of Energy is allocating stimulus funds to assist with launching a number of energy storage-related grid stabilization projects in the hopes that practical solutions to alternative energy blocking problems will result.
Trend Themes
1. Energy Storage - Using giant batteries for energy storage could revolutionize grid stabilization projects and propel the development of a cleaner grid.
2. Grid Stabilization - Focusing on energy storage projects to manage power fluctuations paves the way for a more stable and efficient electrical grid system.
3. Alternative Energy Solutions - Investing in energy storage-related grid stabilization projects facilitates the adoption of renewable energy sources by addressing blocking problems.
Industry Implications
1. Energy Storage - The energy storage industry stands to benefit from the increased funding and support for grid stabilization projects utilizing large-scale batteries.
2. Renewable Energy - The renewable energy industry can capitalize on the growth of energy storage solutions that enable the effective integration of alternative energy sources into the grid.
3. Utilities - Utilities can explore disruptive innovation opportunities by embracing energy storage and leveraging it for grid stabilization, enhancing the reliability and sustainability of their services.
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