In recent years, bulk energy storage has been applied to electric power systems as an auxiliary device for the support of grid reliability via grid services. This approach is useful but only extracts value from storage on a marginal basis because grid services involve only a tiny fraction of the power flowing in a grid. While storage is flexible enough to perform many services, assessing its value on a stacked-services basis obscures its real value: storage is a buffer for electric energy flows. All of its capabilities stem from this one fundamental property. Limiting storage to use as an ancillary services device leaves this primary value untapped.
The real value of storage is as a means to provide a key characteristic missing from power grids: the ability to absorb stresses with little or no loss of performance – the essence of resilience. Storage applied systematically throughout the grid can provide the missing “shock absorber” springiness that the grid is missing. To provide this value, storage must be incorporated into the grid as core infrastructure and must be deeply integrated into grid operations. Doing so will provide far-reaching benefits to users of electricity at all levels, including vastly increased system resilience, expanded system operational flexibility, support for critical lifeline functions during critical events, and even improved cyber security.
Revised: August 5, 2020 |
Published: November 14, 2019