Energy Storage Fundamentals

July 8-9, 2024 | Online :: Central Time

0624-energy-storage-fundamentals

“Great fundamentals course. Covered tons of battery/storage topics that all apply to our green energy future.” Professional Engineer, QUES

Energy storage is now considered a mainstream technology on the power grid.   In North America, particularly, energy storage systems (ESS) address multiple conditions across the power grid and use cases are abounding – both for utility-scale and behind-the-meter applications.  Storage is versatile, deployed in multiple contexts:

• as a peaking resource
• to firm renewable energy power resources
• to support grid stability
• to complement transmission infrastructure

This course will give a thorough overview of ESS – including definitions, technologies, applications and business models – with a special emphasis on batteries (BESS).  It will address the important relationship between a variety of storage media and their interaction with other resources on the grid as the power grid evolves, including:

• Pricing and regulatory issues that impact how storage is deployed
• How battery storage is providing services into wholesale power markets
• How it is being used as a tool for utility system management
• Increasing adoption by end use customer
• State-of-the art concepts and challenges in utilizing and optimizing battery and energy storage

Take advantage of our special group discounts starting at 20% off for teams of five or more!

Learning Outcomes

• Review the history of the electric utility industry’s engagement with energy storage
• Identify the various storage technologies, performance and cost issues related to each battery storage medium
• Assess the methods of storage deployment to date, including managing peak demand, frequency regulation, demand response, demand management, renewables firming, hybrid generation, arbitrage, and infrastructure support
• Discuss the issues related to dominant lithium-ion technologies, including cost curves, supply chain efficiencies, and potentially constraining limitations on cobalt
• Examine best methods for implementing battery storage as a useful resource in utility portfolio planning, with specific reference to various utility projects
• Highlight competitive market issues related to each storage technology and prospects for future growth with an emphasis on batteries, particularly as they relate to western markets
• Evaluate dominant and emerging use cases

Monday, July 8, 2024 : Central Time

 

9:00 – 9:20 a.m.  :: Overview & Introductions

9:20 – 10:45 a.m. :: Overview of Energy Storage to Date, Applications, and Its Growing Role on the Grid Today

• Scope and energy storage definition
• Caveats and due diligence
• History of grid management
• Why energy storage?
• History of storage
• Growing renewable energy generation incorporation of storage
• Why storage will be required with intermittent renewables by 2035
• Understanding the current mix of storage

10:45 – 11:00 a.m. :: Morning Break

11:00 a.m. – 12:30 p.m. :: Types of Energy Storage

• Short and medium duration
  • Lithium-ion batteries (multiple chemistries)
  • Flywheels
• Long duration
  • Pumped storage
  • Compressed air and CO² energy
  • Batteries (non-Li-Ion)
  • Hydrogen & eFuels
  • Gravity-based
  • Thermal
• Supercapacitors
• Cost factors

12:30 – 1:15 p.m. :: Lunch Break

1:15 – 3:00 p.m. :: How Batteries Work – the Basics

• Electrochemical cell and components
• Examples
  • Non-flow batteries
  • Flow batteries
  • Hybrid battery, both types
• Technical fundamentals – how each energy storage technology works
• Understanding their potentials, limitations, and promising applications
• Charging speeds, depth of discharge limitations, cycle lives
• Integration to form battery energy storage systems

Cost and Performance Characteristics of Energy Storage Technologies

• Costs and performance – current status and projections for key technologies
  • Balance of system costs
  • The importance and role of storage-related software
• Market dynamics and competitive positioning – why lithium-ion is winning

3:00 – 3:15 p.m. :: Afternoon Break

3:15 – 4:45 p.m. :: Li-Ion Batteries (LIBs): The Primary Technology on the Grid Today

• Characteristics
  • Multiple chemistries
  • Cost and volume trends
  • Impact of EVs

4:45 p.m. :: Course Adjourns for Day

Tuesday, July 9, 2024 : Central Time

 

9:00 – 10:45 a.m. :: Lithium-Ion Batteries (LIBs): The Primary Technology on the Grid Today (Continued)

• Benefits (use cases) of energy storage (not exhaustive list) and the concept of value stacking
  • Grid reliability – frequency/voltage regulation
  • Black start capability
  • Transmission/distribution deferral
  • Peak management
  • Renewables firming and ramping management/regulation
  • Hybrid fossil generation (batteries combined with aeroderivative engines)
  • Self-storage
  • Distributed energy resource (DER)
  • Demand charge management
  • Time of use bill management, energy arbitrage
  • Managed EV charging

10:45 – 11:00 a.m. :: Morning Break

11:00 a.m. – 12:15 p.m. :: Battery Safety Issues

• Level Setting Battery Fire Risks
• Battery Hazards
• Battery Failure and Thermal Runaway
• Characterizing Failures
• Handling Battery Fires
• New materials for safer Li-ion cells
• Safety / Reliability Engineering in Battery Systems
  • Impact of scale on safety
  • Probabilistic risk assessment
  • Failure Modes and Effects Analysis
• Systems theoretic accident model and processes
• Energy Storage Safety Standards

12:15 – 1:00 p.m. :: Lunch Break

1:00 – 2:30 p.m. :: Energy Storage Policy

• Level-setting regulation of the U.S. electric utility industry
• General discussion of state-level U.S. energy storage policy – current status
• Policy assessments & trends
• FERC Orders 841 and 2222 and their implications for distribution utilities and state regulators
• Tariffs and customs
• Inflation Reduction Act (IRA)
• Supply chain

2:30 – 2:45 p.m. :: Afternoon Break

2:45 – 4:30 p.m. :: End-of-Life Disposition

• Charging lifecycles for main lithium battery chemistries
• Repurposing used EV batteries in secondary applications
• Recycling of spent batteries (existing and future models; value of waste streams)

Energy Storage Technologies & Applications: Where the Future Is Going

• Future technological development
  • Energy storage technologies to pursue instead of LIBs
  • Long duration energy storage (LDES)
  • Hydrogen and movements toward zero carbon
  • All solid-state batteries
• Ongoing energy market disruptions and projections for future storage deployments
• Optimizing storage as a resource in the short- and long-term
• Opportunities and risks – how to move forward

4:30 p.m. :: Course Adjournment

Rishi Iyengar is a Senior Consultant at management consultancy Roland Berger LP. Since 2021, he has supported numerous engagements with utilities and investors across energy transition topics, including energy storage, renewables, EV charging and hydrogen. Mr. Iyengar has also supported the Lazard Levelized Cost of Storage (now part of LCOE+) market study over the past three years. Prior to that, he served in various capacities at Madison Energy Investments, IHS Markit, and ICF. Mr. Iyengar earned a Bachelor of Science degree in Finance at the University of Maryland and an MBA from Columbia Business School.

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Benjamin Lowe is a Principal at management consultancy Roland Berger LP.  In his role at the firm, he advises utilities, OEMs, developers and investors on the implications of the energy transition, focusing on current and emerging storage technologies. Among his other work, Mr. Lowe has been the principal investigator for Lazard’s Levelized Cost of Storage (now part of LCOE+) over the past seven years. He has worked in the electric power sector for more than 20 years in a number of roles, including as director of policy and market development at Alevo USA, as strategic planning manager at Duke Energy and as an electric industry reporter for the Philadelphia Inquirer.  Mr. Lowe earned his MBA from Northwestern University’s Kellogg School of Management and a BA in Economics-Political Science from Columbia University.

We will be using Microsoft Teams to facilitate your participation in the upcoming event. You do not need to have an existing Teams account in order to participate in the broadcast – the course will play in your browser and you will have the option of using a microphone to speak with the room and ask questions, or type any questions in via the chat window and our on-site representative will relay your question to the instructor.

• Microsoft recommends downloading and installing the Teams app if possible. You may also use the Edge browser or Chrome.
• You will receive a separate email with a unique link to a personalized landing page which will include links to join all sessions of this event.
• If you are using a microphone, please ensure that it is muted until such time as you need to ask a question.
• The remote meeting connection will be open approximately 30 minutes before the start of the course. We encourage you to connect as early as possible in case you experience any unforeseen problems.

Please Note: This event is being conducted entirely online. All attendees will connect and attend from their computer, one connection per purchase. For details please see our FAQ

If you are unable to attend at the scheduled date and time, we make recordings available to all attendees for 7 days after the event

REGISTER NOW FOR THIS EVENT:

Energy Storage Fundamentals

July 8-9, 2024 | Online

Your registration may be transferred to a member of your organization up to 24 hours in advance of the event. Cancellations must be received on or before May 24, 2024 in order to be refunded and will be subject to a US $195.00 processing fee per registrant. No refunds will be made after this date. Cancellations received after this date will create a credit of the tuition (less processing fee) good toward any other EUCI event. This credit will be good for six months from the cancellation date. In the event of non-attendance, all registration fees will be forfeited. In case of conference cancellation, EUCIs liability is limited to refund of the event registration fee only. For more information regarding administrative policies, such as complaints and refunds, please contact our offices at 303-770-8800

Credits

EUCI is accredited by the International Accreditors for Continuing Education and Training (IACET) and offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard. IACET is recognized internationally as a standard development organization and accrediting body that promotes quality of continuing education and training.

EUCI is authorized by IACET to offer 1.2 CEUs for this event

Requirements For Successful Completion Of Program

Participants must log in and be in attendance for the entirety of the conference to be eligible for continuing education credit.

Instructional Methods

Case studies and PowerPoint presentations will be used in this program.

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Upon successful completion of this event, program participants interested in receiving CPE credits will receive a certificate of completion.

Course CPE Credits: 14.5
There is no prerequisite for this Course.
Program field of study: Specialized Knowledge
Program Level: Basic
Delivery Method: Group Internet Based
Advanced Preparation: None

EUCI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org

 

Who Should Attend

Individuals working in the following areas will benefit from attending this event:

• Distributed level renewable energy project developers
• Grid level renewable energy project developers
• Utility management
• Technical staff
• Regulators
• RTOs/ISOs
• Consultants
• Equipment manufacturers
• Renewable systems
• Solicitation / Procurement staff
• Resource Planning staff
• Transmission staff
• Distribution staff
• Regulatory staff
• Storage vendors