Dissecting the Silver Bullet: Key Considerations in Energy Storage Hybrid Projects

Presentation Description: Energy storage is likely to be included regularly in new solar and wind projects entering construction in the coming months, with market projections showing at least threefold growth in installed storage capacity in 2021. The benefits of doing so range widely-from addressing unfavorable grid curtailment and nodal pricing to providing added revenue streams from merchant services. In Natural Power's experience, if you have seen one battery system, you have seen one battery system. In this presentation, we will present a series of case studies illustrating common approaches to hybrid projects, such as adding energy storage to existing solar facilities, using energy storage in a shared facilities arrangement with neighboring wind projects, and co-locating community solar and energy storage to provide grid support benefits. Through these case studies, attendees will gain a better understanding of the potential pitfalls of energy storage, exploring topics such as developing fire safety requirements, degradation rates and capacity guarantees, and how to effectively site hybrid storage projects.