VFBATTERY REPORT

Applications: Battery Energy Storage Systems (BESS)

Pages 137–173 (37 pages)

Battery Report 2024, page 147: Applications: Battery Energy Storage Systems (BESS)
Text on page 147

Summary Of BESS Use Cases

Ancillary Services: A range of services used to help maintain grid stability, such as frequency response. Renewables Integration: Helps ensure an efficient use of energy produced from renewables Grid Support: Managing transmission and distribution network constraints Resource Adequacy: Providing power capacity that can be deployed in peak demand periods to ease strain on grids Energy Arbitrage: Storing energy when prices are low and selling it when prices are high, maximizing profits

Source: Includes content from Roland Berger Distinguished Partner).

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BESS projects are versatile assets that can provide a vast array of uses to any power grid (“grid-followingˮ), or by generating their own grid (“grid-formingˮ) either to off-grid locations or to grid-connected locations choosing to island from the main grid. While BESS projects enable deeper penetration of renewable energy on a grid, there are five leading use-cases that account for most of the revenue earned by a project:

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Extracted from the PDF; charts and images may read imperfectly.

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