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Artificial intelligence and battery energy storage systems are two "revolutionary elements" that change the energy world.ups battery

2021-12-24

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  Artificial intelligence and battery energy storage systems are two "revolutionary elements" that change the energy world

  The supply and use of electricity are matched in real time, but without energy storage systems and advanced software solutions, it is difficult to achieve this.

  Guggenheim Securities, the investment banking and capital market business unit of Guggenheim Partners, a global investment and advisory service organization, recently held an energy storage conference on the Internet. Several industry representatives shared the above views. They are all in energy storage systems and transaction management software. Have professional knowledge.

  

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  (Habitat Energy optimizes large-scale battery energy storage systems through software and manual intervention)

  Larsh Johnson, chief technology officer of Stem, a distributed energy storage developer, said that scalable energy storage solutions are a new basic technology in the power sector. He said that transaction management software allows lithium-ion battery energy storage systems to respond quickly and flexibly and adapt to changing market conditions. At the same time, as more and more wind power and solar power are added to the grid, this needs to be integrated and balanced.

  Real-time power supply and matching cannot always rely on power suppliers. He compared this dilemma with the dilemma faced by online retail giant Amazon when it launched its Amazon Prime Plus subscription model.

  He said that Amazon has solved this problem through a large number of software. The software uses artificial intelligence (AI) technology to predict the future needs and behavior of customers, and at the same time predict the retailer's own supply and delivery capabilities, thereby ensuring market inventory and on-time delivery. Johnson said, "This is the same as directing resources to the real-time electricity market."

  Energy storage systems can provide solutions to some of the problems faced by the power grid, allowing flexible handling of energy when needed. Not only that, the management software is also adaptable. Since the useful life of these energy assets may be as long as decades, and relevant government policies may also change, trading software can also assist these rules.

  Habitat Energy is a provider of software optimization support in markets such as the United Kingdom, Australia and Texas, mainly for customers of energy storage systems and renewable energy assets. The company's founder Ben Irons pointed out that in the past, energy storage systems had very few arbitrage trading opportunities, and now this has completely changed this. Even five years ago, there was no such thing as a lithium-ion battery energy storage system that could store power assets at a reasonable price and in an efficient manner.

  Irons said, "Pumped storage power generation facilities have some arbitrage capabilities, but not many, and it does not have the capabilities of lithium-ion battery energy storage systems."

  He pointed out that the battery energy storage system is one of the two "revolutionary elements" that change the energy world, and the other element is software. Software can not only effectively manage the battery energy storage system, but also make all resources more efficient.

  Despite the limitations of software, artificial intelligence can only make decisions and predictions based on what has been seen in history and the content of available data, but the more data points available, the better artificial intelligence can make these predictions.

  Kolin Loveless, director of energy storage and renewable energy optimization at Ascend Analytics, said that as more and more data points adopt algorithms and artificial intelligence technology, software can enable battery energy storage systems to perform the highest-value applications. It can simultaneously evaluate the health status, charging status and other indicators of the battery energy storage system, which is a balanced behavior that humans cannot achieve.

  At the same time, Loveless said that as grid volatility continues to increase, the market is gradually opening up to smaller energy assets. It is impractical to spend time trading so many assets, but software can achieve this.

  

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  Lithium-ion battery (LIB) has become the main energy storage solution in modern social life. Among them, lithium iron phosphate batteries are a perfect replacement for lead-acid batteries, and they are the first choice for grid-connected peak shaving, off-grid energy storage, photovoltaic energy storage, UPS, data center and other industries.

  Solar power generation system with lithium battery energy storage system is a very promising clean energy.


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