HOW CAN WE POWER OUR HOUSES AND BUSINESSES WHEN NEITHER WIND NOR SUNLIGHT IS PRESENT?
Introduction
The rise of renewable energy sources and the global trend toward energy efficiency has increased interest in energy storage technologies, notably Battery Energy Storage Systems (BESS).
The transition to renewable energy has shown specific difficulties.
How can we power our houses and businesses when neither wind nor sunlight is present?
Battery Energy Storage Systems (BESS) is a potential option, and they permit renewable energy to be stored and provided to the grid effectively. This helps optimize energy output to the grid and enables renewable energy projects to produce electricity during peak and off-peak hours, stabilizing the distribution network.
This article will help comprehend these systems and the advantages of employing them.
WHY IS BATTERY STORAGE ESSENTIAL, AND WHAT ARE ITS BENEFITS?
A battery energy storage system (BESS) is a complicated system that utilizes rechargeable batteries to store energy for later release. Its usage will expand as solar and wind power grow.
The industry is undergoing rapid development and growth.
The type of battery used in systems may be based on lithium-ion, lead-acid, nickel-cadmium, sodium-sulfur, or flow batteries.
Both household and commercial/industrial sectors are now installing systems.
In a commercial setting, the systems are used for so-called “Peak Shaving” this is the process of storing energy when it is the cheapest and using the Battery Energy Storage Systems to provide energy at times when the prices are high. Another use is “Load shifting,” which uses the energy from the network when the prices are low and lets the BESS system be charged by Solar or wind energy.
Most residential energy storage systems store energy from a solar system to reduce energy costs. There is no need for a solar system to profit from battery storage. A battery storage system that charges purely from the grid can be utilized as a backup power source and to shift your energy use to less expensive times of the day. However, combining solar with your battery might bring additional benefits, such as longer-lasting backup power and cost savings.
In both industrial and residential applications, the system can function as an emergency backup system, and it opens the possibility of implementing a microgrid.
MARKET DEMAND
Greater storage capacity and fast-falling prices drive a global increase in demand for battery storage systems. Bloomberg NEF projects that by 2030, the worldwide market for lithium-ion (Li-ion) battery capacity will climb to 9,300 gigawatt-hours (GWh), more than ten times the present demand.
The adoption of Battery Energy Storage Systems is primarily driven by two metrics: cost and efficiency. Li-ion batteries are in the lead due to their large capacity, comparatively low cost, efficient storage, and extended lifespans. According to Bloomberg NEF, Li-ion battery pack prices reached an all-time low of $132/kWh in 2021, a decrease of over 90 percent from 2010. (average prices could rise to $135 per kilowatt-hour in 2022)
REGULATIONS
Rapid advancements in battery storage technology and broad use of these systems will unavoidably create new obstacles. Typically, insurers utilize previous loss and performance data to determine the likelihood of losses. However, the relative lack of standardization and the introduction of pioneering and emerging Battery Energy Storage Systems technologies confront insurers with numerous unknowns, making it challenging to stay up to date.
As new products increase in capacity, technology continues to progress, and worldwide demand soars, the insurance sector is in a perpetual state of learning.
In recent years, the rapid increase in demand has increased awareness of possible dangers, some of which have resulted in costly insurance claims. Insurers are especially concerned about battery fires, thermal runaways, contractor mistakes, and mechanical breakdowns. There have been over 25 Li-Ion BESS fire incidents across the globe.
As the sector continues to expand, regulatory structures must adjust. A rising number of rules have been created to assure safety and a degree of standardization in the installation and operation of BESS. Still, they must keep pace with technological advancements in the sector to avoid stifling development and innovation via over-regulation.
BATTERY ENERGY STORAGE SYSTEMS TYPES AND ALTERNATIVES
Energy storage systems that utilize batteries are one of the fastest-growing technologies in the sustainable energy sector. The widespread acceptance of energy storage devices as practical means of decreasing dependency on fossil fuels and sometimes unreliable electricity suppliers is now widespread. Utilizing a battery energy storage system is optimal for capitalizing on renewable energy sources, such as Solar and wind power.
All BESS utilize batteries, although not identical types. Several battery types are used in battery storage systems, and new battery types are constantly being added to the market.
THESE ARE THE PRIMARY BATTERY TYPES UTILIZED IN BATTERY ENERGY STORAGE SYSTEMS:
• Ninety percent of the worldwide grid battery storage industry consists of lithium-ion (Li-ion) batteries
• Lead-acid batteries have a shorter lifespan than other battery types but are the most affordable.
• Redox flow batteries – chemical and oxidation processes store energy in liquid electrolyte solutions that flow through the battery
• Sodium-sulfur batteries – batteries must be kept heated, 572 to 662 degrees Fahrenheit
• Zinc-bromine batteries are hybrid redox flow batteries
A clear preference and usage of lithium-ion batteries as the most common type of battery used in energy storage systems.
ESSENTIAL COMPONENTS OF A BATTERY ENERGY STORAGE SYSTEMS
The most common system is the Li-Ion system, so I focus on its components.
The main parts of a Battery Energy Storage Systems Are:
- Battery
- Battery Management System (BMS)
- Power Conversion System (PCS)
- Energy Management System (EMS)
BMS
The Battery Management System (BMS) is a fundamental component of any Li-ion-based system and performs several vital duties. The leading function of the BMS is to safeguard the batteries. It accomplishes this by ensuring that the battery cells perform within their defined operating windows for charge level, voltage, current, and temperature. This is particularly crucial for Li-ion batteries with a high power density to prevent fires or explosions caused by thermal runaway and combustion.
The BMS continuously monitors vital battery bank information from individual cells, battery modules, and racks. This comprises recording essential electrical operating data, electrolyte levels, internal cell temperature, and ambient battery enclosure temperature. It may also involve organizing any required HVAC mechanical measures. Additionally, the BMS guarantees that the battery cells maintain the same charge level. Any imbalance between the battery bank connections might cause cells to get strained and reduce the battery’s total cycle life.
PCS
A Li-ion battery system requires an inverter to generate building-usable alternating current (AC). These devices, also known as Power Conditioning Systems or battery hybrid inverters, are more dynamic than conventional PV inverters since they can operate in both directions. This implies that electricity may flow from DC to AC or vice versa, allowing the ESS to properly charge and discharge. The PCS system directs the flow of energy by controlling the charging and discharging behavior of the battery.
EMS
The energy management system supervises and coordinates ESS dispatching activity. The EMS connects directly with the PCS and BMS to offer high-level coordination of all on-site components. The EMS is accountable for determining when and how to dispatch, often determined by an economic value stream. The EMS software seeks to maximize the performance of the ESS by balancing the asset’s return on investment with its long-term cycle and capacity degradation. This entails understanding the constraints of the BMS and PCS and determining when the energy storage system may be utilized most efficiently.
ALTERNATIVE STORAGE SYSTEMS
The many methods of energy storage besides BESS can be divided into basic categories of technology:
-Thermal Storage
Thermal storage is the process to capture and release of heat or cold in a solid, liquid, or gas and may involve state transitions of the storage medium, such as gas or solid to liquid and vice versa.
-Mechanical storage
Energy storage via flywheels and compressed air systems is primarily used, although gravitational energy is an emerging technology with several options.
-Pumped hydro
Such systems necessitate water cycling between two reservoirs at different levels, with the “energy storage” in the water of the upper reservoir being released when the water is discharged into the lower reservoir.
-Hydrogen
Hydrogen energy storage, which is still in its infancy, utilizes electrolysis to store power.
WHAT TECHNOLOGY KNOWLEDGE SHOULD A MANUFACTURER OF BESS HAVE ?.
Many BESS manufacturers require help in the development and meet the current explosive demand.
So, they partner with companies to help them simplify and secure their supply chain. Just because of the size, weight, and current transportation costs, they need regional manufacturing capability.
Since technology advancements are happening at a very fast pace, knowledge of energy storage and advanced power electronics is required to design, develop, and deliver complex solutions and grid applications.
Never losing focus on quality, safety, and capacity to scale production to capture demand.
There is a clear need for a partner to do the background work and investments of setting up manufacturing and supply chain and help them make the products easier to manufacture so the OEM can focus on the market and their customers.