Strategic insights on electrical and mechanical energy storage
Available and emerging technologies and their business opportunities
Key words: Internet of Batteries, Energy storage, Electricity storage, Power system flexibility, Demand response, Security of power supply, Power peak demand management, New energy business, Battery testing, Energy storage project profitability
Duration: 45 min + 15 min Q&A
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What kind of business can you do with energy storage? What technologies are available and what are emerging? How to manage the complexity and ensure safe and secure supply?
Flexibility in generating or consuming electricity can bring about additional value as the weather dependent generation is increasing, and the power, heat and transport sectors are transforming towards greater integration. Energy storages are a key in practically achieving the required flexibility.
The webinar will give a comprehensive picture of electrical and mechanical energy storage, their applications, integration to the built environment and transport as well as how VTT can support you.
We will give an overview on the phenomena in an electrical grid and the connected storages as well as on the ways to study them, both in a large-scale grid and a micro grid. A possible electricity storage business model is presented based on the economic value of the storage.
Application cases for energy storage will be presented, involving building automation, big electricity consumers e.g. electric vehicle charging stations, and critical equipment e.g. telecom.
Key learning objectives:
- Why it is increasingly important to have energy storage in electrical grids
- What kind of new business one can create based on electricity storage
- What kind of technologies and solutions are available
- How VTT can help in evaluating and selecting the right solutions for you
Contact us for further info about the webinar:
Robert Weiss, Senior Scientist
Robert Weiss, Lic.Sc. (Tech.), has worked with energy system analysis, energy market and IT-system topics since 1990. He worked 1998-2003 at ABB Ltd as global product manager for Industrial Energy Management Applications, including also R&D management. During 2003-2010 as a senior consultant at Process Vision Oy, he consulted several large European power, gas and heat utility companies, DSOs and TSOs and managed IT-system development and rollout for smart metering, trading, contract management and settlement. Since 2010, he is Senior Scientist at VTT Technical Research Centre of Finland, with research focus on energy storage and flexibility, power-to-heat, power-to-gas and power-to-value.
Kari Mäki, Research Manager
Kari Mäki, Dr.Sc. (Tech.), Research Manager on Smart Energy and Transport Solutions research area at VTT. He has more than 15 years of experience in smart grid and energy system research. He has participated in many EU projects regarding for instance power system protection, distributed generation, electric vehicles and energy storage technologies. He has earlier experience for distribution automation, distributed generation, network protection and distribution system planning tools both from network operator and industry sides.
Ville Erkkilä, Research Scientist
Ville Erkkilä received the M.Sc. (Tech) degree from Tampere University of Technology, Finland in 2012. He has been working at VTT Technical Research Centre of Finland Ltd. as a Research Scientist since 2012, focusing on battery characterization and modelling. Currently, he is pursuing a doctoral degree in lithium-ion battery lifetime diagnostics and prognosis. He is also the project manager of Batteries for business, a jointly funded applied research project on advanced energy storage technologies with 15 industrial partners.