Course Information
This LDR training course covers the different energy storage markets with a focus on the more popular and fast-growing lithium- ion battery energy storage systems and the fast-evolving integration into the grid, which is getting smarter every day.
As we transition towards a cleaner grid and as technology advances and rapidly decreasing process give us more options on how to integrate energy storage into the grid, there is a great opportunity to lead in the integration of the energy storage integration wave. As EV production increases, the price of electricity storage is forecasted to decrease dramatically and rapidly, opening new markets for grid storage.
Electricity Storage Markets include electrochemical battery systems (batteries) and will also cover pumped hydroelectric, compressed air, fuel cells, flow batteries, flywheels and gravity storage. We will learn how harnessing these electricity storage technologies will benefit the grid and in more and more cases we can profit from newer markets, including energy arbitrage, voltage support, frequency regulation, reactive power production, duplicating spinning reserves, decreasing the need for transmission upgrades, shifting energy, grid smoothing and incorporating renewable assets into a smart grid.