EnergyStorageintheUSTheGrowingNeedforResiliencyandRenewableIntegration03April2018CNESAEnergyStorageInternationalConferenceandExpoBeijing,ChinaIMREGYUK,DIRECTORENERGYSTORAGERESEARCH,DOE-OEZHENGUO“Gary”YANG,FOUNDERUNIENERGYTECHNOLOGIES1顶端小标题Clearwatersandgreenmountains!“绿水青山就是金山银山”Electricalpowerchainevolving–Smart,cleaner,moreresilient,flexibleandaffordable3EESisacriticalenabler.1顶端小标题IncreasingDemonstrationsandDeploymentsenergystorageexchange.org1顶端小标题GTMResearch/ESAU.S.EnergyStorageMonitorAnnualU.S.EnergyStorageDeployments,2012-20211顶端小标题TowardlongerdurationtobettervaluepropositionsDuration,HoursDeployment,MWhThetotalMWhinstalledin2016morethandoubledoverthatin2015intheUS,thoughlittlechangeinMW;multi-hourorlongdurationdemandsgrowing,forabettervalueandinvestmentreturnEvery$1onprotectionmeasurementscanprevent$4inrepairsafterastorm!Trendsindicatethesituationwillgetworsenotbetter!!Florida,Harvey,2017Mexico2017PuertoRico,Maria2017Resiliency!1顶端小标题ImprovegridresiliencyandbetteruseofutilityassetsIncurtesyofIwanBannandGettyImageNewYorksetsatargetof50%REby2030and1.5GWenergystorageby2025ManhattanblackoutduringhurricaneSandy,causing$19B1顶端小标题DemandedinCA,MA,OR,NY,…CAtargeting50%REpenetrationand12GWovergenerationlooming…andmandated1.325GWofstorageby20201顶端小标题Sterling,MA:Microgrid/StorageProjectSterlingMunicipalLightDepartment.$1.5MGrantfromMACommunityCleanEnergyResiliencyInitiative(Dept.ofEnergyResources).DOE/Sandia.CleanEnergyGroup.2MW/2hrstoragewithexisting3.4MWPVtoprovideresiliencyforPoliceHQandDispatchCenter.Li-ionbatteriesprovidedbyNEC.Sterling,MA,December2016Sterling,MA,October20161顶端小标题Solicitationfor$15MforUtilityEnergyStorageProjectsSelectedprojectswithUETvanadiumflowbattery:Avista(1MW/4MWh)--PNNL--WAStateUSnohomish(2MW/8MWh)–PNNL--1Energy--UofWAUnderaDOE/WAMOU,PNNLwillparticipateinbothprojects,providingusecaseassessmentandperformanceanalysis.Vanadiumtechnologywith1.7xEnergydensitydevelopedatPNNLforDOERibbonCutting,Avista,April20152ndSolicitation:DOETeamingwithAvistaonTransactiveMicrogridWashingtonStateCleanEnergyFund:1顶端小标题Chattanooga,TNwithEPB:Installationofmicrogridbasedon100kW/400kWhV/VflowbatteryandinstalledPV.CeremonySept.21,2017Birmingham,ALwithSouthernResearch:UtilityTestsite-100kW/500kWh.V/Vflowbattery.Sept28,2017Worcester,MAwithNationalGrid:Withwindpower–500kW/3MWh.V/Vflowbattery.Oct.4,2017Eugene,OR,Water&EnergyBoard:ResiliencyMicrogrid,500kWStorage+125kWPV+Dieselgensetsat2aggregatedsitesCordova,AK,StudywithACEP:HydropowerSmoothing,eliminatingdieselback-upNantucket,MAwithNationalGridandTesla:TransmissionLineDeferral.Batteryonlyinuse3months-analysistofindadditionalBenefits.Kona,HI,withNELHAandHELCO:EnablingmoresolarPV,100kW/500kWhofV/VBatteriesDecaturIslandwithOPALCO:WACleanEnergyFund,500kW/4hourV/Vsystemforresilience,Analysiscompleted($3Mbenefit)SandiaAnalysisforprojectsinGermany,JBAndrews,FDAOtherDOE-OEStorageProjects:1顶端小标题Comingsoon:EnergyStorageforPeakPower!CAPUCrequiresutilitytousebatteriesinsteadofrelyingonthreegasfiredplantsforpeaking;Approximately20GWnewpeakercapacityisexpectedtocomeonlineinthenext10years,asWoodMackenzie’s.1顶端小标题StorageEconomics:TheCostofaStorageSystemdependsontheStorageDevice,thePowerElectronics,andtheBalanceofPlantTheValueofaStorageSystemdependsonMultipleBenefitStreams,bothmonetizedandunmonetizedMetricswilldependonlocality!PowerElectronics20-25%EnergyStorageDevice25-50%Facility20-25%ArbitrageDem.Chargesmonth,yearResiliencyFrequ.Reg.1顶端小标题ValuessuchasResiliency,andEmergencyPreparednessaredifficulttoMonetize,yettheyareoftentheprimaryReasonforaProject.MicrogridswithRenewablesandStorageareagoodSolutionforResiliency.ButtheBusinesscaseofaprojectmustrestonMonetizableBenefitStreams.1顶端小标题EconomicsMeasurement$/kWSimplisticmeasurebasedonastandard1MW/1hourfacility$/kWhCostofEnergy.PricewilldependonbothEnergyandPower.LCOE(LevelizedCostofEnergy)TakesintoaccountcyclelifeanddegradationROI(ReturnonInvestment)Dependsonbothcostandvalueproposition.Requirescompletecostevaluation,historicdata,andforecasts.NextGenerationEnergyStorageTechnologieswillneedtoentertheMarketwithcostmetricscomparabletoexistingTechnologies!NetPresentValue-NPV17Considering:InitialcapitalcostPerformance:efficiency,degradation,….MaintenanceandoperationcostMoneycostCopyright©2015UniEnergyTechnologiesWhatistheprojectworthovernyearsoflifeintoday’sdollars.LevelCostofEnergy(LCOE)?Countonlyenergy,notcapacity1顶端小标题18CaseStudy:AAALocation:CATariff:PG&EE-20SystemSize:100kW/400kWhIncentives:SGIP+MACRSSystemInstalledCost:$338,256Analysiscomparesthefinancialperformanceoftheprojectvs.thebatteryefficiency@70%eff:•21.6%IRR•$345,942NPV@85%eff:•22.8%IRR•$377,096NPV19.6%20.0%20.6%21.1%21.6%21.8%22.3%22.8%23.0%23.5%17.0%18.0%19.0%20.0%21.0%22.0%23.0%24.0%50%55%60%65%70%75%80%85%90%95%20-YEARIRRBATTERYEFFICIENCY20-YearIRRvs.BatteryEfficiency$294,846$306,165$319,914$332,714$345,942$351,683$364,362$377,096$382,473$394,889$3$50,003$100,003$150,003$200,003$250,003$300,003$350,003$400,003$450,00350%55%60%65%70%75%80%85%90%95%20-YEARNPVBATT