Fi­nance

Element - - Finance -

GRID EN­ERGY STOR­AGE, IRL

The pro­posal: Sta­ble grid op­er­a­tion is vi­tal to main­tain­ing se­cu­rity of elec­tric­ity sup­ply and avoid­ing cas­cade fail­ures on the net­work. Large quan­ti­ties of re­new­able gen­er­a­tion, such as wind and so­lar, pose chal­lenges for grid op­er­a­tion be­cause it is both in­ter­mit­tent and can­not pro­vide short term fre­quency sup­port to the net­work in the same man­ner as con­ven­tional gen­er­a­tors. This project seeks to de­velop a novel clean-en­ergy stor­age tech­nol­ogy that will en­able grid sta­bil­ity to be main­tained, even in net­works con­tain­ing very high lev­els of non-hy­dro re­new­able gen­er­a­tion.

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