The variability of renewable energy sources, such as wind and solar, can make it challenging to predict output.
Optimizing Automated Trade Strategies
Large and sudden changes in electricity supplier demand can cause the North American grid frequency to deviate from 60 Hz. To support grid frequency regulation, the independent system operators (ISOs) or balancing authorities need assets that can be ramped up or down quickly to offset sudden changes in electricity supplier demand. Batteries are an excellent fit for this use case, with the ability to rapidly adjust from charging to discharging and back again.
In some areas, voltage fluctuations can occur due to changes in load, especially from high-powered industrial equipment or significant variations in distributed generation. In this use case, batteries provide voltage regulation, acting as a dynamic buffer within the grid by supplying or absorbing reactive power to manage voltage fluctuations.
– Lester Aponte, Technical Sales Lead, NextEra Analytics
– Lester Aponte, Technical Sales Lead, NextEra Analytics
Forecasting software and tools, such as the NextEra 360 SaaS platform, provide analytical and predictive capabilities to optimize effective arbitrage, load shifting and peak shaving, and ancillary services. NextEra 360 forecasting software is especially useful when working with batteries because of the variability and differences in response capabilities.
– Carlos Zada, Manager of Product Management, NextEra Analytics
– Carlos Zada, Manager of Product Management, NextEra Analytics
– Lauren Foley, Energy Risk & Resilience Manager, NextEra Analytics
– Lauren Foley, Energy Risk & Resilience Manager, NextEra Analytics
– Sam Hile, Senior Policy Specialist, NextEra Analytics
– Sam Hile, Senior Policy Specialist, NextEra Analytics
Battery Energy Storage Systems — QuickChat Video
Today’s sustainability drive is akin to our generation’s moonshot. Companies globally strive for net-zero emissions, often despite lacking necessary technologies. Improved data stands as our era’s key asset, providing vital insights for sustainable breakthroughs.
How to Use Utility Data to Prepare for Emerging VPP Opportunities