Grid-Connected Energy Storage Essentials Increase your understanding of the technical, market and financial aspects as well as risks associated with grid-connected energy storage.

Course Description

With the grid-connected energy storage market maturing and commercial projects starting up, companies in different sectors are increasingly interested in the potential of energy storage for their business. But insight into technical, market and financial aspects is essential to realizing that potential.

As part of our educational offering that also includes workshops and interactive sessions, DNV GL  offers a two-day training that helps you increase your overall understanding of grid-connected energy storage systems.

These two-day training courses on energy storage essentials are intended for professionals wishing to acquire a comprehensive overview of grid-connected energy storage and energy storage systems, and to have the latest technology, market conditions and issues clearly explained. Energy markets in relation to energy storage, the role of storage in providing flexibility to solve intermittency issues in the grid, business models, performance indicators, warranties, safety, risks and risk mitigation are covered.

Your Benefits:

• Identify opportunities and risks for grid-connected energy storage in your business.
• Understand the complexity of grid-connected energy storage projects, be able to make decisions and interact with stakeholders during the entire project life cycle.

DNV GL will provide you with international examples and present our view on best practices for grid connected energy storage using our industry-supported GRIDSTOR methodology.

Course Outline

• Energy Storage Landscape
  • Energy Transition
  • Need for Flexibility
  • Overview of Energy Storage Technologies (e.g. Li-ion, Vanadium Redox Flow Batteries, Hydrogen, etc.)
• Roles of Storage in the Electricity Grid
  • Electricity Markets
  • Application of Electrical Energy Storage Systems
  • Components of Energy Storage Systems
• Essentials Elements – Life Cycle Phases and Planning
  • Performance Indicators/Reliability 
  • Sizing
  • FAT/SAT
  • Warranty/Safety Items
  • Contracting, Actors, and Responsibilities
• Business Models
  • Value of Flexibility 
  • Levelized Cost of Storage (LCOS)
  • Technology/Market Combinations
  • Examples/Case Studies
• Risk in Energy Storage
  • Risks & Risks Mitigation
  • Safety, Health, and Environmental Aspects
  • Design FMECA/Operational FMECA
  • Standards

An overview of Grid-Connected Energy Storage Technologies will be given in the energy storage landscape. Typical size, characteristics, and advantages/disadvantages. Technical, business model, and safety will focus on Lithium ion technologies. 

The topics covered during the course will be supported by case studies and examples. 

GRIDSTOR is our recommended practice on grid-connected energy storage, providing definitions, procedures, and an excellent framework for discussing the above topics.