Publications

Engineering Energy-Storage Projects: Applications and Financial Aspects

Chalamala, Babu C.; Byrne, Raymond H.; Baxter, Richard B.; Gyuk, Imre G.

Reliable engineering quality, safety, and performance are essential for a successful energy-storage project. The commercial energy-storage industry is entering its most formative period, which will impact the arc of the industry's development for years to come. Project announcements are increasing in both frequency and scale. Energy-storage systems (ESSs) are establishing themselves as a viable option for deployment across the entire electricity infrastructure as grid-connected energy-storage assets or in combination with other grid assets, such as hybrid generators. In conclusion, how the industry will evolve-in direction and degree-will depend largely on building a firm foundation of sound engineering requirements into project expectations.