This ETC training course covers the different energy storage markets, focusing on the more popular and fast-growing lithium-ion battery energy storage systems and the fast-evolving integration into the grid, which is getting smarter every day.
As we transition towards a cleaner grid and as technology advances and rapidly decreasing process give us more options on how to integrate energy storage into the grid, there is a great opportunity to lead in the integration of the energy storage integration wave. As Electric Vehicles (EV) production increases, the price of electricity storage is forecasted to decrease dramatically and rapidly, opening new markets for grid storage.
Electricity Storage Markets include electrochemical battery systems (batteries) and will also cover pumped hydroelectric, compressed air, fuel cells, flow batteries, flywheels, and gravity storage. We will learn how harnessing these electricity storage technologies will benefit the grid. In more cases, we can profit from newer markets, including energy arbitrage, voltage support, frequency regulation, reactive power production, duplicating spinning reserves, decreasing the need for transmission upgrades, shifting energy, grid smoothing, and incorporating renewable assets into a smart grid.
By the end of this ETC training course, the participants will be able to:
- Intelligently Discuss Electricity Storage Applications
- Understand New Electricity Storage Markets
- Forecast Advances in Electricity Storage Technology
- Explain Benefits of Different Electricity Storage Applications
- Determine Correct Applications of Electricity Storage
The participants of this training course will receive thorough training on the subjects covered by the course outline with the instructor utilizing a variety of proven adult learning teaching and facilitation techniques. This will include presentations, live feedback and interactions, quizzes, and group discussion.
A successful organization will have employees that more efficiently spend their time performing tasks that are more relevant to the company’s goals after completing this course.
The organization will benefit from this training course through:
- Having colleagues collaborate about electricity storage using proper information
- Being relevant by knowing the latest in this fast-growing market
- Providing customers with the best electricity storage information
- Prevent costly losses by choosing the correct equipment for the right electricity storage application
- Having employees collaborate using correct electricity storage terminology
- Addressing electricity storage technology in a relevant matter
Upon completion of this ETC training course, the participants will:
- Gain Valuable Skills
- Explain how storage can benefit the grid
- Gain confidence when working with electricity storage systems
- Find their skills most appropriate in this fast-growing renewable energy networked environment
- Better understand interactions between energy storage systems, renewable energy, and the grid
This training course is designed for professionals and executives who would benefit from taking a week to learn about electricity storage markets and how electricity storage applications can benefit the grid. Persons taking this course will greatly increase their understanding of how electricity storage investments can quickly provide a valuable return on investment.
This ETC training course is suitable for a wide range of professionals but will greatly benefit:
- Public Utility Commissioners
- Grid Ancillary Service Specialists
- Electricity Development Analysts
- Engineers in the Electric and Power Plant Company
- Mechanical Engineers and Contractors in Energy and Power Industry
DAY ONE: ELECTRICITY STORAGE MARKETS AND BACKGROUND
- Electricity Storage Markets
- Electricity Storage Applications
- Electricity Storage: Past, Present, and Future
- Electricity Storage with Batteries
- Electricity Storage without Batteries
- Microgrids and Stand-Alone Applications
DAY TWO: ELECTRICITY STORAGE MARKET DATA ANALYSIS AND MARKET DATA
- Data from Energy Storage Markets
- Data from Grid Assets
- Comparing Different Software Platforms
- Virtual Power Plants
- Analyzing Data
- Data Hardware and Software Systems
DAY THREE: E-MOBILITY MARKET DRIVER
- Electric Vehicles (EV) Bringing Down Storage Prices
- Electric Vehicles (EV) to Grid Applications
- Optimized Chemistries for Electric Vehicles (EV), Electronic Devices, and Stationary Storage
- Electric Vehicles (EV) as a Virtual Power Plants (VPP)
- Ancillary Services Optimized for Electric Vehicles (EV)
- Electric Vehicles (EV) Charging Changing the Future Grid
DAY FOUR: COMPARING STORAGE TECHNOLOGIES
- Lithium-Ion
- Hydrogen Fuel Cell
- Lead-Acid
- Capacitor
- Gravity Storage
- Compressed Air
- Flywheel
DAY FIVE: INCORPORATING ELECTRICITY STORAGE
- Grid Services
- Frequency and Voltage Regulation
- Reactive Power
- Spinning Reserves
