Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16...

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Imagination at work Energy Storage [email protected]

Transcript of Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16...

Page 1: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

Imagination at work

Energy Storage

[email protected]

Page 2: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

Energy Storage growth has precedent in wind & solar

100

1,000

10,000

100,000

1,000,000

'96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19 '20 '21 '22 '23 '24 '25

$700/kWh

$250/MWh

$150/MWh

$50/MWh

$6/watt

$1/watt

$3/watt

$65/MWh

$450/kWh

$350/kWh

An

nu

al M

W in

sta

lled

(lo

g s

cale

)

Wind

Solar PVEnergy Storage

$55/MWhCCGT + ST LCOE

LCOE

CapEx

CapEx

$2,000/kWh

2

$300/kWh

From 2010 to 2020 marks a 40X improvement in overall ES viability

Sources: EIA, IEA, NREL, GWEC, EPIA, BNEF, Lux, Navigant, HIS CERA, GE Analysis

Solar : PV panel cost

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Page 3: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

Curtailed Renewables

Peak Load

Maximize Baseload

Spinning Reserve

Fast Ramping

Frequency Regulation

Baseload0

-10

10

20

30

40

Reduce Emissions

Summer day under 50% renewable conditions

ES provides instantaneous local capacity, & continuous ancillary services with no fuel consumption or emissions.

Energy Storage is a unique asset that provides unprecedented flexibility in grid optimization.

Baseload causes excess solar to be curtailed

Short duration peaks after sunset

Respond to sunset dynamics

Real-time frequency control

Dynamic response to events (clouds)

Enables high capacity factor baseload

From peak capacity and ancillary services12:00 18:0006:0000:00 24:00

Sy

ste

m D

em

an

d (M

W)

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Page 4: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

Curtailed Renewables

Peak Load

Maximize Baseload

Spinning Reserve

Fast Ramping

Frequency Regulation

Reduce Emissions

ES provides instantaneous local capacity, & continuous ancillary services with no fuel consumption or emissions.

Additional clean energy into system

Reduction in conventional “peakers”

Enables dynamic capacity

Provides 100% of FR with no emissions or constraints

Provides 100% of SR with no emissions or constraints

Enables high capacity factor of baseload generation

From peak capacity and ancillary services

January February March April May June July August September October November December

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Page 5: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

© 2016 General Electric Company - All rights reserved

Sto

rage

CC

Gas

Pea

ker

Tran

smis

sio

n

DR

Curtailed

Renewables

Peak Load

Fast Ramp

Frequency

Regulation

Spinning Reserves

Reduce Emissions

Challenge

Cost

Emissions

Emissions

"NIM

BY"

Less-dependable

5

Why Battery ES?... flexible compared to traditional assets

Baseload0

-10

10

20

30

40

12:00 18:0006:0000:00 24:00

Sy

ste

m D

em

an

d (

MW

)

Time of Day

+ locational grid benefits+ no air quality constraints+ no local fuel requirements+ defer wires investment+ modular & movable

+ quick to deploy (6mo to COD)

High renewables cause daily profile issues

… .no longer just about energy

Energy Storage flexibility allows optimization of all system assets

GE Confidential

Load curve

w/o renewables

“”Must-run” baseload

Load curve

w/renewables

Page 6: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

Scenario: NYISO at 50% Renewables w/4GW ES

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© 2016, General Electric Company

Page 7: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

NYISO at 50% Renewables w/8GW ES

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© 2016, General Electric Company

Page 8: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

The utility of the future . . .

Is a battery.

Page 9: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

Bringing the strengths of GE to Energy Storage

Gas Turbines

CombinedCycle

Nuclear

Wind Solar

2,000GW+ GE power generation

Power GenServices

Gas Engines

GE Store

Broad, diversified portfolio

Long-term, valued brand

Stable & reliable partner

GE Energy Storage

GE Energy Financial Services

Water

GE Global Research Center

Aero

100+ years powering the world … optimizing our future with energy storage

Page 10: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

GE’s Advantage… integrated solutions

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Page 11: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

MW Class ES PlatformCustom solutions from standard, proven building blocks

11

Standard pre-fab enclosure + additional safety features

Battery Enclosure

GE’s Mark VIe Control System has more than 16 million hours of combined operation

Controls

>3.5 million GE Prolectransformers installed

Transformer

>25,000 GE Renewables Inverters installed across Wind, Solar, and ES

InverterProven Li-Ion chemistryTier 1 Suppliers with full GE Supplier Qualification

DC Block

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Page 12: Imagination at work - New · PDF fileGE’s Mark VIe Control System has more than 16 million hours of combined operation Controls >3.5 million GE Prolec transformers installed Transformer

4 MW / 18 MWh

Behind the Meter

at large Industrial

(5x) 50 kW / 100 kWh

T&D Network Support

1 MW / 2 MWh

Wind Integration

(3x) 200 kW / 400 kWh

Integrated Wind Turbine

(2x) 10 kW / 20 kWh

Behind the Meter

1 MW / 2 MWh

T&D Network

Support

1 MW / 2 MWh

Renewable

Integration

1

5

3

6

78

9

10 11

37 MVA / 20 MWh

Grid StabilityImperial Irrigation District

0.5 MW / 1 MWh

Behind the Meter

at industrial plant

~ 60 MW / ~65 MWh of Grid projects Installed or in Process

2

7MW / 7MWh

Grid Stability

Ontario IESO

4

2MW / 8MWh

Solar Integration

Commissioned

Recent order or being built

3MW / 6 MWh

PV/Storage Micro grid

MAECI Solar

12

13

200kW/1MWh

T&D Network Support

Major Utility

14

1 MW / 2 MWh

Behind the Meter

GE Energy Storage Grid Projects

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