Energy storage

Energy storage is now playing a critical role to increase the penetration of intermittent renewables onto grid systems around the world. A key to developing storage projects is being able to identify revenue streams to justify investment and deploy storage solutions, which add value to the integrated grid system.

Energy storage can provide a variety of value propositions depending on the jurisdiction, which may include:

  • Reducing client exposure to high electricity prices
  • Provide arbitrage opportunities in deregulated markets
  • Demand Side Management (reducing demand charges)
  • Grid stability and Ancillary Services
  • Long term/seasonal storage to shift and reduce demand peaks

Various technologies exist within the energy storage industry, including:

  • Short term duration batteries (ex: Lithium Ion and similar technologies)
  • Long term duration batteries (flow batteries)
  • Flywheels
  • Green Hydrogen & Green Ammonia
  • Compressed Air
  • Pumped Storage (hydro-electric)
  • Thermal

Our team have experience with various forms of energy storage and can provide support with feasibility studies, project optimization (hybrid renewable projects), permitting and regulatory support, electrical design & integration, procurement and project management.

Please contact GCR  to learn how we can assist with a professional and independent review of your projects.