The current energy market is going through a situation in which demand is increasing and, therefore, the power grid is more likely to experience voltage fluctuations. This fluctuation causes, in time, oscillations in energy sales prices, which has a direct impact on the end consumer. In this sense, at E22 we work for a gradual and firm adaptation to the regulation process of the electricity grid, in order to optimize the relationship between demand and supply in each market, thus adjusting the opportunity cost.
One of the keys to reduce the possible risks underlying the current infrastructure of the electricity grid lies in the activity of electricity generators. These must guarantee grid stability, which means that, at certain times, more energy must be added to avoid causing an energy deficit. While it is true that renewable energies, due to their dependence on natural resources, are not capable of generating energy in a stable manner, there is a solution: integrating a storage system that stabilizes energy production.
Aware that the objective of the renewable sector is to make possible the energy transition towards a decarbonized and completely green model, at E22 we research, develop and offer new storage alternatives that maximize the profitability, sustainability and stability of the grid. In this way, we ensure that renewable sources are able to feed energy into the grid in a balanced way. Furthermore, it is worth underlining that these storage systems can be connected directly to the grid, without the need to use a renewable source.
When dealing with grid regulation projects to maximize profit in the purchase and sale of energy, it is crucial to carry out an exhaustive study of each market, analyzing its infrastructure, its degree of demand in different situations (cold or heat waves) and taking into account all the regulatory standards for energy distribution.
In this sense, projects such as Holes Bay, located in Dorset, southern England, and whose construction was carried out by E22, absorbs and delivers active and reactive energy, in order to regulate the frequency and voltage of the grid, ensuring that there are no voltage peaks or troughs that could pose a risk to the consumer and to the grid infrastructure itself.
There is still a long way to go in this area, but the growing energy demand makes it increasingly necessary to balance the relationship between the power grid, power generation and its corresponding supply and subsequent consumption to meet the needs of power systems and consumers. Storage is the key to making this regulation stable, robust and long-lasting.