Energy storage substation applications: Possibilities for transmission and distribution (T&D) CapEx deferrals
KEMA executive explores CapEx deferral angle for Smart Grid News
Energy storage can defer CapEx for power transformer upgrades to meet peak load conditions at the subtransmission or distribution substation. The substation application to support power transformer contingency operations during peak load periods that have grown in excess of the N-1 contingency capacity of the station, however, is not able to defer CapEx under current circumstances.
As a guest author for Smart Grid News, KEMA executive Rick Fioravanti, director of storage applications and support at KEMA, discusses the aforementioned energy storage substation application and its barriers to T&D CapEx deferrals, including regulatory processes and costs. Fioravanti’s commentary is a chapter focus in KEMA’s Utility of the Future guidebook, The promise of energy storage.
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