An energy backup source which is instantaneously available for the equipment essential to safety and operations, in case of main power supply interruption. Overall efficiency improvement by temporary storage of braking energy and smoothening of power consumption from power network in case of process dependent fast load fluctuation (peakshaving).
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Energy storage system absorbs sudden load changes and then ramps the change over on running engines. If peak shaving is used, then this function is automatically included. It provides instant power in support of running gensets. The system also enables the use of «slower» engines, like LNG/Dual Fuel engines in dynamic power applications.
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Approximately 16 states have adopted some form of energy storage policy, which broadly fall into the following categories: procurement targets, regulatory adaption, demonstration programs, financial incentives, and consumer protections. Below we give an overview of each of these energy storage policy categories. Procurement Targets
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