Oceanic Wind Energy Inc V.NKW.H

Grid Scale Battery Storage

[BayWall]

BC Hydro recently released its draft 2021 Integrated Resource Plan (IRP) (dubbed “Clean Power 2040”) for public review and comment, prior to an expected December filing of the final version with the BC Utilities Commission.

 

In the next five years, BC Hydro proposes to try out grid-scale battery storage, so that it can be ready if one of the higher-demand contingencies comes to pass.

 

Grid energy storage (also called large-scale energy storage) is a collection of methods used for energy storage on a large scale within an electrical power grid. Electrical energy is stored during times when electricity is plentiful and inexpensive (especially from intermittent power sources such as renewable electricity from wind power, tidal power and solar power) or when demand is low, and later returned to the grid when demand is high, and electricity prices tend to be higher.