Energy Storage

 

Energy storage is crucial for the clean energy transition. The more renewable energy on the grid, the better – though these resources are predictable and reliable they are intermittent in nature.

Energy storage allows for ‘firming up’ renewable resources and maximizing their value to the grid. In addition, energy storage can reduce the cost of electricity, by storing when electricity is the cheapest or most abundant and dispatching it during more expensive times or when higher customer demand occurs.

Without currently having time of use rates on our electricity bills, we don’t see these cheaper and more expensive times, but they still exist to the utility.  


Power on the grid has traditionally gone from generation to transmission to distribution to customers flowing in one direction. But with more individuals and businesses producing their own power from solar panels, the power can now flow in multiple directions. The grid was not initially built for this, but it is able to adapt through the addition of technologies including storage. 

 

Energy Storage on an Islanded Grid

On an islanded grid such as the Yukon grid (which is not interconnected with any other provinces or territories), without energy storage, electricity must be generated and consumed at exactly the same time. Any time an appliance is used in your home - for example, if the oven or lights are turned on -, somewhere on the grid generation is taking place to balance out this load.

Energy storage adds flexibility to this equation and allows electricity to be stored and then discharged at later times.

Increasing proliferation of roof-top solar photovoltaic (PV) has seen a growing interest in pairing solar panels with lithium-ion batteries. This allows the home-owner to maximize the usefulness of their solar energy, by storing solar-generated electricity for cloudy periods or after sun sets.

Though lithium batteries for home storage systems such as the 'power wall' are most commonly discussed, other storage methods exist. Below are a list of case studies for the Yukon context that can complement individual energy storage systems.

 

Energy Storage Case Studies in the Yukon

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In short: the benefits of Energy Storage

 

Energy storage…

  • Maximizes Renewable Energy

  • Reduces Electricity Costs

  • Increases Grid Reliability

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