Working Group on Business Models for Energy Storage
Scope and Description
This WG came to being at the 2011 IEEE Power & Energy Society General Meeting has been active since. The objective of the working group has been to engage various stakeholders and promote a better business case for grid-scale energy storage. The WG’s scope of work is:
- Focus on economics: building business cases and performance-based economic evaluation
- Reviews of global energy storage project-development cases and new technology development
- Performance-based economic evaluation on emerging grid applications (e.g., ancillary service, transmission system optimization, microgrid design, smart grid)
- Market design, policy, and regulatory recommendations to accommodate energy storage and its myriad applications
Chair: Dr. Hamid Zareipour, University of Calgary, firstname.lastname@example.org
Secretary: Dr. Yury Dvorkin, New York University, email@example.com
Since its inception in 2011, the WG has organized a number of panel sessions in IEEE Power & Energy Society General Meetings and at T&D meetings. Starting in 2015, the WG has regularly offered tutorials on energy storage economics at IEEE Power & Energy Society General Meetings and T&D meetings. These tutorials have attracted over 300 attendees thus far. The WG has proposed a tutorial and will also organize a sponsored panel session at the 2019 IEEE Power & Energy Society General Meeting.
The WG is also in the initial stages of developing a while paper on the regulatory, market, and policy treatment of energy storage and a special section of a PES Transactions journal. Further details are to be determines at the 2019 IEEE Power & Energy Society General Meeting.
You can join the WG and get involved by contacting Yury Dvorkin, the WG secretary.