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The energy storage market is truly moving faster than ever, and with it, the complexity of building and managing these projects and products that serve our need for 24/7 renewable power. It does, however, raise a number of interesting, if not troubling questions:
How does this rapid change impact the Total Cost of Ownership for battery energy storage projects?
Are there hidden costs to this pace of growth?
As we watch the industry scale, it has started to feel a bit like companies are rushing projects (and products) to market in a race to meet market demand and be “first” in a number of key areas, not the least of which is power density and battery size.
So we have to ask, “how big is too big?”
And, as sites begin to move closer to population centers, what do we do about the inevitable concerns surrounding noise ordinances?
Is Noise the next challenge in front of the industry?
I asked these and many others of today’s special guest while we were live on our PowerUp Live stage recently at RE+ 2024.
With over 12.5 gigawatt-hours of contracted storage systems, including 8.5 gigawatt-hours already in operation, Wärtsilä Energy Storage & Optimisation (ES&O) is rapidly expanding its global footprint across key markets, from the US and Canada to Chile, the UK, and beyond. With the market moving faster than ever, Wärtsilä is tackling both technical and logistical challenges, ensuring that its battery storage systems are ready to meet demand.
Andy Tang, Vice President of Wärtsilä ES&O, brings nearly two decades of expertise in battery storage and grid edge development to the table. And in our conversation, he addresses head on the impacts of rising energy density on Total Cost of Ownership (TCOE) and the hidden costs associated with larger, more complex systems.
Expect to learn:
Watch this and other insightful conversations recorded live at the PowerUp Live Podcast Stage over at www.suncast.live!
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Mentioned in this episode:
CPS July 2024 V2