peak shaving

With so much of the space in United States cities allocated for parking, the dual pronged approach of the Inflation Reduction Act (IRA) – production tax credits to drive investment in domestic manufacturing and investment tax credits to attract consumer-side investment – means solar canopies can make a huge contribution to the net zero drive.

China’s solar industry rebounded in 2023 after years of pandemic-related sluggishness. As the year draws to a close, pv magazine looks back at key highlights of 2023 and considers the prospects for 2024.

Swedish researchers have analyzed the impact of electric aviation and electric vehicle (EV) charging on the power system at Visby Airport. They have discovered that on-site solar panels and battery storage could significantly reduce grid stress, and have proposed a novel approach to battery operation.

With AI-enabled devices able to take the money-saving efficiency of lithium batteries to an incredibly granular level, research by Inion Software shows simple changes by inverter manufacturers would enable devices of almost any age to be “smartened up.”

Lithium-ion batteries can not only improve self-consumption in commercial PV systems but are also able to efficiently perform peak shaving and price arbitrage, according to an international research group which has proposed a new strategy to calculate the best system configuration in terms of costs and revenue. The scientists specified, however, that the novel strategy may become effective only if storage system prices will drop under $250/kWh.

The Limburg section of the network could face congestion problems for a decade, according to transmission system operator Tennet, prompting talk of offering auction-determined incentives to clean-power generators to reduce their output.

A new application for ABB’s ‘Ability’ digital platform enables industrial customers to avoid peak charges without using of battery storage. The Swiss corporation has developed two apps for its energy management software with the help of an artificial intelligence specialist.

Testing lithium-ion, redox flow, and sodium-sulfur technologies, EPC provider CMI Energy wants to establish which types of system, or which combinations, are most suitable for different applications using the 4.2 MWh facility.