Storage

Preparation, implementation, and management of projects for the installation of energy storage units

WHY ENERGY STORAGE

Considering the systemic increase of renewable energy generation share, plans to introduce a new model of the electricity market, as well as increasing export and transit potential, Georgian energy system needs additional balancing capacities that would allow electricity to be accumulated during surplus hours and supplied to the network during deficit hours. Today, one of the most common technological solutions is the installation of energy storage devices or Energy Storage.

Application

Existing market model

Energy arbitrage
Maintaining voltage levels in problem nodes
Network restrictions solutions

New market model

Self-balancing
Energy arbitrage
Provision of frequency, voltage and other services

Implementation stages

Completion of the questionnaire
Preparation of several options for the estimated cost and installation time of storage units considering the use of element base from various vendors
Preparation of estimated calculations of the economic model and selection of the optimal strategy for using storage units
Signing of the contract
Preparation and approval of project documentation
Construction and commissioning
Project management and support throughout the entire life cycle

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