Fluence Energy, Inc. · NASDAQ:FLNC

Fluence Energy — Technical Presentation (October 2017)

16 slides from Fluence Energy's technical presentation, October 2017

  1. Slide 1: Batteries: Beyond the Spin - The dawning era of digital inertia

    An Everoze report, commissioned by AES, drawing on BATTERIES: BEYOND THE SPIN The dawning era of research by Queen’s University Belfast October 2017 digital inertia on © Everoze Partners Limited 2017 the Island of Ireland.

  2. Slide 2: Executive summary: batteries can provide fast synthetic inertial response

    EXECUTIVE BATTERIES CAN PROVIDE FAST AND EFFECTIVE SYNTHETIC INERTIAL RESPONSE SUMMARY WITHOUT DISPLACING RENEWABLES. THIS IS DIGITAL INERTIA. Keeping the grid stable means matching Queen’s University Belfast (QUB) have POLES APART: DIFFERING RESPONSE CHARACTERISTICS IN THE FIRST HALF-SECOND supply

  3. Slide 3: 360MW of batteries equal 3,000MW of CCGT inertial response

    EXECUTIVE 360MW OF BATTERIES CAN PROVIDE AN EQUIVALENT INERTIAL RESPONSE TO SUMMARY 3,000MW OF CCGT: A POTENTIAL SAVING OF UP TO €19M AND 1.4Mt CO2 EVERY YEAR RoCoF management – the options JARGON BUSTER 3,000MW 360MW As the maximum amount of non-synchronous SNSP: The System Non Synchronous Penetrat

  4. Slide 4: Introduction and contents: Blink and you've missed it

    INTRODUCTION THIS REPORT EXAMINES THE POTENTIAL OF BATTERIES TO PROVIDE DIGITAL INERTIA, REDUCING THE COSTS AND EMISSIONS ASSOCIATED WITH A STABLE, HIGH RENEWABLES POWER SYSTEM & CONTENTS BLINK AND YOU’VE MISSED IT. TABLE OF CONTENTS This is a story about what The Island of Ireland is a world leader

  5. Slide 5: Chapter 1: Inertial response

    What it is, why we need it and CHAPTER 1 INERTIAL how it can be provided RESPONSE differently with batteries BATTERIES: BEYOND THE SPIN 5

  6. Slide 6: RoCoF must be addressed to keep the power system stable

    INERTIAL THE RATE OF CHANGE OF FREQUENCY (ROCOF) MUST BE ADDRESSED TO KEEP OUR RESPONSE POWER SYSTEM STABLE – VARIOUS STRATEGIES CAN BE DEPLOYED. THE CHALLENGE THE SOLUTION MATCHING SUPPLY AND DEMAND, IN THE BLINK OF AN EYE LEARNING HOW TO ROCK THE ROCOF Keeping the grid stable means matching supply

  7. Slide 7: Analogue inertia from synchronous generators versus digital inertia from batteries

    INERTIAL UNDER THE STATUS QUO, ‘ANALOGUE INERTIA’ FROM SYNCHRONOUS GENERATORS RESPONSE HELPS MANAGE ROCOF, BUT BATTERIES PROVIDE AN EXCITING ALTERNATIVE SYNCHRONOUS GENERATORS BATTERIES ANALOGUE INERTIA DIGITAL INERTIA HOW DOES IT WORK? Batteries are not grid-synchronised and have no moving parts. T

  8. Slide 8: QUB research shows batteries can satisfy system operator inertia requirements

    INERTIAL QUB RESEARCH AND BATTERY OPERATIONAL EXPERIENCE SHOWS THE ABILITY OF RESPONSE BATTERIES TO SATISFY SYSTEM OPERATOR INERTIA REQUIREMENTS In 2016, the System Operators (SOs) in the Their report outlined key requirements for POLES APART: DIFFERING RESPONSE CHARACTERISTICS IN THE FIRST HALF SEC

  9. Slide 9: Chapter 2: The digital inertia opportunity

    How Digital Inertia can reduce CHAPTER 2 THE DIGITAL INERTIA cost and cut emissions in a high OPPORTUNITY renewables, stable grid system BATTERIES: BEYOND THE SPIN 9

  10. Slide 10: Digital inertia can reduce reliance on ageing thermal assets and cut CO2

    THE DIGITAL DIGITAL INERTIA CAN REDUCE RELIANCE ON AGEING, “CONSTRAINED ON” THERMAL INERTIA OPPORTUNITY ASSETS, HELPING TO DELIVER A CO2 SAVING OF 1.4 MILLION TONNES PER YEAR IN 2020 As well as saving money for consumers, PUSHING AT THE MARGINS: THE RATIONALE: digital inertia also unlocks additional

  11. Slide 11: Digital inertia can cut the cost of delivering inertial response

    THE DIGITAL ADOPTING DIGITAL INERTIA CAN SLASH THE COST OF DELIVERING INERTIAL RESPONSE INERTIA OPPORTUNITY AS WELL AS IMPROVING THE QUALITY OF POWER RESPONSE FOLLOWING EVENTS COSTING THE EARTH? QUALITY TIME THE CASE FOR SMARTER SPENDING ON MANAGING ROCOF THROUGH SIR AND FFR ISSUES WITH OSCILLATIONS

  12. Slide 12: Chapter 3: What next?

    What all of this means for the Island of CHAPTER 3 WHAT Ireland and GB: 4 recommendations to NEXT? take inertia “beyond the spin” BATTERIES: BEYOND THE SPIN 12

  13. Slide 13: Targeted actions across technology, market and policy design

    WHAT 4 TARGETED ACTIONS ACROSS TECHNOLOGY, MARKET AND POLICY DESIGN TO NEXT? UNLOCK THE FULL POTENTIAL OF BATTERIES ON THE ISLAND OF IRELAND TECHNOLOGY MARKET POLICY 1. DEFINE RESPONSE 2. IMPROVE DETECTION 3. ENABLE SIR-FFR 4. SET NEXT SNSP TARGET CHARACTERISTICS AND COMPLIANCE SUBSTITUTION • Initia

  14. Slide 14: Stop framing ancillary services around the incumbent technology

    WHAT IT’S TIME TO STOP FRAMING ANCILLARY SERVICES AROUND THE INCUMBENT NEXT? TECHNOLOGY, AND CREATE A GENUINELY LEVEL PLAYING FIELD. CHALLENGE: MOVING ON FROM “INERTIA” MARKET DESIGN LIMITATION EVIDENCE: HOW THIS ACTS AS A BARRIER TO DS3 REPORT DATED 4th JULY 2017 BATTERY ENERGY STORAGE 1. CONFLATIN

  15. Slide 15: The Island of Ireland is a forerunner for GB

    WHAT THE ISLAND OF IRELAND IS A FORERUNNER FOR GB, WHICH HAS AN INERTIA NEXT? CHALLENGE LOOMING. VALUING INERTIA IN FREQUENCY RESPONSE WILL HELP. GB’s system operator National Grid has been a Response, which includes a requirement to RISING RED pioneer in incentivising sub-second response deliver fu

  16. Slide 16: Welcome to the era of digital inertia

    The Island of Ireland is a world leader in clean electricity, thanks to progressive grid policy by Eirgrid and SONI. To date, analogue inertia has served the power system well – managing the rate of change of frequency in the blink of an eye to keep the system stable at all times. But QUB’s research

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