How does battery storage support frequency regulation on the grid? And how is the battery storage operator compensated?
In: Engineering
Load surge providers, like any power provider, are paid according to the amount of power they provide into the grid. Surge providers are paid more, per KWh, to compensate them for requirements that they respond more quickly than thermal plants. Battery providers get the same sort of deal that hydro surge providers get. The battery is just a new, more geography friendly, way of providing surge to retain balance.
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