Increasing Stability and Driving Savings: Battery Storage in Texas with Olivier Beaufils | Energy Capital Podcast (private feed for maxwang1990@126.com) | Podwise
This podcast episode explores the significant role of battery energy storage systems in the ERCOT market in Texas. The podcast highlights the findings of a report by Aurora Energy Research, emphasizing the cost reduction of $700 million during Winter Storm Heather and the exponential growth of battery storage in Texas. The report showcases the complementary nature of batteries to renewables and natural gas, their impact on system costs, and their ability to ensure reliability during critical events. The episode also discusses the dynamics of the day ahead market and real-time market, the significance of battery capacity on the ERCOT market, the cost declines in ancillary services due to batteries, the impact of competition and renewable energy sources, the challenges faced by Texas in managing load and demand, the need for flexible capacity in the energy market, the value of gas peakers, and the importance of longer duration storage. The conversation concludes with a discussion on the economic viability of storage systems and a note of anticipation for more examples of battery energy storage systems in the future.
