Increasing need for power system flexibility, combined with rapid decreases in costs for energy storage technologies, has stirred interest about the potential role of energy storage paired with generation resources, also known as “hybrid” projects. Hybrids can have several advantages over stand-alone projects, including costs savings and operational synergies. However, the value of hybrids for power system operators or project developers is location-specific and depends on many factors.
This webinar will introduce key concepts for understanding the value of energy storage and generation hybrids, review potential advantages and disadvantages of hybrids compared to stand-alone resources, and summarize ongoing research into the cost-effectiveness of hybrid technologies. The webinar will also present some ongoing research on the potential operational benefits of hybridizing floating solar PV with hydropower.
Speakers for this event include:
* Caitlin Murphy - Senior Energy Policy Analyst, NREL
* Sika Gadzanku - Energy Technology and Policy Researcher, NREL
* Moderated by Sarah Lawson - Senior Energy Analyst, USAID