Title:
Battery Energy Storage System Participation in Wholesale Electricity Markets: Opportunities, Practices, and Challenges
Abstract:
In recent years, there has been a significant deployment of battery energy storage systems (BESSs) in the electricity grids around the world. The important characteristics of BESS such as ability to act both as generation and load, fast response time, high ramp rate etc. makes them promising options for the system operators to reduce the peak demand, facilitate renewable energy integration etc. This webinar will present the opportunities and the current practices for BESS to participate in wholesale electricity markets of the US and Canada. Also, will discuss the challenges the independent system operators (ISOs) and the BESS owners should consider associated with BESS market participation.
Bio:
Presented by Dr. Nitin Padmanabhan, Postdoctoral Fellow, Electrical & Computer Engineering, University of Waterloo and Chair, IEEE Kitchener-Waterloo Section.
Dr. Nitin Padmanabhan is currently working as a Postdoctoral Fellow in Electrical and Computer Engineering, University of Waterloo, Canada. He has over 7 years of research and analysis experience; his research interests include demand response, energy storage applications, electricity market modelling and design, and optimization of power systems. Nitin has more than 11 years of experience in teaching university/college students in Canada and India, at undergraduate and postgraduate levels.
Nitin Padmanabhan received the B.Tech. degree in electrical and electronics engineering, the M.Tech. degree in electrical engineering (power systems) from the University of Calicut, Kerala, India, in 2007 and 2010, respectively, and the Ph.D. degree in electrical engineering from the University of Waterloo, Waterloo, ON, Canada, in 2019.
He is also the recipient of the 2018 Energy Council of Canada (ECC) Energy Policy Research Fellowship, 2017 Faculty of Engineering Award, University of Waterloo, 2017 Best Teaching Assistant Award in Electrical & Computer Engineering at the University of Waterloo, and 2005 Best National Service Scheme (NSS) Student Volunteer, Kerala, India.