The 3rd quarter of my E.S. Cornwall Memorial ran from 1st March 2017 to 30th June 2017.
My report here that covers this period discusses and reflects on the final work conducted in California – both with Strategen Consulting and the California Energy Storage Alliance (CESA) in the San Francisco Bay Area.
This placement focused on grid modernisation and establishing a multiple use application framework to value stack services from energy storage effectively. During my time in California there were a variety of learnings, however five key aspects applicable to the Queensland Power Industry were:
1) Information Sharing is key. At the pace of technological advancement and change, information sharing and collaboration internationally is increasingly more important.
2) Approach grid modernisation holistically. Clear policy and regulatory review, effective interconnection standards, cost-reflective rates, new markets and valuation of DER, updated planning processes and increased network visibility are all required for grid modernisation to be effective.
3) Effective new frameworks to maximise technology. Often technology is limited by outdated regulation, preventing solutions from being as technically or economically effective as they could be.
4) Energy storage flexibility. The flexibility to deploy energy storage solutions quickly, relocate them when needed and expand on them if required can help manage investment risk in the rapidly changing power system environment.
5) Australia can be a leader and export learnings to the world if it wishes to. Working in the power industry outside of Australia (thanks to the ES Cornwall scholarship), it is clear that the Australian power sector has all the attributes to be a world leader in grid modernisation.
Each of these five learnings are discussed in more detail in my 3rd quarterly report.