Energy Storage: A Nontechnical Guide

A complete resource on the operation of energy storage technologies and how they interact in the marketplace today. Baxter explains new opportunities for these technologies, detailed descriptions of the technologies and their market applications, and business opportunities energy storage technologies can expect throughout the industry. The book explains how, and under what conditions, energy storage technologies can become a vital component of the electric power industry. 

Features & Benefits

• Storage and the Electric Power Industry
• Storage in Other Energy Markets
• Electricity Storage Technologies
• Applications
• Renewable Energy and Energy Storage
• Energy Storage and the Future

Audience

• Field level personnel
• Management
• Energy lending and finance professionals
• Anyone who seeks to understand how, or relies upon, energy markets
• Students

About the Author

Richard Baxter has been active in the energy storage industry for two decades, holding positions across the value chain, including Director of Product Strategy for Premium Power, and investment banker and equity analyst with Ardour Capital, strategy consultant for Charles River Associates, and an economist with Standard & Poor’s DRI. He authors a U.S. DOE funded study series on Energy Storage Financing through Sandia National Laboratories, including “Energy Storage Financing: A Roadmap for Accelerating Market Growth” [SAND2016-8109], “Energy Storage Financing: Performance Impacts on Project Financing” [SAND2018-10110], and Richard authors a U.S. DOE funded study series on Energy Storage Financing through Sandia National Laboratories, including “Energy Storage Financing: A Roadmap for Accelerating Market Growth” [SAND2016-8109], “Energy Storage Financing: Performance Impacts on Project Financing” [SAND2018-10110], and “Energy Storage Financing: Advancing Contracting in Energy Storage” [SAND2019-12973]. 

Richard is currently the Executive Director of the Advancing Contracting in Energy Storage (ACES) Working Group. Richard has served as a board member of the Energy Storage Association, the Charitable Foundation of the Energy Bar Association, and was Chairman of the Board of NovoCarbon Corporation (TSX-V:GLK). He is a Member Emeritus of the Energy Storage Association. 

Richard holds a BS, Materials Engineering from Virginia Tech and an MS, Energy Policy from the University of Pennsylvania. 

Details
Type: Hardcover
Size: 6x9
Pages: 350
Published: 2005
ISBN: 9781593700270

"Energy storage has significant potential to enhance the attractiveness of renewable energy and distributed generation in our electrical system. By decoupling power production and demand, energy storage can help 'firm up' intermittent renewable energy resources. As a result, energy storage can improve the ability to finance and operate renewable energy projects. In Energy Storage: A Nontechnical Guide, Richard Baxter lays out the real world options for increasing the deployment of energy storage and thereby enhancing the economic and environmental benefits of clean energy." --Dan Reicher, President, New Energy Capital Corp., and former United States Assistant Secretary of Energy 

"Energy storage technologies offer exciting new possibilities to increase the efficiency and reliability of electricity markets. Customers and suppliers of electricity will benefit from understanding storage technologies. There are many opportunities for energy storage to improve our electricity infrastructure. Storage can provide another dimension to electricity markets, beyond the current distribution, transmission, generation and conservation elements, leading to lower cost and more reliable electric service. Energy Storage: A Nontechnical Guide by Richard Baxter provides all of us with an excellent overview of these emerging technologies and provides useful insights into the roles they can play in tomorrow's energy marketplace." --Joe Desmond, Chairman California Energy Commission 

"The Electric Power Research Institute (EPRI) has supported the development and deployment of energy storage since the early 1970s because of its ability to enhance the operation, reliability and security of the electric power system infrastructure. Energy Storage: A Nontechnical Guide by Richard Baxter provides a good introduction into this emerging technology and shows through many examples how various energy storage technologies are already being effectively utilized by utilities and their customers. By dynamic interaction with the electric grid, energy storage provides crucial flexibility to system planners and operators as they face a number of growing challenges associated with the current restructuring of the industry." --Steven Eckroad, Technical Manager, Advanced T&D Technology Electric Power Research Institute