
Muscat: Nama Power and Water Procurement (PWP) has signed an agreement for the development of the Sultanate of Oman’s first utility-scale solar and battery storage project with the consortium of Abu Dhabi Future Energy Company PJSC – Masdar, Al Khadra Partners, Korea Midland Power Co. Ltd (KOMIPO), and OQ Alternative Energy (OQAE), with an investment of RO 115 million. [pdf]

The auction held by Polskie Sieci Elektroenergetyczne S.A. (PSE – an electricity transmission system operator in Poland and the sole operator of the country's high-voltage transmission lines, 100 percent owned by the State Treasury) on December 12, 2024, ended in the seventh Dutch auction round with a strike price of PLN 264.90/kW/year for Polish physical units and 247.87 PLN/kW/year for foreign physical units in the synchronous profile zone. [pdf]

This article takes four renewable energy sources (solar energy, wind resources, hydro energy, and energy storage) as the research basis, optimizes the energy storage configuration of their comprehensive energy bases, constructs an energy storage configuration optimization model, and verifies the feasibility of the model and algorithm through case analysis, providing positive impetus for sustainable energy development. [pdf]
Based on the actual data of wind-solar-storage power station, the energy storage capacity optimization configuration is simulated by using the above maximum net income model, and the optimal planning value of energy storage capacity is obtained, and the sensitivity analysis of scheduling deviation assessment cost is carried out.
New energy power plants can implement energy storage configurations through commercial modes such as self-built, leased, and shared. In these three modes, the entities involved can be classified into two categories: the actual owner of the energy storage and the user of the energy storage.
Energy storage configuration models were developed for different modes, including self-built, leased, and shared options. Each mode has its own tailored energy storage configuration strategy, providing theoretical support for energy storage planning in various commercial contexts.
In the context of increasing renewable energy penetration, energy storage configuration plays a critical role in mitigating output volatility, enhancing absorption rates, and ensuring the stable operation of power systems.
This paper proposes tailored energy storage configuration schemes for new energy power plants based on these three commercial modes.
It also studies the control method of energy storage system to improve the friendliness of wind and solar power generation, based on the control strategies such as smoothing new energy output fluctuations, tracking planned power generation, peak shaving and valley filling, and participation in system frequency modulation.

The project encompasses eight major tasks, including vanadium battery market analysis, vanadium leasing model assessment, vanadium supply and demand dynamics analysis, economic and financial evaluation, regulatory and legal review, macroeconomic and fiscal analysis, environmental and social impact assessment, and a roadmap for circular business model expansion. [pdf]
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