In this installment of our Global Energy Transition Summit series, the panel will look at the role of AI-Driven Grid Scale Battery Energy Storage Optimization in the global energy transition.
The Problem: Many parties who have vested interests in keeping things the way they are don’t want to transition grids to high renewable content, claiming that wind energy and solar energy are unreliable and not available when they are needed. On their own, there may be some reality to this, but being able to predict what quantity and when wind and solar energy are available and moving grid needs to when they are available, or moving that energy to when the grid needs that energy solves the problem.
Global energy demand is predicted by IEA.org to expand to 5900 TWh by 2030, while renewables in electricity generation rise from 28% in 2021 to about 50% by 2030 and 80% by 2050 while electrification of the energy transport sectors are increasing demand. Battery energy storage systems (BESS) are crucial for meeting global energy demands and ensuring the reliability of renewable energy sources such as solar and wind. BESS converts intermittent solar and wind energy into dispatchable power, helping utilities manage electricity needs effectively and avoid costly infrastructure upgrades.
The Solution: Managing BESS effectively requires a system that is grid-aware, that understands what is happening in the whole grid, not just locally at the BESS site. This involves predicting demand, generation and grid conditions, providing in real-time the best strategy to optimally charge and discharge the battery cost-effectively and to better support the grid: A system that can communicate effectively with basic battery management software, ensuring it operates efficiently and responds dynamically to fluctuating grid conditions.
Storage in the grid can be in residences, at industrial sites at substations or large-scale batteries connected to the transmission grid. They all have a role individually and on the collective to enable onboarding of more wind and solar and paving the path to this future grid.
Agenda:
10:30 AM – Registration and Networking
10:50 AM – Welcome Remarks from Devashish Paul, CEO and Co-Founder, BluWave-ai
11:00 AM – Panel Discussion featuring:
- Devashish Paul (Moderator): CEO and Co-Founder, BluWave-ai
- David Short: Senior Director, Enabling Resources Program, Independent Electricity System Operator (IESO)
- Raj Pattani: Director, Strategic Policy, Ontario Energy Board (OEB)
- Geoff Wright: Head of Development, Brookfield Renewable
- Sam Arsenault: Production Supervisor, Sunbank Renewable Energy
11:45 AM – Audience Q+A
12:00 PM – Closing Remarks
Important Event Details to Ensure a Great Experience for You
If you are joining us in person, we are delighted to share the following information on transportation to our innovation hub and the support available upon your arrival:
- Cycling: Located beside the Ottawa River Pathway and many other routes, Bayview Yards is easily accessible via bicycle. We offer ample bike racks at the front and back of our building throughout all seasons.
- Parking: 50 spaces along Bayview Station Road offer 2 hours of free parking, and 27 spaces along Stonehurst and Burnside offer 1 hour of free parking.
- Transit: Bayview Yards is 600m away from Bayview Station, which serves multiple routes. It is also the O-Train stop.
- Driving: 50 spaces along Bayview Station Road offer 2HR free parking, and 27 spaces along Stonehurst and Burnside offer 1HR free parking.
- Parking: Complimentary parking is available onsite.
- Inclusive & Accessible: Should you have any specific mobility requirements, please contact Audrey Willsey at [email protected]. Our team will be pleased to work with you to make all the arrangements required for a great experience.
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