Integrating virtual energy storage systems into smart grids
Generating electricity using renewable energy sources instead of fossil fuels significantly helps reduce greenhouse gas emissions and addresses climate change. However, power output from renewable sources is variable, depending on the weather conditions. Smart management of flexible resources and loads could greatly help increase the contribution of renewable sources to power generation. By aggregating hybrid energy storage systems, the EU-funded FlexCHESS project will enhance grid stability and boost the efficiency of installations by providing a range of ancillary services for both the distribution and transmission networks. FlexCHESS cutting-edge solutions for improving the storage capacity and resilience of smart grids will be based on the digital twin concept, virtual energy storage systems and distributed ledger technology.
