Technical FAQs 4

Why is energy storage a critical port function?

Ensuring availability of these electrical resources to meet loads which are intermittent and uncertain is becoming a critical port function. It requires investment in multi-vector energy supply chains, energy storage in ports and their associated energy management systems.

How can ports reduce energy costs?

ESSOP has explored two ways in which ports can minimize their energy costs by using energy storage: • Optimising how to use PV solar generation to offset grid electricity. The wholesale price of energy varies every half-hour, and on a time-of-day tariff this variation is passed onto users.

How many energy storage devices can a port configure?

Energy storage devices are limited in the amount of power they can store and charging power cannot exceed their maximum storage capacity. In this paper, it is assumed that if the port chooses to configure its energy storage devices, it can only select one type of energy storage device and will not choose more than that.

What happens if the number of PV panels exceeds a threshold?

However, once the number of PV panels exceeds a certain threshold, the excess renewable energy cannot be utilized by the port, increasing the cost of power abandonment and causing the ROI to decline gradually.

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