On October 27, as part of the European Sustainable Energy Week, the Solar Energy Association of Ukraine held an open meeting of the Committee on Electricity Markets and the Implementation of the ESS.
During the meeting, the Chairman of the Committee and Director of KNESS Serhii Kravchuk made a presentation on the practical implementation of the project to create energy storage systems. In his report, Mr. Serhiy spoke in detail about the technical characteristics of the system and the possibility of using the complex in the market of ancillary services, the balancing market and the market for the day ahead.
Representatives of online publications had the opportunity to talk to Mr. Serhiy and ask questions about the payback period of energy storage systems, the return on investment and the duration of the ESS certification process for participation in the ancillary services market.
“The project pays for itself in less than 5 years, which makes the additional arrangement of the solar station quite profitable. The only thing should be a clearly defined legislative and regulatory field, which is desirable not to change. This is enough for the drives to provide sufficient payback, “said Serhiy Kravchuk.