Asia

Foxwell president says energy storage systems are in high demand in Taiwan

Howe Chapon, president of Foxwell Power. Credit: DIGITIMES

According to Hau Xia-peng, president of Foxwell Power, a green energy trading platform, the demand for energy storage systems is growing rapidly in Taiwan with the development of solar power and offshore wind power.

In terms of architecture, the energy storage system basically consists of power flow and information flow, the former consists of power conversion and battery system, the latter basically consists of energy management and grid control system. explains Hau.

Energy storage systems not only convert the power generated by renewable energy generators and help regulate the frequency of generation to smooth the power output, but also add backup power and AGC (automatic generation control) to conventional generators. ) function. Moreover, energy storage systems not only provide operational and regulatory reserves for transmission and distribution utilities, but also allow electricity users to balance supply and demand for electricity, and enable microgrids for their own use. You can help set it up, Howe noted.

Energy storage systems can be used either in front-of-the-meter mode, where the energy storage system is connected to the grid to supply power to external users, or behind-the-meter mode, where such systems are used to store electricity. increase. You can use the energy for your own use without being connected to the grid, Howe said.

Taiwan aims for a cumulative total installed capacity of 20 GWp of PV power plants and 5.7 GWp of offshore wind turbines in 2025. Large power users need to set renewable energy generation capacity, and companies are increasingly striving to reach RE100, Hou said, adding that Taiwan’s energy storage market is more demand than supply. is developing in many stages, he added.

Foxwell has signed MoUs for green energy purchases with companies such as Foxconn Electronics, Nanya Technology and Phison Electrics, and more than 30 suppliers will resell green energy.



https://www.digitimes.com/news/a20220913PD203/energy-storage-system-foxwell-power-green-energy.html?chid=13 Foxwell president says energy storage systems are in high demand in Taiwan

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