Fast Frequency Response (FFR) is a new and exciting industry emerging due to the increasing supply and falling cost of energy storage technologies. Essentially, FFR involves storing energy that can be sent into the local grid to keep the frequency stable whenever needed. Many utilities have or are developing programs to pay you to keep the grid stable in your area by maintaining an energy storage device charged and on standby waiting for the utility to request its service.
Savings and Revenue
Energy storage devices in the form of batteries have been around for decades. However we are now reaching the point where batteries are cheap and reliable enough to be used for grid support.
There are forms of battery technology that are taking over this sector: