Wedoany.com Report-Mar 19, Aerospace Industrial Development Corporation launched a 2-megawatt wind and solar Power Island energy storage system Tuesday.
Aerospace Industrial Development Corporation's energy storage system.
The company unveiled a demonstration of the system Tuesday at the Shuinan plant in Taichung. AIDC Chair Hu Kai-hung (胡開宏) said that with likely adjustments to electricity prices in Taiwan, businesses must prepare for the rising electricity costs, per CNA.
Hu said the company utilized its aerospace-level electrical control technology to develop a compact, standalone power device. The solution can be applied in residential areas, industrial parks, and disaster relief efforts, offering a complete energy solution.
The Power Island system converts wind and solar energy into electricity for storage, providing an estimated six hours of uninterrupted power, the company said. It plans to export the Power Island energy storage solution to Southeast Asia.
AIDC President Ma Wan-jun (馬萬鈞) said the Power Island allows users to seamlessly switch between power sources. During peak electricity usage or power outages, the system provides backup power.
The system provides users with more flexible energy scheduling, more stable power quality, and reduced electricity costs, Ma said.
Over the past two years, Taipower's average electricity price has increased by nearly 20%, with the highest difference in peak and off-peak prices reaching NT$9.29 per kilowatt-hour. Hu said the company’s energy storage system could generate a 20% return on investment for owners.
The company added it has also integrated its energy management and battery management systems to help the Power Island automatically adjust power output and storage, maximizing the use of renewable energy.
The Ministry of Economic Affairs plans to raise electricity prices in April, with an average increase of about 6%. The adjustment for residential and small business electricity usage will range from 11% to 33%, while industrial electricity prices may not be adjusted.