Scalable Government Procurement of Energy Storage Containers for Oil Refineries

What are energy storage procurement contracts?

Energy storage procurement contracts must also take into account the ever-evolving suite of laws and regulations applicable to energy storage projects, including as a result of the recent change in administration in the United States.

Why are oil storage tanks important in the refining industry?

In the refining industry, oil storage tanks are indispensable for containing large volumes of flammable liquids within the oil supply chain. These units enable safe operation in production, transportation, distribution, and storage of strategic hydrocarbons.

Why is hydrocarbon storage important in energy logistics?

Hydrocarbon storage is critical in energy logistics. In oil fields, small, modular tanks are used, while in refineries and terminals, large-volume tanks welded on-site predominate. In addition, in urban distribution centers, compact, buried or vertical tanks are used, adapted to reduced spaces and with automated measurement and safety systems.

Are energy storage projects a meter utility scale project?

The majority of new energy storage installations over the last decade have been in front of the meter utility scale energy storage projects that will be developed and constructed pursuant to procurement contracts entered into between project developers (or a special-purpose project company owned by such developers) and the utilities.