Cited By :2
", "tags": [], "relations": {}, "dateAdded": "2015-10-26T21:16:33Z", "dateModified": "2015-10-26T21:16:33Z" } }, { "key": "8D7IIHVB", "version": 13, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/8D7IIHVB", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/8D7IIHVB", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "Awad et al.", "parsedDate": "2014-07", "numChildren": 0 }, "data": { "key": "8D7IIHVB", "version": 13, "itemType": "journalArticle", "title": "Impact of Energy Storage Systems on Electricity Market Equilibrium", "creators": [ { "creatorType": "author", "firstName": "A.S.A.", "lastName": "Awad" }, { "creatorType": "author", "firstName": "J.D.", "lastName": "Fuller" }, { "creatorType": "author", "firstName": "T.H.M.", "lastName": "EL-Fouly" }, { "creatorType": "author", "firstName": "M.M.A.", "lastName": "Salama" } ], "abstractNote": "Integration of large-scale energy storage systems (ESSs) is desirable nowadays to achieve higher reliability and efficiency for smart grids. Controlling ESS operation usually depends on electricity market prices so as to charge when the price is low and discharge when the price is high. On the other hand, the market-clearing price itself is determined based on the net demand, i.e., including energy storage output, at every hour. Therefore, it is crucial to develop a mathematical model to determine the optimal ESS operation as well as the market-clearing prices. The problem is formulated as a mixed complementarity problem (MCP) that allows the representation of special (incentive) prices, which cannot be represented in a single optimization model. The proposed model is useful for power system operators to determine the optimal storage dispatch simultaneously with the market-clearing price in addition to the conventional generation dispatch. The impact of energy storage size and location on market price, total generation cost, energy storage arbitrage benefit, and total consumer payment is further investigated in this paper. The latter analysis provides some guidelines for power system planners to identify the optimal size and location for installing large-scale ESSs.", "publicationTitle": "IEEE Transactions on Sustainable Energy", "publisher": "", "place": "", "date": "July 2014", "volume": "5", "issue": "3", "section": "", "partNumber": "", "partTitle": "", "pages": "875-885", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1109/TSTE.2014.2309661", "citationKey": "", "url": "", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "1949-3029", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "IEEE Xplore", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Electricity supply industry", "type": 1 }, { "tag": "Energy storage", "type": 1 }, { "tag": "Energy storage systems (ESSs)", "type": 1 }, { "tag": "Generators", "type": 1 }, { "tag": "MCP", "type": 1 }, { "tag": "Optimization", "type": 1 }, { "tag": "Power systems", "type": 1 }, { "tag": "electricity", "type": 1 }, { "tag": "electricity market equilibrium", "type": 1 }, { "tag": "electricity market prices", "type": 1 }, { "tag": "energy storage arbitrage benefit", "type": 1 }, { "tag": "energy storage size", "type": 1 }, { "tag": "generation dispatch", "type": 1 }, { "tag": "large-scale energy storage systems", "type": 1 }, { "tag": "market price location", "type": 1 }, { "tag": "market-clearing price", "type": 1 }, { "tag": "mathematical model", "type": 1 }, { "tag": "mixed complementarity problem", "type": 1 }, { "tag": "mixed complementarity problem (MCP)", "type": 1 }, { "tag": "optimal ESS operation", "type": 1 }, { "tag": "optimal storage dispatch", "type": 1 }, { "tag": "optimisation", "type": 1 }, { "tag": "power generation dispatch", "type": 1 }, { "tag": "power generation reliability", "type": 1 }, { "tag": "power markets", "type": 1 }, { "tag": "power system operators", "type": 1 }, { "tag": "power system planners", "type": 1 }, { "tag": "pricing", "type": 1 }, { "tag": "reliability", "type": 1 }, { "tag": "single optimization model", "type": 1 }, { "tag": "smart grids", "type": 1 }, { "tag": "smart power grids", "type": 1 }, { "tag": "total consumer payment", "type": 1 }, { "tag": "total generation cost", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T20:46:47Z", "dateModified": "2015-10-26T20:46:47Z" } }, { "key": "P38VZKXI", "version": 13, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/P38VZKXI", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/P38VZKXI", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "Du", "parsedDate": "2014", "numChildren": 0 }, "data": { "key": "P38VZKXI", "version": 13, "itemType": "bookSection", "title": "Application of Energy Storage for Fast Regulation Service in Energy Market", "creators": [ { "creatorType": "author", "firstName": "P.", "lastName": "Du" } ], "abstractNote": "Maintaining a satisfactory frequency regulation is a challenging task as more renewable resources are added to the power systems, which calls for new solutions to ensure the security and reliability of a power grid. Because of the fast response, the energy storage is becoming a very attractive means of providing regulation service so as to deal with a large amount of wind/solar generation. This chapter reviews the basic characteristics of energy storage, and explains why the energy storage can outperform the fuel-type machines in the regulation service market. New regulatory change and market design, which could have an influencing impact over the value that energy storage could deliver, are also discussed. The application examples of energy storage in PJM Interconnection and Electric Reliability Council of Texas (ERCOT) are given to demonstrate how the energy storage is operated in the different power markets. © 2015 Elsevier Inc. All rights reserved.", "bookTitle": "Energy Storage for Smart Grids: Planning and Operation for Renewable and Variable Energy Resources (VERs)", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2014", "publisher": "", "place": "", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "pages": "97-113", "ISBN": "978-0-12-409543-4", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "Scopus", "archiveLocation": "", "shortTitle": "", "language": "English", "libraryCatalog": "Scopus", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Energy storage", "type": 1 }, { "tag": "Fast Response", "type": 1 }, { "tag": "Power Market", "type": 1 }, { "tag": "Regulation Service", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T20:45:42Z", "dateModified": "2015-10-26T20:45:42Z" } }, { "key": "8Q7HW8EC", "version": 12, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/8Q7HW8EC", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/8Q7HW8EC", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "Boicea", "parsedDate": "2014-11", "numChildren": 0 }, "data": { "key": "8Q7HW8EC", "version": 12, "itemType": "journalArticle", "title": "Energy Storage Technologies: The Past and the Present", "creators": [ { "creatorType": "author", "firstName": "V.A.", "lastName": "Boicea" } ], "abstractNote": "With the recent advances in the field of applications which require a certain power level over a short period of timeand with the air-quality constraints which have become more stringent in the last few decades, the energy storagesystems (ESSs) have come to play a crucial role for the electric grid. Various aspects such as the historical evolutionof ESSs, technical characteristics, and applications for the ESSs are thoroughly addressed. Special emphasis is given tothe interaction between the smart grid (SG) and microcrogrids applications, on the one hand, and the ESSs, on the otherhand. Thus, the main goal of this work is to present the specialist and nonspecialist review of the most important ESSscurrently available on the market.", "publicationTitle": "Proceedings of the IEEE", "publisher": "", "place": "", "date": "November 2014", "volume": "102", "issue": "11", "section": "", "partNumber": "", "partTitle": "", "pages": "1777-1794", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1109/JPROC.2014.2359545", "citationKey": "", "url": "", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "0018-9219", "archive": "", "archiveLocation": "", "shortTitle": "Energy Storage Technologies", "language": "", "libraryCatalog": "IEEE Xplore", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "ESS", "type": 1 }, { "tag": "Electrodes", "type": 1 }, { "tag": "Energy harvesting", "type": 1 }, { "tag": "Energy storage", "type": 1 }, { "tag": "Lead batteries", "type": 1 }, { "tag": "Printing", "type": 1 }, { "tag": "Renewable energy sources", "type": 1 }, { "tag": "SG", "type": 1 }, { "tag": "Screen printing", "type": 1 }, { "tag": "Superconducting magnetic energy storage", "type": 1 }, { "tag": "air quality", "type": 1 }, { "tag": "batteries", "type": 1 }, { "tag": "compressed air energy storage", "type": 1 }, { "tag": "compressed air energy storage (CAES)", "type": 1 }, { "tag": "compressed air energy storage technology", "type": 1 }, { "tag": "distributed power generation", "type": 1 }, { "tag": "distributed renewable energy sources (DRES)", "type": 1 }, { "tag": "electric smart grid", "type": 1 }, { "tag": "flywheel", "type": 1 }, { "tag": "inkjet-printed batteries", "type": 1 }, { "tag": "inkjet-printed supercapacitors", "type": 1 }, { "tag": "microgrid", "type": 1 }, { "tag": "power grids", "type": 1 }, { "tag": "power markets", "type": 1 }, { "tag": "pumped hydro energy storage", "type": 1 }, { "tag": "smart power grids", "type": 1 }, { "tag": "supercapacitor", "type": 1 }, { "tag": "superconducting magnet energy storage", "type": 1 }, { "tag": "superconducting magnetic energy storage (SMES)", "type": 1 }, { "tag": "superconducting magnetic energy storage system", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T20:44:30Z", "dateModified": "2015-10-26T20:44:30Z" } }, { "key": "CBPA57PG", "version": 11, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/CBPA57PG", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/CBPA57PG", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "Krishnan and Das", "parsedDate": "2015-03-01", "numChildren": 0 }, "data": { "key": "CBPA57PG", "version": 11, "itemType": "journalArticle", "title": "Optimal allocation of energy storage in a co-optimized electricity market: Benefits assessment and deriving indicators for economic storage ventures", "creators": [ { "creatorType": "author", "firstName": "Venkat", "lastName": "Krishnan" }, { "creatorType": "author", "firstName": "Trishna", "lastName": "Das" } ], "abstractNote": "This paper presents a framework for optimally allocating storage technologies in a power system. This decision support tool helps in quantitatively answering the questions on “where to and how much to install” considering the profits from arbitrage opportunities in a co-optimized electricity market. The developed framework is illustrated on a modified IEEE (Institute of Electrical and Electronics Engineers) 24 bus RTS (Reliability Test System), and the framework finds the optimal allocation solution and the revenues storage earns at each of these locations. Bulk energy storage, CAES (compressed air energy storage) is used as the representative storage technology, and the benefits of optimally allocated storage integration onto the grid are compared with transmission expansion solution. The paper also discusses about system-level indicators to identify candidate locations for economical storage ventures, which are derived based on the optimal storage allocation solution; and applies the market price based storage venture indicators on MISO (Mid-continental Independent System Operator) and PJM (Pennsylvania-New Jersey-Maryland Interconnection) electricity markets.", "publicationTitle": "Energy", "publisher": "", "place": "", "date": "March 1, 2015", "volume": "81", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "175-188", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "Energy", "DOI": "10.1016/j.energy.2014.12.016", "citationKey": "", "url": "http://www.sciencedirect.com/science/article/pii/S0360544214013747", "accessDate": "2015-10-26T20:31:05Z", "PMID": "", "PMCID": "", "ISSN": "0360-5442", "archive": "", "archiveLocation": "", "shortTitle": "Optimal allocation of energy storage in a co-optimized electricity market", "language": "", "libraryCatalog": "ScienceDirect", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Arbitrage opportunities", "type": 1 }, { "tag": "Co-optimized market", "type": 1 }, { "tag": "Energy storage", "type": 1 }, { "tag": "Generation cycling", "type": 1 }, { "tag": "Optimal allocation", "type": 1 }, { "tag": "Transmission expansion", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T20:31:05Z", "dateModified": "2015-10-26T20:31:05Z" } }, { "key": "KBGJ6IEF", "version": 11, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/KBGJ6IEF", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/KBGJ6IEF", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "Santiago et al.", "parsedDate": "2015-03", "numChildren": 0 }, "data": { "key": "KBGJ6IEF", "version": 11, "itemType": "conferencePaper", "title": "Analysis of variations in PV production, focussing on storage and dispatchability decisions", "creators": [ { "creatorType": "author", "firstName": "I.", "lastName": "Santiago" }, { "creatorType": "author", "firstName": "D.", "lastName": "Trillo-Montero" }, { "creatorType": "author", "firstName": "J.J.", "lastName": "Luna-Rodriguez" }, { "creatorType": "author", "firstName": "R.", "lastName": "Real-Calvo" }, { "creatorType": "author", "firstName": "A.", "lastName": "Moreno-Munoz" } ], "abstractNote": "Photovoltaic energy has been consolidated as one of the largest sources of renewable energy. Moreover, there is continuous worldwide growth in installed capacity. However, the inherent variability and uncertainty of these power systems are its main inconveniences. It causes undesirable effects on the distribution power grids and prevents it from participating in the electricity market as a manageable or dispatchable energy source. Energy storage could ensure stabilization of decentralized grids and help to enable the penetration of photovoltaic (PV) energy. However, incorporating batteries in PV installations will require increased investment and the concomitant decrease in their profitability. An optimal design of these storage systems, in order to minimize investment costs, could be achieved by means of accurate knowledge of the PV production variations. In this paper these fluctuations are analyzed in two grid-connected photovoltaic plants located in Andalusia, Spain, over a two-year period. Information about the batteries' capacity and life-cycle may be extracted. A smoothing effect has been found if the forecast of photovoltaic production is performed at 60-min. intervals.", "proceedingsTitle": "2015 IEEE International Conference on Industrial Technology (ICIT)", "conferenceName": "2015 IEEE International Conference on Industrial Technology (ICIT)", "publisher": "", "place": "", "date": "March 2015", "eventPlace": "", "volume": "", "issue": "", "numberOfVolumes": "", "pages": "2884-2889", "series": "", "seriesNumber": "", "DOI": "10.1109/ICIT.2015.7125523", "ISBN": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "IEEE Xplore", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Andalusia", "type": 1 }, { "tag": "Clouds", "type": 1 }, { "tag": "Electricity market", "type": 1 }, { "tag": "Energy storage", "type": 1 }, { "tag": "Fluctuations", "type": 1 }, { "tag": "Inverters", "type": 1 }, { "tag": "PV installations", "type": 1 }, { "tag": "PV production", "type": 1 }, { "tag": "Photovoltaic systems", "type": 1 }, { "tag": "Power systems", "type": 1 }, { "tag": "Production", "type": 1 }, { "tag": "Renewable energy", "type": 1 }, { "tag": "Spain", "type": 1 }, { "tag": "batteries", "type": 1 }, { "tag": "decentralized grids", "type": 1 }, { "tag": "dispatchability decisions", "type": 1 }, { "tag": "dispatchable energy source", "type": 1 }, { "tag": "distribution networks", "type": 1 }, { "tag": "distribution power grids", "type": 1 }, { "tag": "fluctuation of PV production", "type": 1 }, { "tag": "grid-connected photovoltaic plants", "type": 1 }, { "tag": "investment costs", "type": 1 }, { "tag": "life-cycle", "type": 1 }, { "tag": "load dispatching", "type": 1 }, { "tag": "manageable energy source", "type": 1 }, { "tag": "photovoltaic energy", "type": 1 }, { "tag": "photovoltaic power systems", "type": 1 }, { "tag": "power grids", "type": 1 }, { "tag": "smoothing effect", "type": 1 }, { "tag": "storage systems", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T20:28:12Z", "dateModified": "2015-10-26T20:28:12Z" } }, { "key": "77F3DDJD", "version": 10, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/77F3DDJD", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/77F3DDJD", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "Zakeri and Syri", "parsedDate": "2015-02", "numChildren": 0 }, "data": { "key": "77F3DDJD", "version": 10, "itemType": "journalArticle", "title": "Electrical energy storage systems: A comparative life cycle cost analysis", "creators": [ { "creatorType": "author", "firstName": "Behnam", "lastName": "Zakeri" }, { "creatorType": "author", "firstName": "Sanna", "lastName": "Syri" } ], "abstractNote": "Large-scale deployment of intermittent renewable energy (namely wind energy and solar PV) may entail new challenges in power systems and more volatility in power prices in liberalized electricity markets. Energy storage can diminish this imbalance, relieving the grid congestion, and promoting distributed generation. The economic implications of grid-scale electrical energy storage technologies are however obscure for the experts, power grid operators, regulators, and power producers. A meticulous techno-economic or cost-benefit analysis of electricity storage systems requires consistent, updated cost data and a holistic cost analysis framework. To this end, this study critically examines the existing literature in the analysis of life cycle costs of utility-scale electricity storage systems, providing an updated database for the cost elements (capital costs, operational and maintenance costs, and replacement costs). Moreover, life cycle costs and levelized cost of electricity delivered by electrical energy storage is analyzed, employing Monte Carlo method to consider uncertainties. The examined energy storage technologies include pumped hydropower storage, compressed air energy storage (CAES), flywheel, electrochemical batteries (e.g. lead–acid, NaS, Li-ion, and Ni–Cd), flow batteries (e.g. vanadium-redox), superconducting magnetic energy storage, supercapacitors, and hydrogen energy storage (power to gas technologies). The results illustrate the economy of different storage systems for three main applications: bulk energy storage, T&D support services, and frequency regulation.", "publicationTitle": "Renewable and Sustainable Energy Reviews", "publisher": "", "place": "", "date": "February 2015", "volume": "42", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "569-596", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "Renewable and Sustainable Energy Reviews", "DOI": "10.1016/j.rser.2014.10.011", "citationKey": "", "url": "http://www.sciencedirect.com/science/article/pii/S1364032114008284", "accessDate": "2015-10-26T20:27:10Z", "PMID": "", "PMCID": "", "ISSN": "1364-0321", "archive": "", "archiveLocation": "", "shortTitle": "Electrical energy storage systems", "language": "", "libraryCatalog": "ScienceDirect", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Battery energy storage", "type": 1 }, { "tag": "Cost of energy storage", "type": 1 }, { "tag": "Electricity market", "type": 1 }, { "tag": "Electricity storage", "type": 1 }, { "tag": "Renewable energy integration", "type": 1 }, { "tag": "Smart grid", "type": 1 }, { "tag": "Techno-economic analysis", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T20:27:10Z", "dateModified": "2015-10-26T20:27:10Z" } }, { "key": "TI27TCRU", "version": 9, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/TI27TCRU", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/TI27TCRU", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "Delfanti et al.", "parsedDate": "2015-08", "numChildren": 0 }, "data": { "key": "TI27TCRU", "version": 9, "itemType": "journalArticle", "title": "Energy storage for PV power plant dispatching", "creators": [ { "creatorType": "author", "firstName": "Maurizio", "lastName": "Delfanti" }, { "creatorType": "author", "firstName": "Davide", "lastName": "Falabretti" }, { "creatorType": "author", "firstName": "Marco", "lastName": "Merlo" } ], "abstractNote": "Energy from the sun is weather-dependent. In modern electric grids that is a shortcoming; generation (and load) has to be regulated accordingly. This issue is a cornerstone for an effective transition to a renewable-based energy system. Weather forecast algorithms can predict photovoltaic production but, in real life conditions, their reliability is only partially effective with respect to the actual grid operation requirements. In the paper, Energy Storage Systems are adopted to compensate the mismatch between the injections of a photovoltaic power plant and the day-ahead market power schedule: the final goal is to achieve the full programmability of the photovoltaic resource by minimizing energy imbalances, as defined in the Italian regulatory framework, on an hourly basis. In particular, the optimal design of the storage apparatus (nominal power and capacity) is defined according to the regulating performances required. Moreover, three forecast models are tested to evaluate the impact of weather prediction accuracy on the ESS design. Finally, the benefit/cost ratio of the ESS application is assessed according to the main economic and technical parameters (ESS cost, round trip efficiency, lifespan). The analyses are performed on data measured on a real power plant, with hypotheses consistent with the actual Italian scenario.", "publicationTitle": "Renewable Energy", "publisher": "", "place": "", "date": "August 2015", "volume": "80", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "61-72", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "Renewable Energy", "DOI": "10.1016/j.renene.2015.01.047", "citationKey": "", "url": "http://www.sciencedirect.com/science/article/pii/S0960148115000658", "accessDate": "2015-10-26T20:25:07Z", "PMID": "", "PMCID": "", "ISSN": "0960-1481", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "ScienceDirect", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Cost/benefit analysis", "type": 1 }, { "tag": "Energy imbalances", "type": 1 }, { "tag": "Energy storage system", "type": 1 }, { "tag": "Forecasting methods", "type": 1 }, { "tag": "Photovoltaic", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T20:25:07Z", "dateModified": "2015-10-26T20:25:07Z" } }, { "key": "4MA2S4TG", "version": 8, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/4MA2S4TG", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/4MA2S4TG", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "McConnell et al.", "parsedDate": "2015-12-01", "numChildren": 0 }, "data": { "key": "4MA2S4TG", "version": 8, "itemType": "journalArticle", "title": "Estimating the value of electricity storage in an energy-only wholesale market", "creators": [ { "creatorType": "author", "firstName": "Dylan", "lastName": "McConnell" }, { "creatorType": "author", "firstName": "Tim", "lastName": "Forcey" }, { "creatorType": "author", "firstName": "Mike", "lastName": "Sandiford" } ], "abstractNote": "Price volatility and increasing renewable energy generation have raised interest in the potential opportunities for storage technologies in energy-only electricity markets. In this paper we explore the value of a price-taking storage device in such a market, the National Electricity Market (NEM) in Australia. Our analysis suggests that under optimal operation, there is little value in having more than six hours of storage in this market. However, an inability to perfectly forecast wholesale prices, particularly extreme price spikes, may warrant some additional storage. We found that storage devices effectively provide a similar service to peak generators and are similarly dependent on and exposed to extreme price events, with revenue for a merchant generator highly skewed to a few days of the year. As a consequence of this finding, and in contrast to previous studies, the value of storage was found to be relatively insensitive to the round trip efficiency. We also found that the variability of revenue and exposure to extreme prices could be reduced using common hedging strategies, such as those currently used by peak generators. We present a case study that demonstrates storage technologies using such strategies may have a competitive advantage over other peaking generators in the NEM, due to the ability to earn revenue outside of extreme peak events. Similar to traditional peak generators, a main driver for storage options in an energy-only electricity market is extreme prices, which in turn is dependent on capacity requirements. However storage technologies can receive additional revenue streams, which may be improved by increased integration of renewable energy.", "publicationTitle": "Applied Energy", "publisher": "", "place": "", "date": "December 1, 2015", "volume": "159", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "422-432", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "Applied Energy", "DOI": "10.1016/j.apenergy.2015.09.006", "citationKey": "", "url": "http://www.sciencedirect.com/science/article/pii/S0306261915010740", "accessDate": "2015-10-26T20:17:38Z", "PMID": "", "PMCID": "", "ISSN": "0306-2619", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "ScienceDirect", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Arbitrage", "type": 1 }, { "tag": "Electricity storage", "type": 1 }, { "tag": "Energy-only market", "type": 1 }, { "tag": "Pumped hydro", "type": 1 }, { "tag": "Volatility", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T20:17:38Z", "dateModified": "2015-10-26T20:17:38Z" } }, { "key": "6M9IGZ7T", "version": 7, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/6M9IGZ7T", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/6M9IGZ7T", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "Brouwer et al.", "parsedDate": "2016-01-01", "numChildren": 0 }, "data": { "key": "6M9IGZ7T", "version": 7, "itemType": "journalArticle", "title": "Least-cost options for integrating intermittent renewables in low-carbon power systems", "creators": [ { "creatorType": "author", "firstName": "Anne Sjoerd", "lastName": "Brouwer" }, { "creatorType": "author", "firstName": "Machteld", "lastName": "van den Broek" }, { "creatorType": "author", "firstName": "William", "lastName": "Zappa" }, { "creatorType": "author", "firstName": "Wim C.", "lastName": "Turkenburg" }, { "creatorType": "author", "firstName": "André", "lastName": "Faaij" } ], "abstractNote": "Large power sector CO2 emission reductions are needed to meet long-term climate change targets. Intermittent renewable energy sources (intermittent-RES) such as wind and solar PV can be a key component of the resulting low-carbon power systems. Their intermittency will require more flexibility from the rest of the power system to maintain system stability. In this study, the efficacy of five complementary options to integrate intermittent-RES at the lowest cost is evaluated with the PLEXOS hourly power system simulation tool for Western Europe in the year 2050. Three scenarios to reduce CO2 emissions by 96% and maintain system reliability are investigated: 40%, 60% and 80% of annual power generation by RES. This corresponds to 22%, 41% and 59% of annual power generation by intermittent-RES. This study shows that higher penetration of RES will increase the total system costs: they increase by 12% between the 40% and 80% RES scenarios. Key drivers are the relatively high investment costs and integration costs of intermittent-RES. It is found that total system costs can be reduced by: (1) Demand response (DR) (2–3% reduction compared to no DR deployment); (2) natural gas-fired power plants with and without Carbon Capture and Storage (CCS) (12% reduction from mainly replacing RES power generation between the 80% and 40% RES scenarios); (3) increased interconnection capacity (0–1% reduction compared to the current capacity); (4) curtailment (2% reduction in 80% RES scenario compared to no curtailment); (5) electricity storage increases total system costs in all scenarios (0.1–3% increase compared to only current storage capacity). The charging costs and investment costs make storage relatively expensive, even projecting cost reductions of 40% for Compressed Air Energy Storage (CAES) and 70% for batteries compared to 2012. All scenarios are simulated as energy only markets, and experience a “revenue gap” for both complementary options and other power generators: only curtailment and DR are profitable due to their low cost. The revenue gap becomes progressively more pronounced in the 60% and 80% RES scenarios, as the low marginal costs of RES reduce electricity prices.", "publicationTitle": "Applied Energy", "publisher": "", "place": "", "date": "January 1, 2016", "volume": "161", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "48-74", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "Applied Energy", "DOI": "10.1016/j.apenergy.2015.09.090", "citationKey": "", "url": "http://www.sciencedirect.com/science/article/pii/S0306261915012167", "accessDate": "2015-10-26T20:14:40Z", "PMID": "", "PMCID": "", "ISSN": "0306-2619", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "ScienceDirect", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "CO2 emission reduction", "type": 1 }, { "tag": "Demand response", "type": 1 }, { "tag": "Electricity storage", "type": 1 }, { "tag": "Flexibility", "type": 1 }, { "tag": "Intermittent renewable sources", "type": 1 }, { "tag": "Power system modeling", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T20:14:40Z", "dateModified": "2015-10-26T20:14:40Z" } }, { "key": "DABWE5Z7", "version": 6, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/DABWE5Z7", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/DABWE5Z7", "type": "text/html" }, "up": { "href": "https://api.zotero.org/groups/420289/items/5BAGZ2E9", "type": "application/json" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "numChildren": 0 }, "data": { "key": "DABWE5Z7", "version": 6, "parentItem": "5BAGZ2E9", "itemType": "note", "note": "Export Date: 26 October 2015
", "tags": [], "relations": {}, "dateAdded": "2015-10-26T20:13:45Z", "dateModified": "2015-10-26T20:13:45Z" } }, { "key": "H4ET5FWV", "version": 5, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/H4ET5FWV", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/H4ET5FWV", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "Eyer and Corey", "parsedDate": "2010-02-01", "numChildren": 0 }, "data": { "key": "H4ET5FWV", "version": 5, "itemType": "report", "title": "Energy Storage for the Electricity Grid: Benefits and Market Potential Assessment Guide: A Study for the Doe Energy Storage Systems Program.", "creators": [ { "creatorType": "author", "firstName": "James M. (Distributed Utility Associates", "lastName": "Eyer" }, { "creatorType": "author", "firstName": "Garth P. (KTech Corporation", "lastName": "Corey" } ], "abstractNote": "", "reportNumber": "SAND2010-0815", "reportType": "", "institution": "Sandia National Laboratories", "place": "", "date": "2010/02/01", "seriesTitle": "", "seriesNumber": "", "pages": "", "DOI": "", "ISBN": "", "citationKey": "", "url": "http://www.osti.gov/scitech/biblio/1031895", "accessDate": "2015-10-26T19:56:36Z", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "Energy Storage for the Electricity Grid", "language": "English", "libraryCatalog": "www.osti.gov", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Energy storage", "type": 1 }, { "tag": "economics", "type": 1 }, { "tag": "electricity", "type": 1 }, { "tag": "energy storage systems", "type": 1 }, { "tag": "market", "type": 1 }, { "tag": "prices", "type": 1 }, { "tag": "storage", "type": 1 }, { "tag": "targets", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T19:56:36Z", "dateModified": "2015-10-26T19:56:36Z" } }, { "key": "JNXVVDPG", "version": 4, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/JNXVVDPG", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/JNXVVDPG", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "He et al.", "parsedDate": "2012", "numChildren": 0 }, "data": { "key": "JNXVVDPG", "version": 4, "itemType": "journalArticle", "title": "Overview on Key Technologies of Grid-Connected Wind Power Based on Energy Storage", "creators": [ { "creatorType": "author", "firstName": "Gui Xiong", "lastName": "He" }, { "creatorType": "author", "firstName": "Zhe", "lastName": "Jiang" }, { "creatorType": "author", "firstName": "Li Min", "lastName": "Jiang" }, { "creatorType": "author", "firstName": "Hua Guang", "lastName": "Yan" }, { "creatorType": "author", "firstName": "Xiao Bing", "lastName": "Yang" } ], "abstractNote": "", "publicationTitle": "Advanced Materials Research", "publisher": "", "place": "", "date": "12/2012", "volume": "608-609", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "668-672", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.4028/www.scientific.net/AMR.608-609.668", "citationKey": "", "url": "http://www.scientific.net/AMR.608-609.668", "accessDate": "2015-10-26T19:55:37Z", "PMID": "", "PMCID": "", "ISSN": "1662-8985", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2015-10-26T19:55:37Z", "dateModified": "2015-10-26T19:55:37Z" } }, { "key": "NEBSKXWU", "version": 3, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/NEBSKXWU", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/NEBSKXWU", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "numChildren": 0 }, "data": { "key": "NEBSKXWU", "version": 3, "itemType": "webpage", "title": "Hydrogen Energy Storage for Grid and Transportation Services Workshop | Department of Energy", "creators": [], "abstractNote": "", "websiteTitle": "", "websiteType": "", "date": "", "publisher": "", "place": "", "DOI": "", "citationKey": "", "url": "http://energy.gov/eere/fuelcells/downloads/hydrogen-energy-storage-grid-and-transportation-services-workshop", "accessDate": "2015-10-26T17:42:07Z", "shortTitle": "", "language": "", "rights": "", "extra": "", "tags": [], "collections": [], "relations": {}, "dateAdded": "2015-10-26T17:42:07Z", "dateModified": "2015-10-26T17:42:07Z" } }, { "key": "SUQPTJBM", "version": 2, "library": { "type": "group", "id": 420289, "name": "Energy Storage Market", "links": { "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/420289/items/SUQPTJBM", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/energy_storage_market/items/SUQPTJBM", "type": "text/html" } }, "meta": { "createdByUser": { "id": 1261598, "username": "Bibliobomb", "name": "Alex Hernandez", "links": { "alternate": { "href": "https://www.zotero.org/bibliobomb", "type": "text/html" } } }, "creatorSummary": "Castillo and Gayme", "parsedDate": "2014-11", "numChildren": 0 }, "data": { "key": "SUQPTJBM", "version": 2, "itemType": "journalArticle", "title": "Grid-scale energy storage applications in renewable energy integration: A survey", "creators": [ { "creatorType": "author", "firstName": "Anya", "lastName": "Castillo" }, { "creatorType": "author", "firstName": "Dennice F.", "lastName": "Gayme" } ], "abstractNote": "This paper examines both the potential of and barriers to grid-scale energy storage playing a substantive role in transitioning to an efficient, reliable and cost-effective power system with a high penetration of renewable energy sources. Grid-scale storage is a term that describes a number of different technologies with a wide range of characteristics. This versatility leads to the use of storage to perform a number of grid-services. We first enumerate these services, with an emphasize on those that are best suited to mitigate the effects of uncertainty and variability associated with intermittent, non-dispatchable renewable energy sources. We then provide an overview of the current methods to evaluate grid-integrated storage, summarize key findings, and highlight ongoing challenges to large-scale adoption of grid-scale energy storage. We focus on one particular area that is critical to both the efficient use of energy storage in the power grid and its long-term economic viability: the conflict between the technical benefits of this resource, which can provide both power and energy related grid-services (in some cases simultaneously), and the economic challenges of compensating these services within the current market structures. We then examine recent progress in addressing these issues through regulatory changes and other initiatives designed to mitigate previous market failures. This discussion is followed by some remarks about ongoing regulatory and market design challenges. The paper closes with a summary of the ideas presented and a discussion of critical research needs.", "publicationTitle": "Energy Conversion and Management", "publisher": "", "place": "", "date": "November 2014", "volume": "87", "issue": "", "section": "", "partNumber": "", "partTitle": "", "pages": "885-894", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "Energy Conversion and Management", "DOI": "10.1016/j.enconman.2014.07.063", "citationKey": "", "url": "http://www.sciencedirect.com/science/article/pii/S0196890414007018", "accessDate": "2015-10-26T17:40:26Z", "PMID": "", "PMCID": "", "ISSN": "0196-8904", "archive": "", "archiveLocation": "", "shortTitle": "Grid-scale energy storage applications in renewable energy integration", "language": "", "libraryCatalog": "ScienceDirect", "callNumber": "", "rights": "", "extra": "", "tags": [ { "tag": "Energy markets", "type": 1 }, { "tag": "Energy policy", "type": 1 }, { "tag": "Energy storage", "type": 1 }, { "tag": "Power systems", "type": 1 }, { "tag": "Renewable energy", "type": 1 } ], "collections": [], "relations": {}, "dateAdded": "2015-10-26T17:40:26Z", "dateModified": "2015-10-26T17:40:26Z" } } ]