A Market Assessment of Distributed Battery Energy Storage to Facilitate Higher Renewable Penetration in an Isolated Power System
Power systems with a high share of renewables require additional ancillary services to operate safely and reliably. System operators are introducing schemes to attract investment in technology which will provide ancillary services. Battery storage can provide some of these services but investment in...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
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IEEE
2022-01-01
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| Series: | IEEE Access |
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| Online Access: | https://ieeexplore.ieee.org/document/9664554/ |
| _version_ | 1828147563217289216 |
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| author | Neil McIlwaine Aoife M. Foley Dlzar Al Kez Robert Best Xi Lu Chongyu Zhang |
| author_facet | Neil McIlwaine Aoife M. Foley Dlzar Al Kez Robert Best Xi Lu Chongyu Zhang |
| author_sort | Neil McIlwaine |
| collection | DOAJ |
| description | Power systems with a high share of renewables require additional ancillary services to operate safely and reliably. System operators are introducing schemes to attract investment in technology which will provide ancillary services. Battery storage can provide some of these services but investment in equipment is required. This study investigates the potential benefits of energy storage and tests the market arrangements to attract investment. The study uses a combination of numerical and system analyses to test the financial performance. A dynamic economic dispatch model was used to evaluate the system costs and emission levels. A unit commitment model was used to measure the reserve cost. Both models use real-time load data for a region in the Irish electricity market. The ancillary service revenue is modelled based on actual renewable levels for the Irish system. The frequency and rate of change of frequency response are evaluated by introducing a disturbance to the system model with and without energy storage. The results were used to test investment opportunities using established financial appraisal techniques. |
| first_indexed | 2024-04-11T21:02:06Z |
| format | Article |
| id | doaj.art-9abf32f9ef594b3e96b98f158080d38a |
| institution | Directory Open Access Journal |
| issn | 2169-3536 |
| language | English |
| last_indexed | 2024-04-11T21:02:06Z |
| publishDate | 2022-01-01 |
| publisher | IEEE |
| record_format | Article |
| series | IEEE Access |
| spelling | doaj.art-9abf32f9ef594b3e96b98f158080d38a2022-12-22T04:03:28ZengIEEEIEEE Access2169-35362022-01-01102382239810.1109/ACCESS.2021.31391599664554A Market Assessment of Distributed Battery Energy Storage to Facilitate Higher Renewable Penetration in an Isolated Power SystemNeil McIlwaine0https://orcid.org/0000-0001-8372-962XAoife M. Foley1https://orcid.org/0000-0001-6491-2592Dlzar Al Kez2https://orcid.org/0000-0002-3736-6722Robert Best3https://orcid.org/0000-0001-7910-3018Xi Lu4Chongyu Zhang5https://orcid.org/0000-0002-7302-595XSchool of Electronics, Electrical Engineering and Computer Science, Queen’s University Belfast, Belfast, U.K.School of Mechanical and Aerospace Engineering, Queen’s University Belfast, Belfast, U.K.School of Electronics, Electrical Engineering and Computer Science, Queen’s University Belfast, Belfast, U.K.School of Electronics, Electrical Engineering and Computer Science, Queen’s University Belfast, Belfast, U.K.School of Environment, Tsinghua University, Beijing, ChinaSchool of Environment, Tsinghua University, Beijing, ChinaPower systems with a high share of renewables require additional ancillary services to operate safely and reliably. System operators are introducing schemes to attract investment in technology which will provide ancillary services. Battery storage can provide some of these services but investment in equipment is required. This study investigates the potential benefits of energy storage and tests the market arrangements to attract investment. The study uses a combination of numerical and system analyses to test the financial performance. A dynamic economic dispatch model was used to evaluate the system costs and emission levels. A unit commitment model was used to measure the reserve cost. Both models use real-time load data for a region in the Irish electricity market. The ancillary service revenue is modelled based on actual renewable levels for the Irish system. The frequency and rate of change of frequency response are evaluated by introducing a disturbance to the system model with and without energy storage. The results were used to test investment opportunities using established financial appraisal techniques.https://ieeexplore.ieee.org/document/9664554/Battery energy storagefrequency nadirrate of change of frequencyrenewablesancillary servicesfinancial feasibility |
| spellingShingle | Neil McIlwaine Aoife M. Foley Dlzar Al Kez Robert Best Xi Lu Chongyu Zhang A Market Assessment of Distributed Battery Energy Storage to Facilitate Higher Renewable Penetration in an Isolated Power System IEEE Access Battery energy storage frequency nadir rate of change of frequency renewables ancillary services financial feasibility |
| title | A Market Assessment of Distributed Battery Energy Storage to Facilitate Higher Renewable Penetration in an Isolated Power System |
| title_full | A Market Assessment of Distributed Battery Energy Storage to Facilitate Higher Renewable Penetration in an Isolated Power System |
| title_fullStr | A Market Assessment of Distributed Battery Energy Storage to Facilitate Higher Renewable Penetration in an Isolated Power System |
| title_full_unstemmed | A Market Assessment of Distributed Battery Energy Storage to Facilitate Higher Renewable Penetration in an Isolated Power System |
| title_short | A Market Assessment of Distributed Battery Energy Storage to Facilitate Higher Renewable Penetration in an Isolated Power System |
| title_sort | market assessment of distributed battery energy storage to facilitate higher renewable penetration in an isolated power system |
| topic | Battery energy storage frequency nadir rate of change of frequency renewables ancillary services financial feasibility |
| url | https://ieeexplore.ieee.org/document/9664554/ |
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