Capacity worth of energy storage systems for renewable power generation plants
The capacity factor and the cost of electricity of a combination of wind farm and compressed air energy storage (CAES) with a dedicated transmission line are explored in this project. As wind power is intermittent in nature, the use of CAES as the energy storage system could make the power output mo...
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
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2010
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| Online Access: | http://hdl.handle.net/10356/40159 |
| _version_ | 1811676638655545344 |
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| author | Lim, Wei Chan. |
| author2 | Choi San Shing |
| author_facet | Choi San Shing Lim, Wei Chan. |
| author_sort | Lim, Wei Chan. |
| collection | NTU |
| description | The capacity factor and the cost of electricity of a combination of wind farm and compressed air energy storage (CAES) with a dedicated transmission line are explored in this project. As wind power is intermittent in nature, the use of CAES as the energy storage system could make the power output more controllable. Two scenarios are studied. In the first scenario, the transmission line capacity and the CAES rated output are varied while the wind farm size is fixed to simulate the optimum output in terms of the capacity factor and cost of electricity. It was found that the addition of CAES to the system does not justify the significant increase in cost. In the second scenario the transmission line capacity is fixed and the wind farm is sized larger than the baseline approach. The optimum size for the wind farm was found to be 2 times the transmission capacity, with the capacity factor almost approaching 100 percent and having the lowest cost of electricity production among all the wind farm sizes. |
| first_indexed | 2024-10-01T02:24:39Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/40159 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T02:24:39Z |
| publishDate | 2010 |
| record_format | dspace |
| spelling | ntu-10356/401592023-07-07T15:49:23Z Capacity worth of energy storage systems for renewable power generation plants Lim, Wei Chan. Choi San Shing Don Mahinda Vilathgamuwa School of Electrical and Electronic Engineering DRNTU::Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution The capacity factor and the cost of electricity of a combination of wind farm and compressed air energy storage (CAES) with a dedicated transmission line are explored in this project. As wind power is intermittent in nature, the use of CAES as the energy storage system could make the power output more controllable. Two scenarios are studied. In the first scenario, the transmission line capacity and the CAES rated output are varied while the wind farm size is fixed to simulate the optimum output in terms of the capacity factor and cost of electricity. It was found that the addition of CAES to the system does not justify the significant increase in cost. In the second scenario the transmission line capacity is fixed and the wind farm is sized larger than the baseline approach. The optimum size for the wind farm was found to be 2 times the transmission capacity, with the capacity factor almost approaching 100 percent and having the lowest cost of electricity production among all the wind farm sizes. Bachelor of Engineering 2010-06-11T02:48:15Z 2010-06-11T02:48:15Z 2010 2010 Final Year Project (FYP) http://hdl.handle.net/10356/40159 en Nanyang Technological University 75 p. application/pdf |
| spellingShingle | DRNTU::Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution Lim, Wei Chan. Capacity worth of energy storage systems for renewable power generation plants |
| title | Capacity worth of energy storage systems for renewable power generation plants |
| title_full | Capacity worth of energy storage systems for renewable power generation plants |
| title_fullStr | Capacity worth of energy storage systems for renewable power generation plants |
| title_full_unstemmed | Capacity worth of energy storage systems for renewable power generation plants |
| title_short | Capacity worth of energy storage systems for renewable power generation plants |
| title_sort | capacity worth of energy storage systems for renewable power generation plants |
| topic | DRNTU::Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution |
| url | http://hdl.handle.net/10356/40159 |
| work_keys_str_mv | AT limweichan capacityworthofenergystoragesystemsforrenewablepowergenerationplants |