相关论文: Value of Storage for Renewable Portfolio Standard
This paper presents a multi-stage expansion model for the co-planning of transmission lines, battery energy storage (ES), and wind power plants (WPP). High penetration of renewable energy sources (RES) is integrated into the proposed model…
With the increasing proportion of variable renewable energy which owns fluctuation characteristics and the promotion of the Clean Heating policy, the seasonal energy imbalance of the system has been more and more challenging. There is a…
Swift and deep decarbonisation of electricity generation is central to enabling a timely transition to net-zero emission energy systems. While future power systems will likely be dominated by variable renewables (VRE), studies have…
The power grid is undergoing significant restructuring driven by the adoption of wind/solar power and the incorporation of new flexible technologies that can shift load in space and time (e.g., data centers, battery storage, and modular…
Most power systems are increasingly based on distributed energy resources, leading to a strong impact on the electrical grid management. In the case of Portugal, the contribution of renewable energy sources to the electricity generation…
The Intergovernmental Panel on Climate Change proposes different mitigation strategies to achieve the net emissions reductions that would be required to follow a pathway that limits global warming to 1.5{\deg}C with no or limited overshoot.…
This paper develops a multi-period optimization framework to design a voluntary renewable program (VRP) for an electric utility company, aiming to maximize total renewable energy deployments. In the business model of VRP, the utility must…
Storage is vital to power systems as it provides the urgently needed flexibility to the system. Meanwhile, it can contribute more than flexibility. In this paper, we study the possibility of utilizing storage system for carbon emission…
As a critical component of modern infrastructure, data centers account for a huge amount of power consumption and greenhouse gas emission. This paper studies the electricity purchase strategy for a data center to lower its energy cost while…
Maximizing revenue for grid-scale battery energy storage systems in continuous intraday electricity markets requires strategies that are able to seize trading opportunities as soon as new information arrives. This paper introduces and…
Efficiently integrating renewable resources into electricity markets is vital for addressing the challenges of matching real-time supply and demand while reducing the significant energy wastage resulting from curtailments. To address this…
Operational flexibility is an important property of electric power systems and plays a crucial role for the transition of today's power systems, many of them based on fossil fuels, towards power systems that can efficiently accommodate high…
As the cost of renewable energy falls below fossil fuels, the most important challenge to enable widespread sustainable power generation has become making renewables dispatchable. Low cost energy storage can provide this dispatchability,…
This paper proposes a novel framework to price energy storage in economic dispatch with a social welfare maximization objective. This framework can be utilized by power system operators to generate default bids for storage or to benchmark…
Integrating renewable energy production into the electricity grid is an important policy goal to address climate change. However, such an integration faces economic and technological challenges. As power generation by renewable sources…
Large scale electricity storage is set to play an increasingly important role in the management of future energy networks. A major aspect of the economics of such projects is captured in arbitrage, i.e. buying electricity when it is cheap…
Load shifting by commercial and industrial power consumers reduces costs and Scope 2 emissions for the consumer and the grid. Incentivizing this behavior requires tools for valuing flexibility amidst the heterogeneity in load…
Planning for power systems with high penetrations of variable renewable energy requires higher spatial and temporal granularity. However, most publicly available test systems are of insufficient fidelity for developing methods and tools for…
The fluctuations of electricity prices in demand response schemes and intermittency of renewable energy supplies necessitate the adoption of energy storage in microgrids. However, it is challenging to design effective real-time energy…
Battery storage is essential to enhance the flexibility and reliability of electric power systems by providing auxiliary services and load shifting. Storage owners typically gains incentives from quick responses to auxiliary service prices,…