21 research outputs found
A review of pumped hydro energy storage development in significant international electricity markets
The global effort to decarbonise electricity systems has led to widespread deployments of variable renewable energy generation technologies, which in turn has boosted research and development interest in bulk Electrical Energy Storage (EES). However despite large increases in research funding, many electricity markets with increasingly large proportions of variable renewable generation have seen little actual bulk EES deployment. While this can be partly attributed to the need for technological developments, it is also due to the challenge of fairly rewarding storage operators for the range of services that storage provides to the wider network, especially in markets that have undergone significant restructuring and liberalisation. Pumped Hydroelectric Energy Storage (PHES) is the overwhelmingly established bulk EES technology (with a global installed capacity around 130 GW) and has been an integral part of many markets since the 1960s. This review provides an historical overview of the development of PHES in several significant electrical markets and compares a number of mechanisms that can reward PHES in different international market frameworks. As well as providing up-to-date information about PHES, a primary motivation for this work is to provide an overview about the types of rewards available to bulk EES for the wider storage community including investors, technology developers and policy-makers. Observing that bulk EES projects seem to be unattractive investments for the private sector, the paper also includes a brief discussion in terms of public sector investment
Optimum community energy storage system for demand load shifting
Community energy storage (CES) is becoming an attractive technological option to facilitate the use of distributed renewable energy generation, manage demand loads and decarbonise the residential sector. There is strong interest in understanding the techno-economic benefits of using CES systems, which energy storage technology is more suitable and the optimum CES size. In this study, the performance including equivalent full cycles and round trip efficiency of lead-acid (PbA) and lithium-ion (Li-ion) batteries performing demand load shifting are quantified as a function of the size of the community using simulation-based optimisation. Two different retail tariffs are compared: a time-of-use tariff (Economy 7) and a real-time-pricing tariff including four periods based on the electricity prices on the wholesale market. Additionally, the economic benefits are quantified when projected to two different years: 2020 and a hypothetical zero carbon year.
The findings indicate that the optimum PbA capacity was approximately twice the optimum Li-ion capacity in the case of the real-time-pricing tariff and around 1.6 times for Economy 7 for any community size except a single home. The levelised cost followed a negative logarithmic trend while the internal rate of return followed a positive logarithmic trend as a function of the size of the community. PbA technology reduced the levelised cost down to 0.14 ÂŁ/kW h when projected to the year 2020 for the retail tariff Economy 7. CES systems were sized according to the demand load and this approximated the performance of PbA and Li-ion batteries, the capital cost per unit energy storage (kW h) of the latter assumed to be the double
Technical performance analysis and economic evaluation of a compressed air energy storage system integrated with an organic Rankine cycle
© 2017 Elsevier Ltd Energy storage becomes increasingly important in balancing electricity supply and demand due to the rise of intermittent power generation from renewable sources. The compressed air energy storage (CAES) system as one of the large scale ( > 100 MW) energy storage technologies has been commercially deployed in Germany and the USA. However, the efficiency of current commercial CAES plants still needs to be improved. In this study, an integrated system consisting of a CAES system and an organic Rankine cycle (ORC) was proposed to recover the waste heat from intercoolers and aftercooler in the charging process and exhaust stream of the recuperator in discharging process of the CAES system. Steady state process models of the CAES system and ORC were developed in Aspen Plus®. These models were validated using data from the literature and the results appear in a good agreement. Process analysis was carried out using the validated models regarding the impact of different organic working fluids (R123, R134a, R152a, R245fa, R600a) of ORC and expander inlet pressures of the ORC on system performance. It was found that integrating ORC with the CAES system as well as selecting appropriate working fluid was a reasonable approach for improving performance of the CAES system. The round-trip efficiency was improved by 3.32–3.95% using five working fluids, compared to that of the CAES system without ORC. Economic evaluation on levelized cost of electricity (LCOE) was performed using Aspen Process Economic Analyser® (APEA). Different working fluids in ORC and different power sources (e.g. wind and solar) associated with the integrated system were considered to estimate the LCOEs. It was found that the LCOEs for the integrated system were competitive with fossil-fuel fired power and even lower than offshore wind power and solar power. The proposed research presented in this paper hopes to shed light on how to improve efficiency and reduce cost when implementing CAES
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Characteristics of Electricity Storage Technologies for Maintaining Reliability of Grid with High Amounts of Intermittent Energy
For the grid to be stable, the supply of power must equal the demands of the consumer at every moment during the day. The unpredictable intermittent nature of wind results in inconsistent power generation. Energy storage technologies coupled with a wind farm can not only provide power during fluctuations but also maintain a stable and reliable grid. The objective of the thesis is to perform a comprehensive analysis of different types of energy storage technologies that can be coupled with a wind farm. The analysis is performed on the basis of multiple characteristics which affect their viability. We identified key characteristics for a range of storage technologies, including lead-acid, sodium-sulphur, nickel cadmium, lithium-ion, superconducting magnetic energy storage, electrochemical capacitors, flywheels, flow batteries, pumped hydro and compressed air energy storage systems. We performed a comparison study to analyze trade-offs and assessed potential improvement areas that will make them more competitive in the electric power industry. We suggested viable energy storage systems that could be better and suitable for different applications for an electric grid integrated with a wind farm