DocumentCode :
34924
Title :
Assessing the Economic Benefits of Compressed Air Energy Storage for Mitigating Wind Curtailment
Author :
Cleary, Brendan ; Duffy, Aidan ; O´Connor, Alan ; Conlon, Michael ; Fthenakis, Vasilis
Author_Institution :
Dublin Energy Lab., Dublin Inst. of Technol., Dublin, Ireland
Volume :
6
Issue :
3
fYear :
2015
fDate :
Jul-15
Firstpage :
1021
Lastpage :
1028
Abstract :
Renewable energy generation in the All-Island of Ireland (AII) is set to increase by 2020 due to binding renewable energy targets. To achieve these targets, there will be periods of time when 75% of electricity will be generated mainly from onshore wind. Currently, the AII system can accommodate a 50% maximum permissible instantaneous level of wind generation. The system operators must make system-wide wind curtailment decisions to ensure that this level is not breached. Subsequently, the ability to limit wind curtailment using large-scale energy storage such as pumped hydroelectric energy storage and compressed air energy storage (CAES) is increasingly being scrutinized as a viable option. Thus, the aims of this paper are to estimate the level of wind curtailment on the 2020 AII system for various scenarios including with and without CAES, and assess and quantify the revenue loss due to wind curtailment using power systems simulation software PLEXOS.
Keywords :
compressed air energy storage; power generation economics; wind power; PLEXOS software; compressed air energy storage; economic benefits; large-scale energy storage; power systems simulation; pumped hydroelectric energy storage; wind curtailment mitigation; wind generation; Analytical models; Electricity; Energy storage; Generators; Heating; Nickel; Predictive models; Compressed air energy storage (CAES); PLEXOS; energy markets; power system economics; power system modeling; power system operation; revenue; total generation costs; wind curtailment; wind power;
fLanguage :
English
Journal_Title :
Sustainable Energy, IEEE Transactions on
Publisher :
ieee
ISSN :
1949-3029
Type :
jour
DOI :
10.1109/TSTE.2014.2376698
Filename :
7018991
Link To Document :
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