Download or read book Techno economic Modeling of the Integration of 20 Wind and Large scale Energy Storage in ERCOT by 2030 written by and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This study's objective is to examine interrelated technical and economic avenues for the Electric Reliability Council of Texas (ERCOT) grid to incorporate up to and over 20% wind generation by 2030. Our specific interests are to look at the factors that will affect the implementation of both high level of wind power penetration (> 20% generation) and installation of large scale storage.
Download or read book A Grid level Unit Commitment Assessment of High Wind Penetration and Utilization of Compressed Air Energy Storage in ERCOT written by Jared Brett Garrison and published by . This book was released on 2014 with total page 972 pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging integration of renewable energy has prompted a wide range of research on the use of energy storage to compensate for the added uncertainty that accompanies these resources. In the Electric Reliability Council of Texas (ERCOT), compressed air energy storage (CAES) has drawn particular attention because Texas has suitable geology and also lacks appropriate resources and locations for pumped hydroelectric storage (PHS). While there have been studies on incorporation of renewable energy, utilization of energy storage, and dispatch optimization, this is the first body of work to integrate all these subjects along with the proven ability to recreate historical dispatch and price conditions. To quantify the operational behavior, economic feasibility, and environmental impacts of CAES, this work utilized sophisticated unit commitment and dispatch (UC&D) models that determine the least-cost dispatch for meeting a set of grid and generator constraints. This work first addressed the ability of these models to recreate historical dispatch and price conditions through a calibration analysis that incorporated major model improvements such as capacity availability and sophisticated treatment of combined heat and power (CHP) plants. These additions appreciably improved the consistency of the model results when compared to historical ERCOT conditions. An initial UC&D model was used to investigate the impacts on the dispatch of a future high wind generation scenario with the potential to utilize numerous CAES facilities. For all future natural gas prices considered, the addition of CAES led to reduced use of high marginal cost generator types, increased use of base-load generator types, and average reductions in the total operating costs of 3.7 million dollars per week. Additional analyses demonstrated the importance of allowing CAES to participate in all available energy and ancillary services (AS) markets and that a reduction in future thermal capacity would increase the use of CAES. A second UC&D model, which incorporated advanced features like variable marginal heat rates, was used to analyze the influence of future wind generation variability on the dispatch and resulting environmental impacts. This analysis revealed that higher amounts of wind variability led to an increase in the daily net load ramping requirements which resulted in less use of coal and nuclear generators in favor of faster ramping units along with reductions in emissions and water use. The changes to the net load also resulted in increased volatility of the energy and AS prices between daily minimum and maximum levels. These impacts were also found to increase with compounding intensity as higher levels of wind variability were reached. Lastly, the advanced UC&D model was also used to evaluate the operational behavior and potential economic feasibility of a first entrant conventional or adiabatic CAES system. Both storage systems were found to operate in a single mode that enabled very high utilization of their capacity indicating both systems have highly desirable characteristics. The results suggest that there is a positive case for the investment in a first entrant CAES facility in the ERCOT market.
Download or read book Handbook on Battery Energy Storage System written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-12-01 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook serves as a guide to deploying battery energy storage technologies, specifically for distributed energy resources and flexibility resources. Battery energy storage technology is the most promising, rapidly developed technology as it provides higher efficiency and ease of control. With energy transition through decarbonization and decentralization, energy storage plays a significant role to enhance grid efficiency by alleviating volatility from demand and supply. Energy storage also contributes to the grid integration of renewable energy and promotion of microgrid.
Download or read book Future of wind written by International Renewable Energy Agency IRENA and published by International Renewable Energy Agency (IRENA). This book was released on 2019-10-01 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study presents options to speed up the deployment of wind power, both onshore and offshore, until 2050. It builds on IRENA’s global roadmap to scale up renewables and meet climate goals.
Download or read book Wind Power in Power Systems written by Thomas Ackermann and published by John Wiley & Sons. This book was released on 2012-04-23 with total page 1132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second edition of the highly acclaimed Wind Power in Power Systems has been thoroughly revised and expanded to reflect the latest challenges associated with increasing wind power penetration levels. Since its first release, practical experiences with high wind power penetration levels have significantly increased. This book presents an overview of the lessons learned in integrating wind power into power systems and provides an outlook of the relevant issues and solutions to allow even higher wind power penetration levels. This includes the development of standard wind turbine simulation models. This extensive update has 23 brand new chapters in cutting-edge areas including offshore wind farms and storage options, performance validation and certification for grid codes, and the provision of reactive power and voltage control from wind power plants. Key features: Offers an international perspective on integrating a high penetration of wind power into the power system, from basic network interconnection to industry deregulation; Outlines the methodology and results of European and North American large-scale grid integration studies; Extensive practical experience from wind power and power system experts and transmission systems operators in Germany, Denmark, Spain, UK, Ireland, USA, China and New Zealand; Presents various wind turbine designs from the electrical perspective and models for their simulation, and discusses industry standards and world-wide grid codes, along with power quality issues; Considers concepts to increase penetration of wind power in power systems, from wind turbine, power plant and power system redesign to smart grid and storage solutions. Carefully edited for a highly coherent structure, this work remains an essential reference for power system engineers, transmission and distribution network operator and planner, wind turbine designers, wind project developers and wind energy consultants dealing with the integration of wind power into the distribution or transmission network. Up-to-date and comprehensive, it is also useful for graduate students, researchers, regulation authorities, and policy makers who work in the area of wind power and need to understand the relevant power system integration issues.
Download or read book Wind Energy Engineering written by Trevor Letcher and published by Elsevier. This book was released on 2023-05-08 with total page 588 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind Energy Engineering: A Handbook for Onshore and Offshore Wind Turbines, Second Edition continues to be the most advanced, up-to-date and research-focused text on all aspects of wind energy engineering. Covering a wider spectrum of topics in the field of wind turbines (offshore and onshore), this new edition includes new intelligent turbine designs and optimization, current challenges and efficiencies, remote sensing and smart monitoring, and key areas of advancement, such as floating wind turbines. Each chapter includes a research overview with a detailed analysis and new case studies looking at how recent research developments can be applied. Written by some of the most forward-thinking professionals in the field, and giving a complete examination of one of the most promising and efficient sources of renewable energy, this book is an invaluable reference into this cross-disciplinary field for engineers. Offers an all-around understanding of the links between worldwide resources, including wind turbine technology, electricity and environmental issues, and economics Provide the very latest research and development in over 33 fields of endeavor related to wind power Includes extensive sets of references in each chapter, giving readers all the very latest thinking and information on each topic
Download or read book Future Grid Scale Energy Storage Solutions written by Ahmad Arabkoohsar and published by Elsevier. This book was released on 2023-03-25 with total page 691 pages. Available in PDF, EPUB and Kindle. Book excerpt: Providing a detailed understanding of why heat and electricity energy storage technologies have developed so rapidly, Future Grid-Scale Energy Storage Solutions: Mechanical and Chemical Technologies and Principles presents the required fundamentals for techno-economic and environmental analysis of various grid-scale energy storage technologies. Through a consistent framework, each chapter outlines state-of-the-art advances, benefits and challenges, energy and exergy analyses models of these technologies, as well as an elaboration on their performance under dynamic and off-design operating conditions. Chapters include a case study analysis section, giving a detailed understanding of the systems’ thermodynamics and economic and environmental performance in real operational conditions, and wrap-up with a discussion of the future prospects of these technologies from commercial and research perspectives. This book is a highly beneficial reference for researchers and scientists dealing with grid-scale energy storage systems, as a single comprehensive book providing the information and fundamentals required to do modeling, analysis, and/or feasibility studies of such systems. Features all the major mechanical and chemical energy storage systems, including electricity and thermal energy storage methods Includes step-by-step energy and exergy modeling, including off-design performance modeling Provides future perspectives for technologies, describing how they will contribute to the future smart energy systems
Download or read book Energy Storage Applications in Transmission and Distribution Grids written by Hisham Othman and published by Cambridge University Press. This book was released on 2022-07-14 with total page 109 pages. Available in PDF, EPUB and Kindle. Book excerpt: The application of energy storage within transmission and distribution grids as non-wire alternative solutions (NWS) is hindered by the lack of readily available analysis tools, standardized planning processes, and practical know-how. This Element provides a theoretical basis along with examples and real-world case studies to guide grid planners in the siting, sizing, and lifetime techno-economic evaluation of storage systems. Many applications are illustrated including feeder peak shaving, feeder reliability improvements, transmission reliability, transmission congestion relief, and renewable integration. Three case studies, based on the author's consulting experience, illustrate the versatility of the analysis methods and provide a guide to grid planners while tackling real world problems.
Download or read book Global Renewables Outlook Energy Transformation 2050 written by International Renewable Energy Agency IRENA and published by International Renewable Energy Agency (IRENA). This book was released on 2020-04-01 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: This outlook highlights climate-safe investment options until 2050, policies for transition and specific regional challenges. It also explores options to eventually cut emissions to zero.
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Download or read book Electricity from Renewable Resources written by National Research Council and published by National Academies Press. This book was released on 2010-04-05 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: A component in the America's Energy Future study, Electricity from Renewable Resources examines the technical potential for electric power generation with alternative sources such as wind, solar-photovoltaic, geothermal, solar-thermal, hydroelectric, and other renewable sources. The book focuses on those renewable sources that show the most promise for initial commercial deployment within 10 years and will lead to a substantial impact on the U.S. energy system. A quantitative characterization of technologies, this book lays out expectations of costs, performance, and impacts, as well as barriers and research and development needs. In addition to a principal focus on renewable energy technologies for power generation, the book addresses the challenges of incorporating such technologies into the power grid, as well as potential improvements in the national electricity grid that could enable better and more extensive utilization of wind, solar-thermal, solar photovoltaics, and other renewable technologies.
Download or read book Typology of Business Models for Emerging Grid scale Energy Storage Technologies written by Kourosh Malek and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The main goals of this thesis are to develop, validate, and analyze emerging business models to ensure near-term market success of the grid-scale Energy Storage (ES) technologies. The main research contributions are a typology (i.e. classification according to general type) of emerging business models for investment and operational viability of grid-scale storage, validation of business models for valuation analysis of diverse grid-scale storage, and a unique technology management framework for value analysis of emerging technologies. It is widely accepted that the intermittency of primary renewable energy sources is a limiting factor for inclusion of these technologies in autonomous power applications. ES technologies can be seen as valuable flexibility assets with their capabilities to control grid power intermittency or power quality services in generation, transmission, and distribution, as well as in end-user consumption side. When combined with sophisticated and reliable business models, grid-scale storage technologies can contribute significantly to enhance asset utilization rate and reliability of the power systems. The latter is particularly critical for deployment of regional and national energy policies of implementing renewable sources. Despite the fact that energy storage systems increase operational cost of the distributed electricity system, energy storage technologies can play a vital role in reducing overall upgrade cost of the electricity grids when renewable sources need to be integrated locally. The main challenge of adopting ES technologies among utilities is how to match the right energy storage technology to appropriate business-operation models for a site-specific grid configuration. Current know-how and assessment tools provide substantial information around technical specifications and requirements for adopting ES technologies for various grid configurations. However, only few of the existing approaches use market driven information. The majority of the tools also suffer from a lack of detailed information relevant for business managers for decision making purposes. Currently, none of the existing tools and investment methodologies evaluate the benefits of electricity storage from the perspective of a detailed techno-economic and business-operation models. The choice of appropriate business model, complexity of regulatory and policy environment, ownership and governance structure of storage asset, financing strategies, managing revenue streams, and associated operational risks are critical for providing an accurate assessment of the viability of the emerging ES technologies. In order to fully assess the value proposition of ES technologies, formulate their risks and opportunities profile, and develop implementation plans, a comprehensive analysis framework is needed to support integration of technical, economic and business operation perspectives. This research aims to develop a typology of different business models in the context of grid-scale ES technologies. A bottom-up approach is proposed, demonstrated, and validated to identify a generalized business model framework. The business model framework is tailored to provide a customized analysis platform for adopting emerging energy storage technologies. Several case studies are carried out based on the proposed business model framework and energy storage valuation analysis therein. Each business model, combined with thorough valuation analysis, provides insights on when deployment of individual storage technologies can be economically and technically viable. For industry looking to adapt new energy storage technologies, such analysis can provide multi-dimension considerations (cost, efficiency, reliability, best practice business operation model, and policy instruments), which can potentially lead to complete insights for strategic decision-making purposes.
Download or read book Integration of Large Scale Renewable Energy into Bulk Power Systems written by Pengwei Du and published by Springer. This book was released on 2017-05-06 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book outlines the challenges that increasing amounts of renewable and distributed energy represent when integrated into established electricity grid infrastructures, offering a range of potential solutions that will support engineers, grid operators, system planners, utilities, and policymakers alike in their efforts to realize the vision of moving toward greener, more secure energy portfolios. Covering all major renewable sources, from wind and solar, to waste energy and hydropower, the authors highlight case studies of successful integration scenarios to demonstrate pathways toward overcoming the complexities created by variable and distributed generation.
Download or read book The Power of Transformation written by International Energy Agency and published by . This book was released on 2014 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wind power and solar photovoltaics (PV) are crucial to meeting future energy needs while decarbonizing the power sector. Deployment of both technologies has expanded rapidly in recent years, one of the few bright spots in an otherwise bleak picture of clean energy progress. However, the inherent variability of wind power and solar PV raises unique and pressing questions. Can power systems remain reliable and cost-effective while supporting high shares of variable renewable energy (VRE)? And if so, how? Based on a thorough review of the integration challenge, this publication gauges the economic significance of VRE integration impacts, highlights the need for a system-wide approach to integrating high shares of VRE and recommends how to achieve a cost-effective transformation of the power system. This book summarizes the results of the third phase of the Grid Integration of VRE (GIVAR) project, undertaken by the IEA over the past two years. It is rooted in a set o
Download or read book A Grid level Assessment of Compressed Air Energy Storage in ERCOT written by Aaron Keith Townsend and published by . This book was released on 2013 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the Electric Reliability Council of Texas (ERCOT) compressed air energy storage (CAES) is currently viewed as the most promising energy storage technology due to Texas having suitable geology for CAES and few locations suitable for pumped-hydro storage. CAES is a proven technology but the economics for new facilities are uncertain. This work quantified the economic prospects for CAES in ERCOT as a function of installed wind capacity, natural gas price, and CAES capital cost. Two types of models were developed and used in this work. The first type of model was a CAES dispatch optimization model, which determined the maximum operating profits a CAES facility could earn given a set of electricity and ancillary services market prices. These models were used to examine several separate research questions relating to the maximum potential for CAES and the impact of uncertainty and other real-world complications. The models determined that the maximum operating profit from 2002-2010 varied widely from year to year and averaged $120-140/kW-year, which is likely below the operating profits required to justify investing in CAES. The models also determined that current price forecasting methods are sufficient to earn approximately 95% of the operating profits achievable with perfect knowledge of all prices in the year. The second type of model was a unit commitment model of ERCOT, which determined the least-cost operation of all the generators in the generation fleet to meet given load. The unit commitment model was used to determine electricity and ancillary service market prices under different assumptions about natural gas price, installed wind capacity, and installed CAES capacity. The CAES dispatch optimization model was then used to determine the operating profits of a CAES facility under these scenarios. CAES operating profits were found to increase with increasing natural gas price and installed wind capacity and to decrease with increasing installed CAES capacity. CAES operating profits were estimated to support installed CAES capacities from zero to more than 6 GW, depending on the natural gas price, installed wind capacity, installed CAES capacity, and the CAES capital costs. The strongest determinant of the maximum CAES capacity that would be profitable is the natural gas price, followed by the CAES capital costs.
Download or read book The Power of Change written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2016-09-30 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.
Download or read book Wind Vision written by U. S. Department U.S. Department of Energy and published by CreateSpace. This book was released on 2015-03-18 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a detailed roadmap of technical, economic, and institutional actions by the wind industry, the wind research community, and others to optimize wind's potential contribution to a cleaner, more reliable, low-carbon, domestic energy generation portfolio, utilizing U.S. manu-facturing and a U.S. workforce. The roadmap is intended to be the beginning of an evolving, collaborative, and necessarily dynamic process. It thus suggests an approach of continual updates at least every two years, informed by its analysis activities. Roadmap actions are identified in nine topical areas, introduced below.
