A Market Assessment of Distributed Battery Energy Storage to Facilitate Higher Renewable Penetration in an Isolated Power System

Neil McIlwaine, Aoife M. Foley, Dlzar Al Kez, Robert Best, Xi Lu, Chongyu Zhang

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Abstract

Power systems with a high share of renewables require additional ancillary services to operate safely and reliably. System operators are introducing schemes to attract investment in technology which will provide ancillary services. Battery storage can provide some of these services but investment in equipment is required. This study investigates the potential benefits of energy storage and tests the market arrangements to attract investment. The study uses a combination of numerical and system analyses to test the financial performance. A dynamic economic dispatch model was used to evaluate the system costs and emission levels. A unit commitment model was used to measure the reserve cost. Both models use real-time load data for a region in the Irish electricity market. The ancillary service revenue is modelled based on actual renewable levels for the Irish system. The frequency and rate of change of frequency response are evaluated by introducing a disturbance to the system model with and without energy storage. The results were used to test investment opportunities using established financial appraisal techniques.

Original languageEnglish
Pages (from-to)2382-2398
Number of pages17
JournalIEEE Access
Volume10
DOIs
Publication statusPublished - 28 Dec 2021

Bibliographical note

Publisher Copyright:
© 2013 IEEE.

Keywords

  • ancillary services
  • Battery energy storage
  • financial feasibility
  • frequency nadir
  • rate of change of frequency
  • renewables

ASJC Scopus subject areas

  • Computer Science(all)
  • Materials Science(all)
  • Engineering(all)

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