Abstract
Renewable energy generation is expected to continue to increase globally due to renewable energy targets and obligations to reduce greenhouse gas emissions. Some renewable energy sources are variable power sources, for example wind, wave and solar. Energy storage technologies can manage the issues associated with variable renewable generation and align non-dispatchable renewable energy generation with load demands. Energy storage technologies can play different roles in each of the step of the electric power supply chain. Moreover, large scale energy storage systems can act as renewable energy integrators by smoothing the variability. Compressed air energy storage is one such technology. This paper examines the impacts of a compressed air energy storage facility in a pool based wholesale electricity market in a power system with a large renewable energy portfolio.
| Original language | English |
|---|---|
| Pages (from-to) | 85-94 |
| Number of pages | 10 |
| Journal | Energy |
| Volume | 57 |
| Early online date | 01 Jun 2013 |
| DOIs | |
| Publication status | Published - 01 Aug 2013 |
Keywords
- Ancillary services;
- Compressed air energy storage;
- Electricity markets;
- Emissions;
- Energy storage;
- Wind power
ASJC Scopus subject areas
- General Energy
