TY - GEN
T1 - Assessing the benefits of compressed air energy storage on the 2020 Irish power system
AU - Cleary, Brendan
AU - Conlon, Michael
AU - Duffy, Aidan
AU - Fthenakis, Vasilis
AU - O'Connor, Alan
PY - 2013
Y1 - 2013
N2 - Power systems have evolved as countries implement energy policies focusing on energy efficiency and increased share of renewable energy sources (RES). At the forefront is non-dispatchable generation such as wind and solar. Traditionally power systems were designed for fully dispatchable generating plant. However, these powers systems are under additional pressure due to the variable operational characteristics of RES. Consequently, capital investments in grid reinforcement, interconnection, additional gas generators and smart grid initiatives have been proposed and implemented. Moreover, an increased interest in energy storage technologies has evolved due to their various economic and operational benefits to power systems. Current compressed air energy storage (CAES) plants have shown economic feasibility and reliability. Thus, the main focus of this paper is to investigate and compare two scenarios; one without CAES and a second with CAES as an additional generator in the 2020 Irish power system using power systems simulation software PLEXOS.
AB - Power systems have evolved as countries implement energy policies focusing on energy efficiency and increased share of renewable energy sources (RES). At the forefront is non-dispatchable generation such as wind and solar. Traditionally power systems were designed for fully dispatchable generating plant. However, these powers systems are under additional pressure due to the variable operational characteristics of RES. Consequently, capital investments in grid reinforcement, interconnection, additional gas generators and smart grid initiatives have been proposed and implemented. Moreover, an increased interest in energy storage technologies has evolved due to their various economic and operational benefits to power systems. Current compressed air energy storage (CAES) plants have shown economic feasibility and reliability. Thus, the main focus of this paper is to investigate and compare two scenarios; one without CAES and a second with CAES as an additional generator in the 2020 Irish power system using power systems simulation software PLEXOS.
KW - CO Emissions
KW - Compressed Air Energy Storage Energy Market
KW - PLEXOS
KW - Power System Economics
KW - Power System Modelling
KW - Power System Operation
KW - Revenue
KW - Total Generation Costs
KW - Wind Power
UR - https://www.scopus.com/pages/publications/84894130643
U2 - 10.1109/UPEC.2013.6714938
DO - 10.1109/UPEC.2013.6714938
M3 - Conference contribution
AN - SCOPUS:84894130643
SN - 9781479932542
T3 - Proceedings of the Universities Power Engineering Conference
BT - 2013 48th International Universities' Power Engineering Conference, UPEC 2013
T2 - 2013 48th International Universities' Power Engineering Conference, UPEC 2013
Y2 - 2 September 2013 through 5 September 2013
ER -
