2017
DOI: 10.1016/j.eneco.2016.03.006
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Storage as a flexibility option in power systems with high shares of variable renewable energy sources: a POLES-based analysis

Abstract: In this paper we demonstrate the role of electricity storage for the integration of high shares of Variable Renewable Energy Sources (VRES 3 ) in the long-term evolution of the power system. For this a new electricity module is developed in POLES (Prospective Outlook on Long-term Energy Systems). It now takes into account the impacts of VRES on the European power system. The power system operation relies on EUCAD (European Unit Commitment And Dispatch), which includes daily storage and other inter-temporal con… Show more

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Cited by 100 publications
(53 citation statements)
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“…The potential shift to V2G-in terms of adoption and impact-could therefore have vast advantages. One assessment simulated the future penetration of decentralized, flexible power systems (including renewable energy and storage) and concluded that V2G offered the most storage potential in Europe compared to other options such as standalone batteries, compressed air energy storage, or pumped hydro (see figure 2) [22]. Another study calculated that V2G-enabled PEVs could provide much needed assistance to transmission operators in the United States as they maintain reliability and operating standards, and it estimated the value of those services at up to $12 billion per year, some of which would flow to PEV owners [10].…”
Section: Introductionmentioning
confidence: 99%
“…The potential shift to V2G-in terms of adoption and impact-could therefore have vast advantages. One assessment simulated the future penetration of decentralized, flexible power systems (including renewable energy and storage) and concluded that V2G offered the most storage potential in Europe compared to other options such as standalone batteries, compressed air energy storage, or pumped hydro (see figure 2) [22]. Another study calculated that V2G-enabled PEVs could provide much needed assistance to transmission operators in the United States as they maintain reliability and operating standards, and it estimated the value of those services at up to $12 billion per year, some of which would flow to PEV owners [10].…”
Section: Introductionmentioning
confidence: 99%
“…Studies that report a single value tend towards 1000 $/kW [41]. The Electric Power Research Institute reviewed investment costs for existing and planned greenfield PHS projects globally and developed an equation that relates average investment cost as a function of capacity (EPRI, 2011).…”
Section: European Estimationmentioning
confidence: 99%
“…More recent analysis report a similar range for compressed air storage: 0.10 EUR/kWh in porous rock, 1.01 EUR/kWh in solution-mined salt caverns, 9.71 EUR/kWh in dry-mined salt caverns, 9.71 EUR/kWh in abandoned mines, and 29.55 EUR/kWh in rock caverns from excavation [55]. Overall cost estimates accounting for all types of CAES facilities range from 400 -800 $/kW [56] [23] [31], [32], [25], [33], 500 -1500 $/kW [22], 400-1000 $/kW [24], 910 EUR/kW [57], and 1075 $/kW [41] . Costs in the range of 325 -975 $/kW for gas CAES and 350 -1050 $/kW for hydrogen CAES are assumed in this analysis.…”
Section: Compressed Air Energy Storagementioning
confidence: 99%
“…Thus, the only examples we know of are a country-level IAM, namely the US-REGEN model that soft-links a CGE model of the United States to a bottom-up unit commitment and dispatch model [72], and a study with the global POLES model that soft-linked only the EU countries to a dispatch model based on 12 representative days [73].…”
Section: State Of the Art Methodologiesmentioning
confidence: 99%
“…This can be done by not only distinguishing explicitly between different load levels occurring throughout a year but by simultaneously accounting for different levels of VRES generation [10,73,80]. Following the methodology of the integral method, a year can first be subdivided into different bands of load levels, each representing a certain fraction of the year.…”
Section: Improving the Temporal Representationmentioning
confidence: 99%