Market and Policy Barriers to Deployment of Energy Storage
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Paul Joskow & Jean Tirole, 2005.
"Merchant Transmission Investment,"
Journal of Industrial Economics, Wiley Blackwell, vol. 53(2), pages 233-264, June.
- Joskow, P. & Tirole, J., 2003. "Merchant Transmission Investment," Cambridge Working Papers in Economics 0324, Faculty of Economics, University of Cambridge.
- Paul Joskow & Jean Tirole, 2003. "Merchant Transmission Investment," Working Papers 0304, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research.
- Paul Joskow & Jean Tirole, 2003. "Merchant Transmission Investment," Working Papers EP24, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Joskow, Paul L. & Tirole, Jean, 2004. "Merchant Transmission Investment," IDEI Working Papers 263, Institut d'Économie Industrielle (IDEI), Toulouse.
- Paul Joskow & Jean Tirole, 2003. "Merchant Transmission Investment," NBER Working Papers 9534, National Bureau of Economic Research, Inc.
- Ramteen Sioshansi & Paul Denholm, 2010. "The Value of Plug-In Hybrid Electric Vehicles as Grid Resources," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 1-24.
- Walawalkar, Rahul & Apt, Jay & Mancini, Rick, 2007. "Economics of electric energy storage for energy arbitrage and regulation in New York," Energy Policy, Elsevier, vol. 35(4), pages 2558-2568, April.
- O'Neill, Richard P. & Sotkiewicz, Paul M. & Hobbs, Benjamin F. & Rothkopf, Michael H. & Stewart, William R., 2005. "Efficient market-clearing prices in markets with nonconvexities," European Journal of Operational Research, Elsevier, vol. 164(1), pages 269-285, July.
- Bushnell, James B. & Stoft, Steven E., 1997.
"Improving private incentives for electric grid investment,"
Resource and Energy Economics, Elsevier, vol. 19(1-2), pages 85-108, March.
- Bushnell, James & Stoft, Steven, 1997. "Improving Private Incentives for Electric Grid Investment," Staff General Research Papers Archive 31549, Iowa State University, Department of Economics.
- He, Xian & Delarue, Erik & D'haeseleer, William & Glachant, Jean-Michel, 2011.
"A novel business model for aggregating the values of electricity storage,"
Energy Policy, Elsevier, vol. 39(3), pages 1575-1585, March.
- Xian He & Erik Delarue & William D'haeseleer & Jean-Michel Glachant, 2010. "A Novel Business Model for Aggregating the Values of Electricity Storage," RSCAS Working Papers 2010/82, European University Institute.
- Graves, Frank & Jenkin, Thomas & Murphy, Dean, 1999. "Opportunities for Electricity Storage in Deregulating Markets," The Electricity Journal, Elsevier, vol. 12(8), pages 46-56, October.
- Sioshansi, Ramteen & Denholm, Paul & Jenkin, Thomas & Weiss, Jurgen, 2009. "Estimating the value of electricity storage in PJM: Arbitrage and some welfare effects," Energy Economics, Elsevier, vol. 31(2), pages 269-277, March.
- Chao, Hung-Po & Peck, Stephen, 1996. "A Market Mechanism for Electric Power Transmission," Journal of Regulatory Economics, Springer, vol. 10(1), pages 25-59, July.
- Hogan, William W, 1992. "Contract Networks for Electric Power Transmission," Journal of Regulatory Economics, Springer, vol. 4(3), pages 211-242, September.
- Sioshansi, Ramteen & Oren, Shmuel & O'Neill, Richard, 2010. "Three-part auctions versus self-commitment in day-ahead electricity markets," Utilities Policy, Elsevier, vol. 18(4), pages 165-173, December.
- Bushnell, James B & Stoft, Steven E, 1996. "Electric Grid Investment under a Contract Network Regime," Journal of Regulatory Economics, Springer, vol. 10(1), pages 61-79, July.
- Denholm, Paul & Sioshansi, Ramteen, 2009. "The value of compressed air energy storage with wind in transmission-constrained electric power systems," Energy Policy, Elsevier, vol. 37(8), pages 3149-3158, August.
- Ramteen Sioshansi, 2011. "Increasing the Value of Wind with Energy Storage," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 1-30.
- Drury, Easan & Denholm, Paul & Sioshansi, Ramteen, 2011. "The value of compressed air energy storage in energy and reserve markets," Energy, Elsevier, vol. 36(8), pages 4959-4973.
- Wolf-Peter Schill & Claudia Kemfert, 2011.
"Modeling Strategic Electricity Storage: The Case of Pumped Hydro Storage in Germany,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 59-88.
- Schill, Wolf-Peter & Kemfert, Claudia, 2011. "Modeling Strategic Electricity Storage: The Case of Pumped Hydro Storage in Germany," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 32(3), pages 59-87.
- Wolf-Peter Schill & Claudia Kemfert, 2009. "The Effect of Market Power on Electricity Storage Utilization: The Case of Pumped Hydro Storage in Germany," Discussion Papers of DIW Berlin 947, DIW Berlin, German Institute for Economic Research.
- Tuohy, A. & O'Malley, M., 2011. "Pumped storage in systems with very high wind penetration," Energy Policy, Elsevier, vol. 39(4), pages 1965-1974, April.
- Sauma, Enzo E. & Oren, Shmuel S., 2009. "Do generation firms in restructured electricity markets have incentives to support social-welfare-improving transmission investments?," Energy Economics, Elsevier, vol. 31(5), pages 676-689, September.
- Sioshansi, Ramteen & Denholm, Paul & Jenkin, Thomas, 2011. "A comparative analysis of the value of pure and hybrid electricity storage," Energy Economics, Elsevier, vol. 33(1), pages 56-66, January.
- Kaufman, Sydney & Komor, Paul & Langdon, Blake & Vallett, Paul, 2011. "Electricity Storage in Regulated Markets: Getting the Rules Right," The Electricity Journal, Elsevier, vol. 24(6), pages 63-71, July.
- Ramteen Sioshansi, 2010. "Welfare Impacts of Electricity Storage and the Implications of Ownership Structure," The Energy Journal, International Association for Energy Economics, vol. 0(Number 2), pages 173-198.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Retna Kumar, Aravind & Shrimali, Gireesh, 2021. "Role of policy in the development of business models for battery storage deployment: Hawaii case study," Energy Policy, Elsevier, vol. 159(C).
- Eric Borden & Wolf-Peter Schill, 2013. "Policy Efforts for the Development of Storage Technologies in the U.S. and Germany," Discussion Papers of DIW Berlin 1328, DIW Berlin, German Institute for Economic Research.
- Jonas Egerer and Wolf-Peter Schill, 2014.
"Power System Transformation toward Renewables: Investment Scenarios for Germany,"
Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
- Jonas Egerer & Wolf-Peter Schill, 2014. "Power System Transformation toward Renewables: Investment Scenarios for Germany," Discussion Papers of DIW Berlin 1402, DIW Berlin, German Institute for Economic Research.
- Schill, Wolf-Peter, 2014.
"Residual Load, Renewable Surplus Generation and Storage Requirements in Germany,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 73, pages 65-79.
- Schill, Wolf-Peter, 2014. "Residual load, renewable surplus generation and storage requirements in Germany," Energy Policy, Elsevier, vol. 73(C), pages 65-79.
- Wolf-Peter Schill, 2013. "Residual Load, Renewable Surplus Generation and Storage Requirements in Germany," Discussion Papers of DIW Berlin 1316, DIW Berlin, German Institute for Economic Research.
- Després, Jacques & Mima, Silvana & Kitous, Alban & Criqui, Patrick & Hadjsaid, Nouredine & Noirot, Isabelle, 2017.
"Storage as a flexibility option in power systems with high shares of variable renewable energy sources: a POLES-based analysis,"
Energy Economics, Elsevier, vol. 64(C), pages 638-650.
- Jacques Després & Silvana Mima & Alban Kitous & Patrick Criqui & Nouredine Hadjsaid & Isabelle Noirot, 2017. "Storage as a flexibility option in power systems with high shares of variable renewable energy sources: a POLES-based analysis," Post-Print hal-01301662, HAL.
- Zakeri, Behnam & Syri, Sanna, 2015. "Electrical energy storage systems: A comparative life cycle cost analysis," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 569-596.
- Tabari, Mokhtar & Shaffer, Blake, 2020. "Paying for performance: The role of policy in energy storage deployment," Energy Economics, Elsevier, vol. 92(C).
- Daniel Muñoz-Álvarez & Eilyan Bitar, 2017. "Financial storage rights in electric power networks," Journal of Regulatory Economics, Springer, vol. 52(1), pages 1-23, August.
- Todd, Iain & McCauley, Darren, 2021. "Assessing policy barriers to the energy transition in South Africa," Energy Policy, Elsevier, vol. 158(C).
- Resch, Matthias & Bühler, Jochen & Klausen, Mira & Sumper, Andreas, 2017. "Impact of operation strategies of large scale battery systems on distribution grid planning in Germany," Renewable and Sustainable Energy Reviews, Elsevier, vol. 74(C), pages 1042-1063.
- Martin, Nigel & Rice, John, 2021. "Power outages, climate events and renewable energy: Reviewing energy storage policy and regulatory options for Australia," Renewable and Sustainable Energy Reviews, Elsevier, vol. 137(C).
- Martin Mata & Petr HlavÃ¡Ä ek, 2024. "Lithium Mining as a Tool for Economic and Energy Transformation of Region: Reflections on Policies, Processes and Communities," International Journal of Energy Economics and Policy, Econjournals, vol. 14(6), pages 46-54, November.
- Huijia Yang & Weiguang Fan & Guangyu Qin & Zhenyu Zhao, 2021. "A Fuzzy-ANP Approach for Comprehensive Benefit Evaluation of Grid-Side Commercial Storage Project," Energies, MDPI, vol. 14(4), pages 1-17, February.
- Katrin Schmitz & Bjarne Steffen & Christoph Weber, 2013. "Incentive or impediment? The impact of capacity mechanisms on storage plants," RSCAS Working Papers 2013/46, European University Institute.
- Boffino, Luigi & Conejo, Antonio J. & Sioshansi, Ramteen & Oggioni, Giorgia, 2019. "A two-stage stochastic optimization planning framework to decarbonize deeply electric power systems," Energy Economics, Elsevier, vol. 84(C).
- Gustavo Adolfo Gómez-Ramírez & Carlos Meza & Gonzalo Mora-Jiménez & José Rodrigo Rojas Morales & Luis García-Santander, 2023. "The Central American Power System: Achievements, Challenges, and Opportunities for a Green Transition," Energies, MDPI, vol. 16(11), pages 1-20, May.
- Javier L'opez Prol & Wolf-Peter Schill, 2020.
"The Economics of Variable Renewables and Electricity Storage,"
Papers
2012.15371, arXiv.org.
- López Prol, Javier & Schill, Wolf-Peter, 2021. "The Economics of Variable Renewables and Electricity Storage," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242463, Verein für Socialpolitik / German Economic Association.
- Komali Yenneti & Riya Rahiman & Adishree Panda & Gloria Pignatta, 2019. "Smart Energy Management Policy in India—A Review," Energies, MDPI, vol. 12(17), pages 1-16, August.
- Zora Luburić & Hrvoje Pandžić & Tomislav Plavšić, 2017. "Assessment of Energy Storage Operation in Vertically Integrated Utility and Electricity Market," Energies, MDPI, vol. 10(5), pages 1, May.
- Kost, Christoph & Flath, Christoph M. & Möst, Dominik, 2013. "Concentrating solar power plant investment and operation decisions under different price and support mechanisms," Energy Policy, Elsevier, vol. 61(C), pages 238-248.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Tom Brijs & Frederik Geth & Sauleh Siddiqui & Benjamin F. Hobbs & Ronnie Belmans, 2016. "Price-Based Unit Commitment Electricity Storage Arbitrage with Piecewise Linear Price-Effects," Discussion Papers of DIW Berlin 1567, DIW Berlin, German Institute for Economic Research.
- Sioshansi, Ramteen, 2014. "When energy storage reduces social welfare," Energy Economics, Elsevier, vol. 41(C), pages 106-116.
- Richard O’Neill & Emily Fisher & Benjamin Hobbs & Ross Baldick, 2008. "Towards a complete real-time electricity market design," Journal of Regulatory Economics, Springer, vol. 34(3), pages 220-250, December.
- Ruderer, Dominik & Zöttl, Gregor, 2018. "Transmission pricing and investment incentives," Utilities Policy, Elsevier, vol. 55(C), pages 14-30.
- Daniel Muñoz-Álvarez & Eilyan Bitar, 2017. "Financial storage rights in electric power networks," Journal of Regulatory Economics, Springer, vol. 52(1), pages 1-23, August.
- Zafirakis, Dimitrios & Chalvatzis, Konstantinos J. & Baiocchi, Giovanni & Daskalakis, Georgios, 2016. "The value of arbitrage for energy storage: Evidence from European electricity markets," Applied Energy, Elsevier, vol. 184(C), pages 971-986.
- Shahmohammadi, Ali & Sioshansi, Ramteen & Conejo, Antonio J. & Afsharnia, Saeed, 2018. "Market equilibria and interactions between strategic generation, wind, and storage," Applied Energy, Elsevier, vol. 220(C), pages 876-892.
- McConnell, Dylan & Forcey, Tim & Sandiford, Mike, 2015. "Estimating the value of electricity storage in an energy-only wholesale market," Applied Energy, Elsevier, vol. 159(C), pages 422-432.
- Brunekreeft, Gert, 2004. "Market-based investment in electricity transmission networks: controllable flow," Utilities Policy, Elsevier, vol. 12(4), pages 269-281, December.
- Stephen C. Littlechild & Carlos J. Skerk, 2004.
"Regulation of transmission expansion in Argentina Part I: State ownership, reform and the Fourth Line,"
Working Papers
EP61, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Littlechild, S.C. & Skerk, C.J., 2004. "Regulation of transmission expansion in Argentina Part I: State ownership, reform and the Fourth Line," Cambridge Working Papers in Economics 0464, Faculty of Economics, University of Cambridge.
- Makoto TANAKA, 2005. "Optimal Transmission Capacity under Nodal Pricing and Incentive Regulation for Transco," Discussion papers 05021, Research Institute of Economy, Trade and Industry (RIETI).
- Brunekreeft, G., 2003. "Market-based Investment in Electricity Transmission Networks: Controllable Flow," Cambridge Working Papers in Economics 0340, Faculty of Economics, University of Cambridge.
- Chyong, Chi Kong & Newbery, David, 2022.
"A unit commitment and economic dispatch model of the GB electricity market – Formulation and application to hydro pumped storage,"
Energy Policy, Elsevier, vol. 170(C).
- Chyong, C-K. & Newbery, D. & McCarty, T., 2019. "A Unit Commitment and Economic Dispatch Model of the GB Electricity Market – Formulation and Application to Hydro Pumped Storage," Cambridge Working Papers in Economics 1968, Faculty of Economics, University of Cambridge.
- Chi Kong Chyong & David Newbery & Thomas McCarty, 2019. "A Unit Commitment and Economic Dispatch Model of the GB Electricity Market – Formulation and Application to Hydro Pumped Storage," Working Papers EPRG1924, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Matsukawa, Isamu, 2008.
"The effects of average revenue regulation on electricity transmission investment and pricing,"
Energy Economics, Elsevier, vol. 30(3), pages 696-714, May.
- Isamu Matsukawa, 2005. "The Effects of Average Revenue Regulation on Electricity Transmission Investment and Pricing," Industrial Organization 0512009, University Library of Munich, Germany.
- Littlechild, Stephen C. & Skerk, Carlos J., 2008. "Transmission expansion in Argentina 2: The Fourth Line revisited," Energy Economics, Elsevier, vol. 30(4), pages 1385-1419, July.
- Carson, Richard T. & Novan, Kevin, 2013. "The private and social economics of bulk electricity storage," Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 404-423.
- Ramteen Sioshansi and Ashlin Tignor, 2012. "Do Centrally Committed Electricity Markets Provide Useful Price Signals?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
- Vincent Rious & Yannick Perez & Philippe Dessante, 2008.
"Is combination of nodal pricing and average participation tariff the best solution to coordinate the location of power plants with lumpy transmission investments?,"
Post-Print
hal-00323878, HAL.
- Vincent Rious & Philippe Dessante & Yannick Perez, 2009. "Is combination of nodal pricing and average participation tariff the best solution to coordinate the location of power plants with lumpy transmission investments?," RSCAS Working Papers 2009/14, European University Institute.
- Berrada, Asmae & Loudiyi, Khalid & Zorkani, Izeddine, 2016. "Valuation of energy storage in energy and regulation markets," Energy, Elsevier, vol. 115(P1), pages 1109-1118.
- Juan Rosellón, Ingo Vogelsang, and Hannes Weigt, 2012.
"Long-run Cost Functions for Electricity Transmission,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 1).
- Juan Rosellón & Ingo Vogelsang & Hannes Weigt, 2011. "Long-run Cost Functions for Electricity Transmission," The Energy Journal, , vol. 33(1), pages 131-160, January.
- Juan Rosellon & Ingo Vogelsang & Hannes Weigt, 2009. "Long-run Cost Functions for Electricity Transmission," Working Papers DTE 465, CIDE, División de Economía.
- Juan Rosellón & Ingo Vogelsang & Hannes Weigt, 2010. "Long-Run Cost Functions for Electricity Transmission," Discussion Papers of DIW Berlin 1020, DIW Berlin, German Institute for Economic Research.
- Rosellón, Juan & Vogelsang, Ingo & Weigt, Hannes, 2009. "Long-run Cost Functions for Electricity Transmission," MPRA Paper 22842, University Library of Munich, Germany.
More about this item
JEL classification:
- F0 - International Economics - - General
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aen:eeepjl:1_2_a04. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: David Williams (email available below). General contact details of provider: https://edirc.repec.org/data/iaeeeea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.