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An optimal coordination of seasonal energy storages: A holistic approach to ensure energy adequacy and cost efficiency

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  • Martínez Sánchez, Ana M.
  • Saldarriaga Cortés, Carlos A.
  • Salazar, Harold

Abstract

Significant challenges for system planners to formulate optimal policies for the use of energy resources require the use of novel analytical tools that efficiently incorporate existing assets nationwide. Depleted oil or natural gas fields, aquifers, mines, and salt caverns are geological formations that can be used to store natural gas. They are assets available in most of the OECD countries and are an alternative for system planners to incorporate. This paper presents an optimal management policy for the utilization of natural gas -in an underground facility- and water -in reservoirs- so that said policy determines when and how much natural gas and water should be stored and when they should be used. It aims to guarantee that primary energy resources -in the form of natural gas or water- are available in order to meet future demands under extreme weather conditions or a scenario of coincident natural gas and power peak demands. The policy is based on a full-blown mathematical model of the underground natural gas facilities that considers the most relevant geological characteristics. The model introduced in this paper guarantees that the policy is feasible. Numerical results prove that ignoring geological features leads to infeasible results. They also confirm that the adverse effects of having coincident natural gas and power demands can be mitigated if natural gas storage and water reservoirs are properly used.

Suggested Citation

  • Martínez Sánchez, Ana M. & Saldarriaga Cortés, Carlos A. & Salazar, Harold, 2021. "An optimal coordination of seasonal energy storages: A holistic approach to ensure energy adequacy and cost efficiency," Applied Energy, Elsevier, vol. 290(C).
    • Handle: RePEc:eee:appene:v:290:y:2021:i:c:s0306261921002300
    DOI: 10.1016/j.apenergy.2021.116708
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    References listed on IDEAS

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    1. Saldarriaga-C., Carlos A. & Salazar, Harold, 2016. "Security of the Colombian energy supply: The need for liquefied natural gas regasification terminals for power and natural gas sectors," Energy, Elsevier, vol. 100(C), pages 349-362.
    2. Saldarriaga-Cortés, Carlos & Salazar, Harold & Moreno, Rodrigo & Jiménez-Estévez, Guillermo, 2019. "Stochastic planning of electricity and gas networks: An asynchronous column generation approach," Applied Energy, Elsevier, vol. 233, pages 1065-1077.
    3. Farrokhifar, Meisam & Nie, Yinghui & Pozo, David, 2020. "Energy systems planning: A survey on models for integrated power and natural gas networks coordination," Applied Energy, Elsevier, vol. 262(C).
    4. Biegel, Benjamin & Hansen, Lars Henrik & Stoustrup, Jakob & Andersen, Palle & Harbo, Silas, 2014. "Value of flexible consumption in the electricity markets," Energy, Elsevier, vol. 66(C), pages 354-362.
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    Cited by:

    1. Xie, Dongzhou & Wang, Tongtao & Li, Long & Guo, Kai & Ben, Jianhua & Wang, Duocai & Chai, Guoxing, 2023. "Modeling debrining of an energy storage salt cavern considering the effects of temperature," Energy, Elsevier, vol. 282(C).
    2. Li, Yi & Yu, Hao & Li, Yi & Luo, Xian & Liu, Yinjiang & Zhang, Guijin & Tang, Dong & Liu, Yaning, 2023. "Full cycle modeling of inter-seasonal compressed air energy storage in aquifers," Energy, Elsevier, vol. 263(PD).

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