IDEAS home Printed from https://ideas.repec.org/a/eee/juipol/v67y2020ics0957178720301107.html
   My bibliography  Save this article

Towards a sustainable electricity grid: Market and policy for demand-side storage and wind resources

Author

Listed:
  • Ademulegun, Oluwasola O.
  • Keatley, Patrick
  • Agbonaye, Osaru
  • Moreno Jaramillo, Andres F.
  • Hewitt, Neil J.

Abstract

While the net benefit of installing Distributed Energy Resources (DER) is largely locational, this work examines the system value in adding wind turbines and battery storage to a Northern Irish electricity distribution network. The DER – turbines and storage – were deployed in modules: first, for increased self-consumption of wind energy and secondly, for additional services. The results suggest that, given the current market structure, deploying the DER solely for increased self-consumption, while technically achievable, is not economically feasible. The upgrading approaches profitability and sustainability as the storage is deployed for stacked market services – and could be achieved through suitable market policies.

Suggested Citation

  • Ademulegun, Oluwasola O. & Keatley, Patrick & Agbonaye, Osaru & Moreno Jaramillo, Andres F. & Hewitt, Neil J., 2020. "Towards a sustainable electricity grid: Market and policy for demand-side storage and wind resources," Utilities Policy, Elsevier, vol. 67(C).
    • Handle: RePEc:eee:juipol:v:67:y:2020:i:c:s0957178720301107
    DOI: 10.1016/j.jup.2020.101116
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0957178720301107
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.jup.2020.101116?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Gaspari, Michele & Lorenzoni, Arturo & Frías, Pablo & Reneses, Javier, 2017. "Integrated Energy Services for the industrial sector: an innovative model for sustainable electricity supply," Utilities Policy, Elsevier, vol. 45(C), pages 118-127.
    2. Aneke, Mathew & Wang, Meihong, 2016. "Energy storage technologies and real life applications – A state of the art review," Applied Energy, Elsevier, vol. 179(C), pages 350-377.
    3. Rivero Puente, Enrique Israel & Gerard, Helena & Six, Daan, 2018. "A set of roles for the evolving business of electricity distribution," Utilities Policy, Elsevier, vol. 55(C), pages 178-188.
    4. Le, Khoa Xuan & Huang, Ming Jun & Wilson, Christopher & Shah, Nikhilkumar N. & Hewitt, Neil J., 2020. "Tariff-based load shifting for domestic cascade heat pump with enhanced system energy efficiency and reduced wind power curtailment," Applied Energy, Elsevier, vol. 257(C).
    5. Clastres, Cédric & Percebois, Jacques & Rebenaque, Olivier & Solier, Boris, 2019. "Cross subsidies across electricity network users from renewable self-consumption," Utilities Policy, Elsevier, vol. 59(C), pages 1-1.
    6. Xin Li & Konstantinos J. Chalvatzis & Phedeas Stephanides, 2018. "Innovative Energy Islands: Life-Cycle Cost-Benefit Analysis for Battery Energy Storage," Sustainability, MDPI, vol. 10(10), pages 1-19, September.
    7. Linda Barelli & Gianni Bidini & Paolo Cherubini & Andrea Micangeli & Dario Pelosi & Carlo Tacconelli, 2019. "How Hybridization of Energy Storage Technologies Can Provide Additional Flexibility and Competitiveness to Microgrids in the Context of Developing Countries," Energies, MDPI, vol. 12(16), pages 1-22, August.
    8. Stefano Pietrosanti & William Holderbaum & Victor M. Becerra, 2016. "Optimal Power Management Strategy for Energy Storage with Stochastic Loads," Energies, MDPI, vol. 9(3), pages 1-17, March.
    9. Bradshaw, Amanda, 2017. "Regulatory change and innovation in Latin America: The case of renewable energy in Brazil," Utilities Policy, Elsevier, vol. 49(C), pages 156-164.
    10. Hoppmann, Joern & Huenteler, Joern & Girod, Bastien, 2014. "Compulsive policy-making—The evolution of the German feed-in tariff system for solar photovoltaic power," Research Policy, Elsevier, vol. 43(8), pages 1422-1441.
    11. Klaassen, E.A.M. & van Gerwen, R.J.F. & Frunt, J. & Slootweg, J.G., 2017. "A methodology to assess demand response benefits from a system perspective: A Dutch case study," Utilities Policy, Elsevier, vol. 44(C), pages 25-37.
    12. Finn, Paddy & Fitzpatrick, Colin, 2014. "Demand side management of industrial electricity consumption: Promoting the use of renewable energy through real-time pricing," Applied Energy, Elsevier, vol. 113(C), pages 11-21.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bahloul, Mohamed & Daoud, Mohamed & Khadem, Shafi K., 2024. "Optimal dispatch of battery energy storage for multi-service provision in a collocated PV power plant considering battery ageing," Energy, Elsevier, vol. 293(C).
    2. D'Adamo, Idiano & Gastaldi, Massimo & Morone, Piergiuseppe, 2022. "The impact of a subsidized tax deduction on residential solar photovoltaic-battery energy storage systems," Utilities Policy, Elsevier, vol. 75(C).

    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.
    1. Oluwasola O. Ademulegun & Patrick Keatley & Motasem Bani Mustafa & Neil J. Hewitt, 2020. "Energy Storage on a Distribution Network for Self-Consumption of Wind Energy and Market Value," Energies, MDPI, vol. 13(11), pages 1-17, May.
    2. Osaru Agbonaye & Patrick Keatley & Ye Huang & Motasem Bani Mustafa & Neil Hewitt, 2020. "Design, Valuation and Comparison of Demand Response Strategies for Congestion Management," Energies, MDPI, vol. 13(22), pages 1-29, November.
    3. Sivaneasan, Balakrishnan & Kandasamy, Nandha Kumar & Lim, May Lin & Goh, Kwang Ping, 2018. "A new demand response algorithm for solar PV intermittency management," Applied Energy, Elsevier, vol. 218(C), pages 36-45.
    4. Zhixian Wang & Ying Wang & Qia Ding & Chen Wang & Kaifeng Zhang, 2020. "Energy Storage Economic Analysis of Multi-Application Scenarios in an Electricity Market: A Case Study of China," Sustainability, MDPI, vol. 12(20), pages 1-17, October.
    5. Cruz, Marco R.M. & Fitiwi, Desta Z. & Santos, Sérgio F. & Catalão, João P.S., 2018. "A comprehensive survey of flexibility options for supporting the low-carbon energy future," Renewable and Sustainable Energy Reviews, Elsevier, vol. 97(C), pages 338-353.
    6. Miguel J. Prieto & Juan Á. Martínez & Rogelio Peón & Lourdes Á. Barcia & Fernando Nuño, 2017. "On the Convenience of Using Simulation Models to Optimize the Control Strategy of Molten-Salt Heat Storage Systems in Solar Thermal Power Plants," Energies, MDPI, vol. 10(7), pages 1-17, July.
    7. Stern, Nicholas, 2018. "Public economics as if time matters: Climate change and the dynamics of policy," Journal of Public Economics, Elsevier, vol. 162(C), pages 4-17.
    8. Qin, Chao & Saunders, Gordon & Loth, Eric, 2017. "Offshore wind energy storage concept for cost-of-rated-power savings," Applied Energy, Elsevier, vol. 201(C), pages 148-157.
    9. Cinzia Battistella & Maria Rosita Cagnina & Lucia Cicero & Nadia Preghenella, 2018. "Sustainable Business Models of SMEs: Challenges in Yacht Tourism Sector," Sustainability, MDPI, vol. 10(10), pages 1-20, September.
    10. Majdalani, Naim & Aelenei, Daniel & Lopes, Rui Amaral & Silva, Carlos Augusto Santo, 2020. "The potential of energy flexibility of space heating and cooling in Portugal," Utilities Policy, Elsevier, vol. 66(C).
    11. Reichardt, Kristin & Rogge, Karoline S. & Negro, Simona, 2015. "Unpacking the policy processes for addressing systemic problems: The case of the technological innovation system of offshore wind in Germany," Working Papers "Sustainability and Innovation" S2/2015, Fraunhofer Institute for Systems and Innovation Research (ISI).
    12. Guelpa, Elisa & Bischi, Aldo & Verda, Vittorio & Chertkov, Michael & Lund, Henrik, 2019. "Towards future infrastructures for sustainable multi-energy systems: A review," Energy, Elsevier, vol. 184(C), pages 2-21.
    13. Barelli, L. & Bidini, G. & Bonucci, F. & Castellini, L. & Fratini, A. & Gallorini, F. & Zuccari, A., 2019. "Flywheel hybridization to improve battery life in energy storage systems coupled to RES plants," Energy, Elsevier, vol. 173(C), pages 937-950.
    14. Zheng, Yingying & Jenkins, Bryan M. & Kornbluth, Kurt & Kendall, Alissa & Træholt, Chresten, 2018. "Optimization of a biomass-integrated renewable energy microgrid with demand side management under uncertainty," Applied Energy, Elsevier, vol. 230(C), pages 836-844.
    15. Hossein Lotfi & Mohammad Hasan Nikkhah, 2024. "Multi-Objective Profit-Based Unit Commitment with Renewable Energy and Energy Storage Units Using a Modified Optimization Method," Sustainability, MDPI, vol. 16(4), pages 1-29, February.
    16. Liu, Jicheng & Sun, Jiakang & Yuan, Hanying & Su, Yihan & Feng, Shuxian & Lu, Chaoran, 2022. "Behavior analysis of photovoltaic-storage-use value chain game evolution in blockchain environment," Energy, Elsevier, vol. 260(C).
    17. Masebinu, S.O. & Akinlabi, E.T. & Muzenda, E. & Aboyade, A.O., 2017. "Techno-economics and environmental analysis of energy storage for a student residence under a South African time-of-use tariff rate," Energy, Elsevier, vol. 135(C), pages 413-429.
    18. Geels, Frank W. & Kern, Florian & Fuchs, Gerhard & Hinderer, Nele & Kungl, Gregor & Mylan, Josephine & Neukirch, Mario & Wassermann, Sandra, 2016. "The enactment of socio-technical transition pathways: A reformulated typology and a comparative multi-level analysis of the German and UK low-carbon electricity transitions (1990–2014)," Research Policy, Elsevier, vol. 45(4), pages 896-913.
    19. Rik B Braams & Joeri H Wesseling & Albert J Meijer & Marko P Hekkert, 2022. "Understanding why civil servants are reluctant to carry out transition tasks [“Legitimation” and “development of positive Externalities”: Two Key Processes in the Formation Phase of Technological I," Science and Public Policy, Oxford University Press, vol. 49(6), pages 905-914.
    20. Behnam Zakeri & Samuli Rinne & Sanna Syri, 2015. "Wind Integration into Energy Systems with a High Share of Nuclear Power—What Are the Compromises?," Energies, MDPI, vol. 8(4), pages 1-35, March.

    Corrections

    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:eee:juipol:v:67:y:2020:i:c:s0957178720301107. 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: Catherine Liu (email available below). General contact details of provider: https://www.sciencedirect.com/journal/utilities-policy .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.