Thesenpapier: A primer about storage in bottom-up models of future energy systems. Fundamentals of storage operation and investment in competitive long-term equilibria
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Steven A. Gabriel & Antonio J. Conejo & J. David Fuller & Benjamin F. Hobbs & Carlos Ruiz, 2013. "Complementarity Modeling in Energy Markets," International Series in Operations Research and Management Science, Springer, edition 127, number 978-1-4419-6123-5, January.
- Newbery, David, 2016.
"Missing money and missing markets: Reliability, capacity auctions and interconnectors,"
Energy Policy, Elsevier, vol. 94(C), pages 401-410.
- David Newbery, 2015. "Missing Money and Missing Markets: Reliability, Capacity Auctions and Interconnectors," Cambridge Working Papers in Economics 1513, Faculty of Economics, University of Cambridge.
- David Newbery, 2015. "Missing Money and Missing Markets: Reliability, Capacity Auctions and Interconnectors," Working Papers EPRG 1508, Energy Policy Research Group, Cambridge Judge Business School, University of Cambridge.
- Steffen, Bjarne, 2012. "Prospects for pumped-hydro storage in Germany," Energy Policy, Elsevier, vol. 45(C), pages 420-429.
- Sunderkötter, Malte & Weber, Christoph, 2012. "Valuing fuel diversification in power generation capacity planning," Energy Economics, Elsevier, vol. 34(5), pages 1664-1674.
- 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.
- 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.
- Steffen, Bjarne & Weber, Christoph, 2013.
"Efficient storage capacity in power systems with thermal and renewable generation,"
Energy Economics, Elsevier, vol. 36(C), pages 556-567.
- Bjarne Steffen & Christoph Weber, 2011. "Efficient storage capacity in power systems with thermal and renewable generation," EWL Working Papers 1104, University of Duisburg-Essen, Chair for Management Science and Energy Economics, revised Aug 2011.
- Bradbury, Kyle & Pratson, Lincoln & Patiño-Echeverri, Dalia, 2014. "Economic viability of energy storage systems based on price arbitrage potential in real-time U.S. electricity markets," Applied Energy, Elsevier, vol. 114(C), pages 512-519.
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.- Simshauser, P. & Gohde, N., 2024. "3-Party Covenant Financing of 'Semi-Regulated’ Pumped Hydro Assets," Cambridge Working Papers in Economics 2425, Faculty of Economics, University of Cambridge.
- 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.
- Steffen, Bjarne & Weber, Christoph, 2013.
"Efficient storage capacity in power systems with thermal and renewable generation,"
Energy Economics, Elsevier, vol. 36(C), pages 556-567.
- Bjarne Steffen & Christoph Weber, 2011. "Efficient storage capacity in power systems with thermal and renewable generation," EWL Working Papers 1104, University of Duisburg-Essen, Chair for Management Science and Energy Economics, revised Aug 2011.
- Durmaz, Tunç, 2016.
"Precautionary Storage in Electricity Markets,"
Discussion Papers
2016/5, Norwegian School of Economics, Department of Business and Management Science.
- Tunç Durmaz, 2016. "Precautionary Storage in Electricity Markets," Working Papers 2016.07, FAERE - French Association of Environmental and Resource Economists.
- Ardizzon, G. & Cavazzini, G. & Pavesi, G., 2014. "A new generation of small hydro and pumped-hydro power plants: Advances and future challenges," Renewable and Sustainable Energy Reviews, Elsevier, vol. 31(C), pages 746-761.
- Chen, Yang & Odukomaiya, Adewale & Kassaee, Saiid & O’Connor, Patrick & Momen, Ayyoub M. & Liu, Xiaobing & Smith, Brennan T., 2019. "Preliminary analysis of market potential for a hydropneumatic ground-level integrated diverse energy storage system," Applied Energy, Elsevier, vol. 242(C), pages 1237-1247.
- Waterson, Michael, 2017. "The characteristics of electricity storage, renewables and markets," Energy Policy, Elsevier, vol. 104(C), pages 466-473.
- de Sisternes, Fernando J. & Jenkins, Jesse D. & Botterud, Audun, 2016. "The value of energy storage in decarbonizing the electricity sector," Applied Energy, Elsevier, vol. 175(C), pages 368-379.
- Wu, Wei & Lin, Boqiang, 2018. "Application value of energy storage in power grid: A special case of China electricity market," Energy, Elsevier, vol. 165(PB), pages 1191-1199.
- 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.
- Javed, Muhammad Shahzad & Ma, Tao & Jurasz, Jakub & Amin, Muhammad Yasir, 2020. "Solar and wind power generation systems with pumped hydro storage: Review and future perspectives," Renewable Energy, Elsevier, vol. 148(C), pages 176-192.
- Ida Bakke & Stein-Erik Fleten & Lars Ivar Hagfors & Verena Hagspiel & Beate Norheim & Sonja Wogrin, 2016. "Investment in electric energy storage under uncertainty: a real options approach," Computational Management Science, Springer, vol. 13(3), pages 483-500, July.
- Inzunza, Andrés & Moreno, Rodrigo & Bernales, Alejandro & Rudnick, Hugh, 2016. "CVaR constrained planning of renewable generation with consideration of system inertial response, reserve services and demand participation," Energy Economics, Elsevier, vol. 59(C), pages 104-117.
- Zafirakis, Dimitrios & Chalvatzis, Konstantinos J. & Baiocchi, Giovanni & Daskalakis, George, 2013. "Modeling of financial incentives for investments in energy storage systems that promote the large-scale integration of wind energy," Applied Energy, Elsevier, vol. 105(C), pages 138-154.
- Haas, J. & Cebulla, F. & Cao, K. & Nowak, W. & Palma-Behnke, R. & Rahmann, C. & Mancarella, P., 2017. "Challenges and trends of energy storage expansion planning for flexibility provision in low-carbon power systems – a review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 603-619.
- Csereklyei, Zsuzsanna & Kallies, Anne & Diaz Valdivia, Andres, 2021. "The status of and opportunities for utility-scale battery storage in Australia: A regulatory and market perspective," Utilities Policy, Elsevier, vol. 73(C).
- Rangarajan, Arvind & Foley, Sean & Trück, Stefan, 2023. "Assessing the impact of battery storage on Australian electricity markets," Energy Economics, Elsevier, vol. 120(C).
- Petr Spodniak, Valentin Bertsch, and Mel Devine, 2021.
"The Profitability of Energy Storage in European Electricity Markets,"
The Energy Journal, International Association for Energy Economics, vol. 0(Number 5).
- Spodniak, Petr & Bertsch, Valentin & Devine, Mel, 2018. "The profitability of energy storage in European electricity markets," Papers WP605, Economic and Social Research Institute (ESRI).
- Benjamin Botor & Benjamin Boecker & Thomas Kalabis & Christoph Weber, "undated". "Estimating the value of flexibility from real options: On the accuracy of hybrid electricity price models," EWL Working Papers 1805, University of Duisburg-Essen, Chair for Management Science and Energy Economics.
- Cavazzini, Giovanna & Houdeline, Jean-Bernard & Pavesi, Giorgio & Teller, Olivier & Ardizzon, Guido, 2018. "Unstable behaviour of pump-turbines and its effects on power regulation capacity of pumped-hydro energy storage plants," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 399-409.
More about this item
NEP fields
This paper has been announced in the following NEP Reports:- NEP-GER-2020-08-24 (German Papers)
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:dui:wpaper:2002. 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: Andreas Fritz (email available below). General contact details of provider: https://edirc.repec.org/data/fwessde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.