Assessment of storage system benefits on the reliability and the cost of composite electric power systems

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Tarih

2022

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Yayıncı

Institute of Electrical and Electronics Engineers Inc.

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

Increasing penetration of intermittent renewable generation and demand uncertainty in electric power systems has accelerated the efforts to improve system reliability. This study presents a method to identify the benefits of the two representative storage systems in composite electric power systems in terms of system reliability and cost-effectivity. At first, the reliability indices of the system are determined using the results of contingency analysis integrated with Monte Carlo simulations. Then the total costs, including the generation, storage, and low-reliability costs, are calculated. The proposed method is applied to the IEEE-RTS-96 test system to quantify the benefits. The two alternatives, namely, Compressed Air Energy Storage Systems (CAES) and Battery Energy Storage Systems (BESS), are compared to their overall cost benefits. © 2022 IEEE.

Açıklama

7th IEEE International Energy Conference, ENERGYCON 2022 -- 9 May 2022 through 12 May 2022 -- -- 181231

Anahtar Kelimeler

Battery Energy Storage System, Composite System Reliability Assessment, Compressed Air Energy Storage, Cost-Effectivity, Energy Storage systems, Monte Carlo simulation

Kaynak

ENERGYCON 2022 - 2022 IEEE 7th International Energy Conference, Proceedings

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Scopus Q Değeri

N/A

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