Techniques for assessing the value of energy storage in the transition to and operation of smartgrids

Rebecca Carter; Graham Ault; Ivana Kockar

doi:10.1109/PES.2010.5590071

Techniques for assessing the value of energy storage in the transition to and operation of smartgrids

Rebecca Carter, Graham Ault, Ivana Kockar

Electronic And Electrical Engineering

Research output: Contribution to conference › Paper

Abstract

This paper will discuss the purpose and value of energy storage as a transitional technology towards SmartGrids, as well as its utilization within the future network operational arrangements. The paper will investigate assessment techniques of energy storage at a local, system and global level, with a focus on the ways that energy storage may be valued. The paper will analyse existing techniques that are used to evaluate factors which influence decisions on the value of storage, and indicate areas which require further development in order to enable effective deployment of energy storage on current and future grids.

Original language	English
Pages	1-4
Number of pages	4
DOIs	https://doi.org/10.1109/PES.2010.5590071
Publication status	Published - Jul 2010
Event	IEEE PES General Meeting - Minneapolis, United States Duration: 26 Jul 2010 → 30 Jul 2010

Conference

Conference	IEEE PES General Meeting
Country	United States
City	Minneapolis
Period	26/07/10 → 30/07/10

Keywords

energy storage
smart power grids
smartgrids
network operational arrangements
energy storage

Access to Document

10.1109/PES.2010.5590071

Cite this

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title = "Techniques for assessing the value of energy storage in the transition to and operation of smartgrids",

abstract = "This paper will discuss the purpose and value of energy storage as a transitional technology towards SmartGrids, as well as its utilization within the future network operational arrangements. The paper will investigate assessment techniques of energy storage at a local, system and global level, with a focus on the ways that energy storage may be valued. The paper will analyse existing techniques that are used to evaluate factors which influence decisions on the value of storage, and indicate areas which require further development in order to enable effective deployment of energy storage on current and future grids.",

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N2 - This paper will discuss the purpose and value of energy storage as a transitional technology towards SmartGrids, as well as its utilization within the future network operational arrangements. The paper will investigate assessment techniques of energy storage at a local, system and global level, with a focus on the ways that energy storage may be valued. The paper will analyse existing techniques that are used to evaluate factors which influence decisions on the value of storage, and indicate areas which require further development in order to enable effective deployment of energy storage on current and future grids.

AB - This paper will discuss the purpose and value of energy storage as a transitional technology towards SmartGrids, as well as its utilization within the future network operational arrangements. The paper will investigate assessment techniques of energy storage at a local, system and global level, with a focus on the ways that energy storage may be valued. The paper will analyse existing techniques that are used to evaluate factors which influence decisions on the value of storage, and indicate areas which require further development in order to enable effective deployment of energy storage on current and future grids.

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KW - smart power grids

KW - smartgrids

KW - network operational arrangements

KW - energy storage

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