Estimating benefits of energy storage for aggregate storage applications in electricity distribution networks in Queensland
Abeygunawardana, Anula & Ledwich, Gerard (2013) Estimating benefits of energy storage for aggregate storage applications in electricity distribution networks in Queensland. In Proceedings of the 2013 IEEE Power and Energy Society General Meeting (PES), IEEE, Vancouver, Canada, pp. 1-5.
Electric Energy Storage (EES) is considered as one of the promising options for reducing the need for costly upgrades in distribution networks in Queensland (QLD). However, It is expected, the full potential for storage for distribution upgrade deferral cannot be fully realized due to high cost of EES. On the other hand, EES used for distribution deferral application can support a variety of complementary storage applications such as energy price arbitrage, time of use (TOU) energy cost reduction, wholesale electricity market ancillary services, and transmission upgrade deferral. Aggregation of benefits of these complementary storage applications would have the potential for increasing the amount of EES that may be financially attractive to defer distribution network augmentation in QLD. In this context, this paper analyzes distribution upgrade deferral, energy price arbitrage, TOU energy cost reduction, and integrated solar PV-storage benefits of EES devices in QLD.
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|Item Type:||Conference Paper|
|Keywords:||Energy storage, Power system management, Electricity markets|
|Divisions:||Current > Schools > School of Electrical Engineering & Computer Science
Current > QUT Faculties and Divisions > Science & Engineering Faculty
|Deposited On:||20 Feb 2014 22:48|
|Last Modified:||24 Feb 2014 01:46|
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