Towards A Sustainable Electricity Grid: Market and Policy for Demand-Side Storage and Wind Resources

Oluwasola Ademulegun; Patrick Keatley; Osaru Agbonaye; Andres F. Moreno Jaramillo; Neil Hewitt

doi:10.1016/j.jup.2020.101116

Towards A Sustainable Electricity Grid: Market and Policy for Demand-Side Storage and Wind Resources

Oluwasola Ademulegun, Patrick Keatley, Osaru Agbonaye, Andres F. Moreno Jaramillo, Neil Hewitt

Queens University Belfast

Research output: Contribution to journal › Article › peer-review

9 Citations (Scopus)

134 Downloads (Pure)

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.

Original language	English
Article number	101116
Pages (from-to)	1-12
Number of pages	12
Journal	Utilities Policy
Volume	67
Early online date	7 Sept 2020
DOIs	https://doi.org/10.1016/j.jup.2020.101116
Publication status	Published (in print/issue) - 31 Dec 2020

Keywords

Electricity grid sustainability Equitable energy market Wind energy storage
Equitable energy market
Wind energy storage

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1016/j.jup.2020.101116

JUIP-D-20-00053Author Accepted Manuscript, 1.63 MB

Cite this

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title = "Towards A Sustainable Electricity Grid: Market and Policy for Demand-Side Storage and Wind Resources",

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.",

keywords = "Electricity grid sustainability Equitable energy market Wind energy storage, Equitable energy market, Wind energy storage",

author = "Oluwasola Ademulegun and Patrick Keatley and Osaru Agbonaye and \{Moreno Jaramillo\}, \{Andres F.\} and Neil Hewitt",

year = "2020",

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language = "English",

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journal = "Utilities Policy",

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T1 - Towards A Sustainable Electricity Grid: Market and Policy for Demand-Side Storage and Wind Resources

AU - Ademulegun, Oluwasola

AU - Keatley, Patrick

AU - Agbonaye, Osaru

AU - Moreno Jaramillo, Andres F.

AU - Hewitt, Neil

PY - 2020/12/31

Y1 - 2020/12/31

N2 - 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.

AB - 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.

KW - Electricity grid sustainability Equitable energy market Wind energy storage

KW - Equitable energy market

KW - Wind energy storage

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M3 - Article

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JO - Utilities Policy

JF - Utilities Policy

M1 - 101116

ER -

Towards A Sustainable Electricity Grid: Market and Policy for Demand-Side Storage and Wind Resources

Abstract

Keywords

UN SDGs

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Patrick Keatley

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Towards A Sustainable Electricity Grid: Market and Policy for Demand-Side Storage and Wind Resources

Abstract

Keywords

UN SDGs

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Fingerprint

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Patrick Keatley

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