Thetechnical analysis is done through power flow techniques using the NEPLAN 360 modellingtool while an existing market pricing scheme is used in analysing the feasibility of project. All storage options that meet theperformance characteristics required are selected for economic and technical analysis. To demonstrate the benefits ofadding an energy storage at a distribution network having a typical peak load of 1,000 kW andtwo wind turbines, a 2MW/4MWh storage is installed. Windenergy, being a renewable resource, could be generated and stored within the customer premiseswhile using the captured energy to provide various services. N2 - It is desirable to maximize the utilization of renewable energy resources. T1 - Energy Storage for Increasing Self-Consumption of Wind Energy And Market Value On A Distribution Network Policies thatencourage the integration of storage in delivering more benefits across the electricity supplychain make storage project profitable.", Usingthe storage to provide stacked market services makes the project more profitable. New integration possibilities and potential benefitsof storage suggest how changes in market conditions could impact the profitability of the project.Self-consumption of wind energy increased by about 10% after introducing the storage. Toavoid the errors inherent in price quotes, hypothesised price ranges are used in estimating storagecosts and a likely payback period of project. Policies thatĮncourage the integration of storage in delivering more benefits across the electricity supplyĪbstract = "It is desirable to maximize the utilization of renewable energy resources. The storage to provide stacked market services makes the project more profitable. Self-consumption of wind energy increased by about 10% after introducing the storage. Of storage suggest how changes in market conditions could impact the profitability of the project. New integration possibilities and potential benefits ToĪvoid the errors inherent in price quotes, hypothesised price ranges are used in estimating storageĬosts and a likely payback period of project.
Tool while an existing market pricing scheme is used in analysing the feasibility of project.
Technical analysis is done through power flow techniques using the NEPLAN 360 modelling Performance characteristics required are selected for economic and technical analysis. Two wind turbines, a 2MW/4MWh storage is installed.
To demonstrate the benefits ofĪdding an energy storage at a distribution network having a typical peak load of 1,000 kW and While using the captured energy to provide various services. WindĮnergy, being a renewable resource, could be generated and stored within the customer premises It is desirable to maximize the utilization of renewable energy resources.