Does bulk electricity storage assist wind and solar in replacing dispatchable power production?

Martin Christoph Soini, David Parra and Martin Kumar Patel

Energy Economics, 2020, vol. 85, issue C

Abstract: This paper discusses the impact of bulk electric storage on the production from dispatchable power plants for rising variable renewable electricity shares. Two complementary optimization frameworks are used to represent power systems with a varying degree of complexity. The corresponding models approximate the wholesale electricity market, combined with the rational retirement of dispatchable capacity. Two different generic storage technologies are introduced exogenously to assess their impact on the system.

Keywords: Impact of bulk storage on electricity systems; Expansion of wind and solar power; Emissions from electricity production; De-carbonization of power supply (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:eneeco:v:85:y:2020:i:c:s0140988319302762

DOI: 10.1016/j.eneco.2019.104495

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