Towards a sustainable electricity grid: Market and policy for demand-side storage and wind resources

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

Utilities Policy, 2020, vol. 67, issue C

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 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:juipol:v:67:y:2020:i:c:s0957178720301107

DOI: 10.1016/j.jup.2020.101116

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