Cloud energy storage for grid scale applications in the UK

Ron D. Rappaport and John Miles

Energy Policy, 2017, vol. 109, issue C, 609-622

Abstract: In this paper, the UK's electricity market and battery technologies were researched to determine the economics of aggregating domestic batteries for grid-scale services. A feasibility study was conducted under three scenarios in order to estimate the value of Advanced Lead-Acid (ALA) and Lithium-Ion (LI) batteries for domestic households in the UK. A profit optimization model was built using historical market data, and technical parameters of the batteries. An aggregated system of 5000 batteries was simulated and used to compare and stack value streams of seven different grid-scale services in the UK, including energy arbitrage, reserve and frequency regulation services.

Keywords: Aggregated storage; Ancillary markets; Domestic batteries; Smart-grid; Virtual power plants (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:enepol:v:109:y:2017:i:c:p:609-622

DOI: 10.1016/j.enpol.2017.07.044

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