Capacity value of energy storage considering control strategies

Nian Shi and Yi Luo

PLOS ONE, 2017, vol. 12, issue 5, 1-17

Abstract: In power systems, energy storage effectively improves the reliability of the system and smooths out the fluctuations of intermittent energy. However, the installed capacity value of energy storage cannot effectively measure the contribution of energy storage to the generator adequacy of power systems. To achieve a variety of purposes, several control strategies may be utilized in energy storage systems. The purpose of this paper is to study the influence of different energy storage control strategies on the generation adequacy. This paper presents the capacity value of energy storage to quantitatively estimate the contribution of energy storage on the generation adequacy. Four different control strategies are considered in the experimental method to study the capacity value of energy storage. Finally, the analysis of the influence factors on the capacity value under different control strategies is given.

Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:plo:pone00:0178466

DOI: 10.1371/journal.pone.0178466

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