Scientific article
English

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

Published inEnergy Economics, vol. 85, no. 104495
Publication date2020
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. The analysis covers two countries: France, where the power supply's large nuclear share allows for the discussion of storage impact on a single generator type; and Germany, whose diverse power supply structure enables storage interactions with multiple electricity generators. In the most general case, additional storage capacity increases dispatchable power production (e.g. nuclear, coal) for small wind and solar shares, i.e. it compensates the replacement induced by renewable energies. For larger variable renewable electricity volumes, it actively contributes to dispatchable power replacement. In a diverse power system, this results in storage-induced sequential mutual replacements of power generation from different plant types, as wind and solar capacities are increased. This mechanism is strongly dependent on the technical parameters of the storage assets. As a result, the impact of different storage types can have opposite signs under certain circumstances. The influence of CO2 emission prices, wind and solar profile shapes, and power plant ramping costs is discussed.

Keywords
  • Impact of bulk storage on electricity systems
  • Expansion of wind and solar power
  • Emissions from electricity production
  • De-carbonization of power supply
Research groups
Citation (ISO format)
SOINI, Martin, PARRA MENDOZA, David, PATEL, Martin. Does bulk electricity storage assist wind and solar in replacing dispatchable power production? In: Energy Economics, 2020, vol. 85, n° 104495. doi: 10.1016/j.eneco.2019.104495
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Article (Published version)
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Journal ISSN0140-9883
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