Evaluation of Capacity Adequacy and Flexibility Capability of Energy Storage Systems in New Power Systems

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Under the development requirements of the 'dual carbon' goals and the new power system, renewable energy is rapidly expanding. However, challenges such as the uncertainty of renewable energy output, frequent extreme weather events, and the increasing peak load of current electricity demand pose significant obstacles to the secure and economical operation of the power system. Energy storage can effectively mitigate peak shaving and fill valleys over certain time scales, thereby smoothing the uncertainty of renewable energy. Evaluating the adequacy of energy storage and its flexibility in adjustment is crucial for optimizing its planning and rational deployment. This paper addresses uncertainties in both supply and demand, along with the seasonal variations in renewable energy availability.to establish a capacity adequacy assessment framework for new power systems across different time scales. This framework aims to provide references for determining the reasonable capacity requirements of the power system. Starting from marginal benefits and saturation effects, it investigates quantitative evaluation methods for the multi-time-scale, multi-type energy storage capacity value and flexible regulation capabilities, laying a foundation for fully assessing the various values of multi-type energy storage and leveraging their complementary advantages.

Original languageEnglish
Title of host publicationProceedings - 2024 4th Power System and Green Energy Conference, PSGEC 2024
EditorsGuojie Li, Zhigang Li
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages792-798
Number of pages7
ISBN (Electronic)9798350365573
DOIs
StatePublished - 2024
Event4th Power System and Green Energy Conference, PSGEC 2024 - Shanghai, China
Duration: 22 Aug 202424 Aug 2024

Publication series

NameProceedings - 2024 4th Power System and Green Energy Conference, PSGEC 2024

Conference

Conference4th Power System and Green Energy Conference, PSGEC 2024
Country/TerritoryChina
CityShanghai
Period22/08/2424/08/24

Keywords

  • flexible regulation capability
  • multi-type energy storage
  • multiple time scales
  • security of supply capacity value

Fingerprint

Dive into the research topics of 'Evaluation of Capacity Adequacy and Flexibility Capability of Energy Storage Systems in New Power Systems'. Together they form a unique fingerprint.

Cite this