Energy Storage in Energy Markets Book

Energy Storage in Energy Markets

  • Author : Behnam Mohammadi-Ivatloo
  • Publisher : Academic Press
  • Release Date : 2021-04-30
  • Genre: Science
  • Pages : 452
  • ISBN 10 : 9780128203835

Energy Storage in Energy Markets Excerpt :

Energy Storage in Energy Markets reviews the modeling, design, analysis, optimization and impact of energy storage systems in energy markets in a way that is ideal for an audience of researchers and practitioners. The book provides deep insights on potential benefits and revenues, economic evaluation, investment challenges, risk analysis, technical requirements, and the impacts of energy storage integration. Heavily referenced and easily accessible to policymakers, developers, engineer, researchers and students alike, this comprehensive resource aims to fill the gap in the role of energy storage in pool/local energy/ancillary service markets and other multi-market commerce. Chapters elaborate on energy market fundamentals, operations, energy storage fundamentals, components, and the role and impact of storage systems on energy systems from different aspects, such as environmental, technical and economics, the role of storage devices in uncertainty handling in energy systems and their contributions in resiliency and reliability improvement. Provides integrated techno-economic analysis of energy storage systems and the energy markets Reviews impacts of electric vehicles as moving energy storage and loads on the electricity market Analyzes the role and impact of energy storage systems in the energy, ancillary, reserve and regulatory multi-market business Applies advanced methods to the economic integration of large-scale energy storage systems Develops an evaluation framework for energy market storage systems

Energy Storage at Different Voltage Levels Book

Energy Storage at Different Voltage Levels

  • Author : Ahmed F. Zobaa
  • Publisher : Energy Engineering
  • Release Date : 2018-10
  • Genre: Technology & Engineering
  • Pages : 353
  • ISBN 10 : 9781785613494

Energy Storage at Different Voltage Levels Excerpt :

In an era of increasing contributions from intermittent renewable resources, energy storage is becoming more important to ensure a resilient/reliable electricity supply. This book presents the technology, integration and market aspects of energy storage in the various generation, transmission, distribution, and customer levels of the grid.

Uncertainties in energy markets and their consideration in energy storage evaluation Book

Uncertainties in energy markets and their consideration in energy storage evaluation

  • Author : Keles, Dogan
  • Publisher : KIT Scientific Publishing
  • Release Date : 2014-05-22
  • Genre: Business
  • Pages : 260
  • ISBN 10 : 9783731500469

Uncertainties in energy markets and their consideration in energy storage evaluation Excerpt :

This book successfully illustrates the modeling of electricity prices with the help of stochastic processes. The relatively new phenomenon of negative prices is also integrated into the models. The integration of feed-in from wind power plants in energy models is also very innovative. This approach helps to simulate electricity prices in order to take into account the "merit-order effect of renewable energy". Finally, the models are used for the techno-economic evaluation of energy storages.

Energy Storage Book

Energy Storage

  • Author : Richard Baxter
  • Publisher : Pennwell Corporation
  • Release Date : 2006
  • Genre: Science
  • Pages : 302
  • ISBN 10 : UOM:39015063274172

Energy Storage Excerpt :

Storage and the electric power industry -- Storage in other energy markets -- Electricity storage technologies -- Applications -- Renewable energy and storage -- Our new energy future.

Thermal  Mechanical  and Hybrid Chemical Energy Storage Systems Book

Thermal Mechanical and Hybrid Chemical Energy Storage Systems

  • Author : Klaus Brun
  • Publisher : Academic Press
  • Release Date : 2020-09-24
  • Genre: Technology & Engineering
  • Pages : 634
  • ISBN 10 : 9780128198940

Thermal Mechanical and Hybrid Chemical Energy Storage Systems Excerpt :

Thermal, Mechanical, and Hybrid Chemical Energy Storage Systems provides unique and comprehensive guidelines on all non-battery energy storage technologies, including their technical and design details, applications, and how to make decisions and purchase them for commercial use. The book covers all short and long-term electric grid storage technologies that utilize heat or mechanical potential energy to store electricity, including their cycles, application, advantages and disadvantages, such as round-trip-efficiency, duration, cost and siting. Also discussed are hybrid technologies that utilize hydrogen as a storage medium aside from battery technology. Readers will gain substantial knowledge on all major mechanical, thermal and hybrid energy storage technologies, their market, operational challenges, benefits, design and application criteria. Provide a state-of-the-art, ongoing R&D review Covers comprehensive energy storage hybridization tactics Features standalone chapters containing technology advances, design and applications

Electrochemical Energy Storage for Renewable Sources and Grid Balancing Book

Electrochemical Energy Storage for Renewable Sources and Grid Balancing

  • Author : Patrick T. Moseley
  • Publisher : Newnes
  • Release Date : 2014-10-27
  • Genre: Technology & Engineering
  • Pages : 492
  • ISBN 10 : 9780444626103

Electrochemical Energy Storage for Renewable Sources and Grid Balancing Excerpt :

Electricity from renewable sources of energy is plagued by fluctuations (due to variations in wind strength or the intensity of insolation) resulting in a lack of stability if the energy supplied from such sources is used in ‘real time’. An important solution to this problem is to store the energy electrochemically (in a secondary battery or in hydrogen and its derivatives) and to make use of it in a controlled fashion at some time after it has been initially gathered and stored. Electrochemical battery storage systems are the major technologies for decentralized storage systems and hydrogen is the only solution for long-term storage systems to provide energy during extended periods of low wind speeds or solar insolation. Future electricity grid design has to include storage systems as a major component for grid stability and for security of supply. The technology of systems designed to achieve this regulation of the supply of renewable energy, and a survey of the markets that they will serve, is the subject of this book. It includes economic aspects to guide the development of technology in the right direction. Provides state-of-the-art information on all of the storage systems together with an assessment of competing technologies Features detailed technical, economic and environmental impact information of different storage systems Contains information about the challenges that must be faced for batteries and hydrogen-storage to be used in conjunction with a fluctuating (renewable energy) power supply

Gravity Energy Storage Book

Gravity Energy Storage

  • Author : Asmae Berrada
  • Publisher : Unknown
  • Release Date : 2019-06
  • Genre: Science
  • Pages : 230
  • ISBN 10 : 0128167173

Gravity Energy Storage Excerpt :

Gravity Energy Storage provides a comprehensive analysis of a novel energy storage system. This technology is based on the working principle of the well-established pumped hydro energy storage, but discusses the differences and benefits of the new gravity system. This book provides coverage of the development, feasibility, design, performance, operation, and the economics associated with the implementation of such storage technology. In addition, a number of modeling approaches are proposed as a solution to various difficulties such proper sizing, application, value and optimal design of the system. It includes both technical and economic aspects to guide the realization of this storage system in the right direction. Finally, political considerations and barriers are addressed to complement this work. Discusses the feasibility of gravity energy storage technology Analyzes the storage system by modelling various system components Uniquely discusses the characteristics of this technology, giving consideration to it being an attractive solution to the integration of large-scale intermittent renewable energy

Handbook on Electricity Markets Book

Handbook on Electricity Markets

  • Author : Glachant, Jean-Michel
  • Publisher : Edward Elgar Publishing
  • Release Date : 2021-11-12
  • Genre: Business & Economics
  • Pages : 672
  • ISBN 10 : 9781788979955

Handbook on Electricity Markets Excerpt :

With twenty-two chapters written by leading international experts, this volume represents the most detailed and comprehensive Handbook on electricity markets ever published.

Energy Markets and Economics     Book

Energy Markets and Economics

  • Author : Seema Narayan
  • Publisher : MDPI
  • Release Date : 2020-12-29
  • Genre: Science
  • Pages : 190
  • ISBN 10 : 9783039366767

Energy Markets and Economics Excerpt :

This issue brings together a collection of papers that provide economic insights into the modern energy market, which is still dominated by crude oil but has expanded to incorporate new energy sources in the form of coal, natural gas, and a mixture of renewable energy sources. Given the differences in the dynamics at play with different energy sources, particularly in relation to price determination, the impact they have on the environment, their importance in the energy mix and energy policy, and so forth, it has become imperative to check their behavior using economic models. Papers 1–3 provide some perspective on oil price determination by focusing on the time-varying nature of supply shocks linked to oil producers (Paper 1), OPEC’s announcements (2), and the heterogeneous interconnections of supply or demand shocks over time horizons and different countries (3). Papers 4–6 compare different energy sources within the energy market and other markets (4); explore the importance of energy storage in the electricity market (5); and examine the dynamic relationship between prices of substitutes (oil price) on the natural gas market in China (6). The final four studies examine the impact of renewable and nonrenewable energy on the macroeconomy and the environment.

Energy Markets and Responsive Grids Book

Energy Markets and Responsive Grids

  • Author : Sean Meyn
  • Publisher : Springer
  • Release Date : 2018-06-09
  • Genre: Science
  • Pages : 518
  • ISBN 10 : 9781493978229

Energy Markets and Responsive Grids Excerpt :

This volume consists of selected essays by participants of the workshop Control at Large Scales: Energy Markets and Responsive Grids held at the Institute for Mathematics and its Applications, Minneapolis, Minnesota, U.S.A. from May 9-13, 2016. The workshop brought together a diverse group of experts to discuss current and future challenges in energy markets and controls, along with potential solutions. The volume includes chapters on significant challenges in the design of markets and incentives, integration of renewable energy and energy storage, risk management and resilience, and distributed and multi-scale optimization and control. Contributors include leading experts from academia and industry in power systems and markets as well as control science and engineering. This volume will be of use to experts and newcomers interested in all aspects of the challenges facing the creation of a more sustainable electricity infrastructure, in areas such as distributed and stochastic optimization and control, stability theory, economics, policy, and financial mathematics, as well as in all aspects of power system operation.

Energy Management of Distributed Generation Systems Book

Energy Management of Distributed Generation Systems

  • Author : Lucian Mihet-Popa
  • Publisher : BoD – Books on Demand
  • Release Date : 2016-07-13
  • Genre: Technology & Engineering
  • Pages : 264
  • ISBN 10 : 9789535124733

Energy Management of Distributed Generation Systems Excerpt :

The book contains 10 chapters, and it is divided into four sections. The first section includes three chapters, providing an overview of Energy Management of Distributed Systems. It outlines typical concepts, such as Demand-Side Management, Demand Response, Distributed, and Hierarchical Control for Smart Micro-Grids. The second section contains three chapters and presents different control algorithms, software architectures, and simulation tools dedicated to Energy Management Systems. In the third section, the importance and the role of energy storage technology in a Distribution System, describing and comparing different types of energy storage systems, is shown. The fourth section shows how to identify and address potential threats for a Home Energy Management System. Finally, the fifth section discusses about Economical Optimization of Operational Cost for Micro-Grids, pointing out the effect of renewable energy sources, active loads, and energy storage systems on economic operation.

Energy Storage and Civilization Book

Energy Storage and Civilization

  • Author : Graham Palmer
  • Publisher : Springer Nature
  • Release Date : 2020-01-17
  • Genre: Technology & Engineering
  • Pages : 173
  • ISBN 10 : 9783030330934

Energy Storage and Civilization Excerpt :

Fossil fuels comprise the accumulation of prehistoric biomass that was energised by sunlight, and formed by earth system dynamics. Fossil fuels can be conceptualized as stored energy stocks that can be readily converted to power flows, on demand. A transition from a reliance on stored energy stocks, to renewable energy flows, will require a replication of energy storage by technological devices and energy conversion methods. Most analyses of energy storage focus solely on the economic-technical properties of storage within incumbent energy systems. This book broadens the scope of the study of storage by placing it within a broader, historical, biophysical framework. The role and value of storage is examined from first principles, and framed within the contemporary context of electrical grids and markets. The energy-economic cost of electrical storage may be critical to the efficacy of high penetration renewable scenarios, and understanding the costs and benefits of storage is needed for a proper assessment of storage in energy transition studies. This book provides a starting point for engineers, scientists and energy analysts for exploring the role of storage in energy transition studies, and for gaining an appreciation of the biophysical constraints of storage.

Storing Energy Book

Storing Energy

  • Author : Trevor M. Letcher
  • Publisher : Elsevier
  • Release Date : 2022-01-18
  • Genre: Technology & Engineering
  • Pages : 872
  • ISBN 10 : 9780128245118

Storing Energy Excerpt :

Storing Energy: With Special Reference to Renewable Energy Sources, Second Edition has been fully revised and substantially extended to provide up-to-date and essential discussion that will support the needs of the world’s future energy and climate change policies. New sections cover thermal energy storage, tidal storage, sustainability issues in relation to storing energy and impacts on global energy markets. Various systems are discussed, including mechanical/kinetic, thermal, electrochemical and other chemical, as well as other emerging technologies. Incorporating advancements described in the book will help the people of the world further overcome the problems related to future energy and climate change. Covers all types of energy storage systems, allowing and encouraging comparisons to be made Written by world experts in the field to provide the latest developments in this fast moving and vital technology Covers the technical, environmental, social and political aspects related to the storing of energy, and in particular, renewable energy

Handbook on Battery Energy Storage System Book

Handbook on Battery Energy Storage System

  • Author : Asian Development Bank
  • Publisher : Asian Development Bank
  • Release Date : 2018-12-01
  • Genre: Technology & Engineering
  • Pages : 90
  • ISBN 10 : 9789292614713

Handbook on Battery Energy Storage System Excerpt :

This handbook serves as a guide to deploying battery energy storage technologies, specifically for distributed energy resources and flexibility resources. Battery energy storage technology is the most promising, rapidly developed technology as it provides higher efficiency and ease of control. With energy transition through decarbonization and decentralization, energy storage plays a significant role to enhance grid efficiency by alleviating volatility from demand and supply. Energy storage also contributes to the grid integration of renewable energy and promotion of microgrid.

Energy Storage for Smart Grids Book
Score: 5
From 1 Ratings

Energy Storage for Smart Grids

  • Author : Pengwei Du
  • Publisher : Academic Press
  • Release Date : 2014-10-18
  • Genre: Technology & Engineering
  • Pages : 366
  • ISBN 10 : 9780124095434

Energy Storage for Smart Grids Excerpt :

Energy storage is a main component of any holistic consideration of smart grids, particularly when incorporating power derived from variable, distributed and renewable energy resources. Energy Storage for Smart Grids delves into detailed coverage of the entire spectrum of available and emerging storage technologies, presented in the context of economic and practical considerations. Featuring the latest research findings from the world’s foremost energy storage experts, complete with data analysis, field tests, and simulation results, this book helps device manufacturers develop robust business cases for the inclusion of storage in grid applications. It also provides the comparisons and explanations grid planners and operators need to make informed decisions about which storage solutions will be most successful when implemented in operational grids. Connects the latest research findings in energy storage with strategies for economical and practical implementation in grid systems Brings together diverse knowledge resources in one comprehensive volume covering all major storage technologies, explained by experts from the world's leading research institutions Includes detailed data analysis from field tests and simulations to help planners and engineers choose the storage method that will add the most value to their grid operations