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DOI | 10.1016/j.enpol.2022.112947 |
Intermittency and the social role of storage | |
Waterson M.; Trujillo- Baute E.; Giulietti M. | |
发表日期 | 2022 |
ISSN | 0301-4215 |
卷号 | 165 |
英文摘要 | Our paper examines the social benefit of energy storage in terms of smoothing the intermittent output of wind in Britain in the context of a significant wind generation presence. The resultant price smoothing creates benefits as follows: grid scale storage has a price suppressing effect, decreasing the probability of remaining in the high price and high volatility regime during peak hours, and it increases the probability of remaining in the normal regime during off-peak hours. Under the assumption that the effects on market prices are passed through to final consumers, and ignoring the facility construction costs, our results strongly suggest that there are clear potential social advantages resulting from deploying grid-level storage in the presence of intermittent wind generation. © 2022 Elsevier Ltd |
英文关键词 | Intermittency; Markov regime-switching; Price; Storage; Volatility; Wind |
语种 | 英语 |
scopus关键词 | Economic and social effects; Renewable energy resources; Britain; Grid scale; High price; Intermittency; Markov regime-switching; Social benefits; Social roles; Suppressing effects; Volatility; Wind generation; Costs; alternative energy; consumption behavior; cost-benefit analysis; energy storage; power generation; price dynamics; wind field; wind power; United Kingdom |
来源期刊 | Energy Policy
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文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/256226 |
作者单位 | School of Business and Economics, Loughborough University, UK, United Kingdom; Department of Applied Economics, University of Lleida, IEB, UB, Spain; Department of Economics, University of Warwick, UK, United Kingdom |
推荐引用方式 GB/T 7714 | Waterson M.,Trujillo- Baute E.,Giulietti M.. Intermittency and the social role of storage[J],2022,165. |
APA | Waterson M.,Trujillo- Baute E.,&Giulietti M..(2022).Intermittency and the social role of storage.Energy Policy,165. |
MLA | Waterson M.,et al."Intermittency and the social role of storage".Energy Policy 165(2022). |
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