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DOI10.1016/j.enpol.2022.112947
Intermittency and the social role of storage
Waterson M.; Trujillo- Baute E.; Giulietti M.
发表日期2022
ISSN0301-4215
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
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
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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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