Integration of Storage Devices into Power Systems with Renewable Energy Sources

The recent advances in the state of the art of storage technology have led to wider deployment of storage technologies. In this project we developed models and a simulation methodology for analyzing the effects of storage integration on transmission constrained electricity markets over longer-term periods. Our goal was to assess the use of storage as a system resource that provides the flexibility to mitigate the effects of integrating variable renewable energy sources into a power system while improving overall system reliability. Storage also has the ability to provide energy and capacity-based ancillary services. In this webinar, we describe how the storage assessment methodologies can be implemented into practical tools to quantify how storage addresses the uncertainty of variable generation resources.