The objective of this study was to assess the benefits of introducing a demand side management optimisation controller to a cold thermal storage ice bank. This controller consisted of an ice bank model, an air temperature forecast model and an optimisation algorithm. The financial and grid utilisation benefits produced by implementation of this controller over the current state of the art in ic...

Power systems for South and Central America based on 100% renewable energy (RE) in the year 2030 were calculated for the first time using an hourly resolved energy model. The region was subdivided into 15 sub-regions. Four different scenarios were considered: three according to different high voltage direct current (HVDC) transmission grid development levels (region, country, area-wide) and one...

The price and environmental aspects of electricity storage significantly affect the application green technologies. electrochemical batteries are currently best choice for storing most industrial needs products. Polymer capacitors show very low energy density compared to conventional therefore cannot be widely used disposal. At same time, all other features polymer that characterize battery sys...

Electricity is so basic to the world economy that certain electricity indices are used to express a country's economic standing (consumption or production of electricity per capita) and the standard of living enjoyed by a people (per capita electricity consumption in the domestic sector). Moreover, electricity supply has special characteristics which make the service unique as compared to other...

The study aims at estimating reductions in energy penalty costs of a CO2 capture plant by exploiting price volatility in the electricity markets. The policy implication of this reduced abatement cost could be an increased penetration of Carbon Capture and Storage (CCS) in the future. 'Dispatchable CCS' offers the plant operator the option to choose a desired CO2 capture operating condition base...

Recent advancements in battery technologies may make bulk electricity storage economically feasible. We analyze the value of two electrochemical storage technologies and traditional pumped hydropower storage in the 2010 PJM day-ahead energy market, using a reduced-form unit commitment model. We find that large-scale storage would increase overall social welfare in PJM. However, the annualized c...