TechRxiv
2020_06_06_StorageValue_preprint.pdf (308.42 kB)

Method for quantifying value of storage toward reaching 100% renewable electricity

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posted on 08.06.2020, 14:16 by Pedro Andres Sanchez Perez, Rhonda Bailey, Sarah Kurtz, Zabir Mahmud

Optimization models can be quite powerful in identifying a pathway to lowest cost zero-carbon energy systems. However, it is less obvious how to invert the models to calculate the target cost and duration of storage needed for that storage to be a significant solution. Storage is a dispatchable and flexible resource with the ability to perform many functions of grid support, further complicating the analysis. This paper complements existing papers by presenting an academic study of a simplified energy system, demonstrating a method for quantifying cost and duration targets for storage. The simplified analysis also helps to gain intuition about the synergistic relationship between storage and solar energy in a location like the state of California.

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Email Address of Submitting Author

pesapsanchez@gmail.com

ORCID of Submitting Author

https://orcid.org/0000-0002-1708-9203

Submitting Author's Institution

University of California, Merced

Submitting Author's Country

United States of America

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