Naslov
The role of the energy storage and the demand response in the robust reserve and network- constrained joint electricity and reserve market

Autori
Mimica, Marko ; Sinovčić, Zoran ; Jokić, Andrej ; Krajačić, Goran

Izvornik
Electric Power Systems Research (0378-7796) 204 (2022); 107716, 13

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
Energy storage ; Demand response ; Power system analysis ; Flexibility ; Reserve markets

Sažetak
Increase of the variable renewable energy sources in the power system is causing additional needs for the reserve in the system. On the other hand, the integration of energy storage and the demand response offers additional sources of flexibility in the system. Most of the current studies that model energy systems do not model the reserve market. Because of this, these studies eliminate the possibility to assess the full benefits of energy storage and demand response. The method proposed in this study enables the comparison between the two approaches and evaluates the benefits of energy storage and demand response for both approaches. The case study was conducted on the power system consisted of 13 interconnected nodes. The results showed that the operation cost of the system was 28.1% higher when the reserve constraints were imposed for the most pessimistic scenario. Moreover, the results showed that energy storage and flexible loads achieved significantly higher revenues when they were able to participate in the reserve market. The results indicated the need for the development of the reserve market as well as frameworks that will enable the energy storage and the demand response to participate in the reserve markets.

Izvorni jezik
Engleski

Znanstvena područja
Elektrotehnika, Strojarstvo, Interdisciplinarne tehničke znanosti, Informacijske i komunikacijske znanosti

POVEZANOST RADA