Is battery energy storage economic in islanded power systems? Focus on the island of Jersey

Samuel Cross; Behnam Zakeri; David Padfield; Sanna Syri

doi:10.1109/EEM.2016.7521219

Is battery energy storage economic in islanded power systems? Focus on the island of Jersey

Samuel Cross
, Behnam Zakeri
, David Padfield
, Sanna Syri

Publication: Chapter in book/Conference proceeding › Contribution to conference proceedings

Abstract

Battery energy storage (BES) is attracting increasing attention for balancing variable renewable electricity (VRE) production in mainland power systems. However, the application of storage systems is argued to be even more relevant in islands or isolated systems which suffer more acutely from existing challenges in power system management. This paper investigates the use of storage for the island of Jersey, primarily in for two applications; reducing exposure to peak pricing over the existing interconnector to France, and also deferring or removing completely the need to use of on-island generation to supply peak loads. The results demonstrate that an investment in energy storage cannot be justified merely by the benefits from making profits from these applications. However, we consider how the investment equation could change as the cost of BES falls into the future and if it can provide additional benefits such as avoidance of the cost of replacement generation.

Original language	English
Title of host publication	2016 13th International Conference on the European Energy Market, EEM 2016
Subtitle of host publication	6-9 June 2016, Porto, Portugal
Place of Publication	Danvers, MA
Publisher	IEEE Computer Society
ISBN (Electronic)	9781509012978
DOIs	https://doi.org/10.1109/EEM.2016.7521219
Publication status	Published - 25 Jul 2016
Externally published	Yes
Event	13th International Conference on the European Energy Market, EEM 2016 - Porto, Portugal Duration: 6 Jun 2016 → 9 Jun 2016

Publication series

Series	International Conference on the European Energy Market, EEM
ISSN	2165-4077

Conference

Conference	13th International Conference on the European Energy Market, EEM 2016
Country/Territory	Portugal
City	Porto
Period	6/06/16 → 9/06/16

Bibliographical note

Publisher Copyright:
© 2016 IEEE.

Keywords

Batteries
Cost-benefit analysis
Energy Storage

Access to Document

10.1109/EEM.2016.7521219

Cite this

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title = "Is battery energy storage economic in islanded power systems? Focus on the island of Jersey",

abstract = "Battery energy storage (BES) is attracting increasing attention for balancing variable renewable electricity (VRE) production in mainland power systems. However, the application of storage systems is argued to be even more relevant in islands or isolated systems which suffer more acutely from existing challenges in power system management. This paper investigates the use of storage for the island of Jersey, primarily in for two applications; reducing exposure to peak pricing over the existing interconnector to France, and also deferring or removing completely the need to use of on-island generation to supply peak loads. The results demonstrate that an investment in energy storage cannot be justified merely by the benefits from making profits from these applications. However, we consider how the investment equation could change as the cost of BES falls into the future and if it can provide additional benefits such as avoidance of the cost of replacement generation.",

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Cross, S, Zakeri, B, Padfield, D & Syri, S 2016, Is battery energy storage economic in islanded power systems? Focus on the island of Jersey. in 2016 13th International Conference on the European Energy Market, EEM 2016: 6-9 June 2016, Porto, Portugal., 7521219, IEEE Computer Society, Danvers, MA, International Conference on the European Energy Market, EEM, 13th International Conference on the European Energy Market, EEM 2016, Porto, Portugal, 6/06/16. https://doi.org/10.1109/EEM.2016.7521219

Is battery energy storage economic in islanded power systems? Focus on the island of Jersey. / Cross, Samuel; Zakeri, Behnam; Padfield, David et al.
2016 13th International Conference on the European Energy Market, EEM 2016: 6-9 June 2016, Porto, Portugal. Danvers, MA: IEEE Computer Society, 2016. 7521219 (International Conference on the European Energy Market, EEM).

Publication: Chapter in book/Conference proceeding › Contribution to conference proceedings

TY - GEN

T1 - Is battery energy storage economic in islanded power systems? Focus on the island of Jersey

AU - Cross, Samuel

AU - Zakeri, Behnam

AU - Padfield, David

AU - Syri, Sanna

PY - 2016/7/25

Y1 - 2016/7/25

N2 - Battery energy storage (BES) is attracting increasing attention for balancing variable renewable electricity (VRE) production in mainland power systems. However, the application of storage systems is argued to be even more relevant in islands or isolated systems which suffer more acutely from existing challenges in power system management. This paper investigates the use of storage for the island of Jersey, primarily in for two applications; reducing exposure to peak pricing over the existing interconnector to France, and also deferring or removing completely the need to use of on-island generation to supply peak loads. The results demonstrate that an investment in energy storage cannot be justified merely by the benefits from making profits from these applications. However, we consider how the investment equation could change as the cost of BES falls into the future and if it can provide additional benefits such as avoidance of the cost of replacement generation.

AB - Battery energy storage (BES) is attracting increasing attention for balancing variable renewable electricity (VRE) production in mainland power systems. However, the application of storage systems is argued to be even more relevant in islands or isolated systems which suffer more acutely from existing challenges in power system management. This paper investigates the use of storage for the island of Jersey, primarily in for two applications; reducing exposure to peak pricing over the existing interconnector to France, and also deferring or removing completely the need to use of on-island generation to supply peak loads. The results demonstrate that an investment in energy storage cannot be justified merely by the benefits from making profits from these applications. However, we consider how the investment equation could change as the cost of BES falls into the future and if it can provide additional benefits such as avoidance of the cost of replacement generation.

KW - Batteries

KW - Cost-benefit analysis

KW - Energy Storage

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M3 - Contribution to conference proceedings

AN - SCOPUS:84983238431

T3 - International Conference on the European Energy Market, EEM

BT - 2016 13th International Conference on the European Energy Market, EEM 2016

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Cross S, Zakeri B, Padfield D, Syri S. Is battery energy storage economic in islanded power systems? Focus on the island of Jersey. In 2016 13th International Conference on the European Energy Market, EEM 2016: 6-9 June 2016, Porto, Portugal. Danvers, MA: IEEE Computer Society. 2016. 7521219. (International Conference on the European Energy Market, EEM). doi: 10.1109/EEM.2016.7521219

Is battery energy storage economic in islanded power systems? Focus on the island of Jersey

Abstract

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Bibliographical note

Keywords

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