Improving the Value of Energy Storage in Electricity Systems

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Abstract / Description of output

An invited talk at the 2022 'Asia-Pacific Forum on Green and Low-carbon Development', held on 8-9 September 2022 in Changsha, Hunan, China

This talk gives an overview of the applications, the value and the challenges of utilisation of grid-scale energy storage, within the context of the modern power grid and considering the emerging challenges of energy generation, transmission and utilisation.

A novel valuation method is presented, the Market Potential Valuation Method, which allows a holistic techno economic analysis that helps determine the overall value of energy storage in a power system. The usability and performance of the method is illustrated through a case study for a zero-carbon European energy supply by 2030.

The talk is an overview of the research conducted by the Agile Energy Systems Research Group at the School of Engineering, University of Edinburgh.
Original languageEnglish
Publication statusPublished - 8 Sept 2022
Event2022 Asia-Pacific Forum on Green and Low-carbon Development: Green Future Driven by Low Carbon Development - Changsha North Star International Convention Center, Changsha, China
Duration: 8 Sept 20229 Sept 2022


Conference2022 Asia-Pacific Forum on Green and Low-carbon Development
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