Projects per year
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.
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 language | English |
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Publication status | Published - 8 Sept 2022 |
Event | 2022 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 2022 → 9 Sept 2022 http://www.aplcforum.com/en/ |
Conference
Conference | 2022 Asia-Pacific Forum on Green and Low-carbon Development |
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Country/Territory | China |
City | Changsha |
Period | 8/09/22 → 9/09/22 |
Internet address |
Fingerprint
Dive into the research topics of 'Improving the Value of Energy Storage in Electricity Systems'. Together they form a unique fingerprint.Projects
- 1 Finished
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PyPSA-Earth. A new global open energy system optimization model demonstrated in Africa
Parzen, M., Abdel-Khalek, H., Fedotova, E., Mahmood, M., Frysztacki, M. M., Hampp, J., Franken, L., Schumm, L., Neumann, F., Poli, D., Kiprakis, A. & Fioriti, D., 1 Jul 2023, In: Applied Energy. 341, 121096.Research output: Contribution to journal › Article › peer-review
Open Access -
Beyond cost reduction: Improving the value of energy storage in electricity systems.
Parzen, M., Neumann, F., van der Weijde, A. H., Friedrich, D. & Kiprakis, A. E., Dec 2022, In: Carbon Neutrality. 1, 1, 21 p., 26.Research output: Contribution to journal › Article › peer-review
Open AccessFile -
Beyond cost reduction: improving the value of energy storage in electricity systems
Parzen, M., Neumann, F., van der Weijde, A. H., Friedrich, D. & Kiprakis, A. E., 9 Jun 2021.Research output: Contribution to conference › Abstract
Open AccessFile
Datasets
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Beyond cost reduction: Improving the value of energy storage
Parzen, M. (Creator), Neumann, F. (Creator), Van Der Weijde, H. (Creator), Friedrich, D. (Creator) & Kiprakis, A. (Creator), GitHub, 19 Jul 2021
Dataset