scholarly journals Comprehensive analysis of current research trends in energy storage technologies

2021 ◽  
Vol 24 (3) ◽  
pp. 1288
Author(s):  
Surender Reddy Salkuti ◽  
Sravanthi Pagidipala ◽  
Seong-Cheol Kim
Keyword(s):  
Renewable Energy ◽  
Energy Storage ◽  
Energy Demand ◽  
Storage Systems ◽  
Fast Response ◽  
Green Energy ◽  
Comprehensive Analysis ◽  
Energy Integration ◽  
Ability To Act ◽  
Storage Technologies

<p>This paper addresses the comprehensive analysis of various energy storage technologies, i.e., electrochemical and non-electrochemical storage systems by considering their storage methods, environmental impact, operations, costs, and their importance and applications. These storage technologies will help to reduce the energy shortage. There has been a significant deployment of storage systems in power grids throughout the world. The characteristics of storage systems such as the ability to act both as generation and load, fast response time, and high ramp rate. Make them promising options for the system operators to reduce the peak demand, and facilitate renewable energy integration. Various new trends in energy depict the ways this generated energy could be stored and harnessed. With the recent integration of renewable energy, it is important to store the energy and it is combined to help the green energy demand. The integration of renewable energy into the power grid has increased reliability, efficiency, and stability. Adding the energy component will further enhance the capabilities of the grid. This paper also recommends an optimal storage technique from various available storage technologies.</p>

scholarly journals Intermittent Renewable Energy Sources: The Role of Energy Storage in the European Power System of 2040

Electronics ◽  
2019 ◽  
Vol 8 (7) ◽  
pp. 729 ◽  
Author(s):  
Henrik Zsiborács ◽  
Nóra Hegedűsné Baranyai ◽  
András Vincze ◽  
László Zentkó ◽  
Zoltán Birkner ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Storage ◽  
Wind Energy ◽  
Storage Systems ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Energy Capacity ◽  
Energy Integration ◽  
Power Capacity ◽  
Renewable Energy Integration

Global electricity demand is constantly growing, making the utilization of solar and wind energy sources, which also reduces negative environmental effects, more and more important. These variable energy sources have an increasing role in the global energy mix, including generating capacity. Therefore, the need for energy storage in electricity networks is becoming increasingly important. This paper presents the challenges of European variable renewable energy integration in terms of the power capacity and energy capacity of stationary storage technologies. In this research, the sustainable transition, distributed generation, and global climate action scenarios of the European Network of Transmission System Operators for 2040 were examined. The article introduces and explains the feasibility of the European variable renewable energy electricity generation targets and the theoretical maximum related to the 2040 scenarios. It also explains the determination of the storage fractions and power capacity in a new context. The aim is to clarify whether it is possible to achieve the European variable renewable energy integration targets considering the technology-specific storage aspects. According to the results, energy storage market developments and regulations which motivate the increased use of stationary energy storage systems are of great importance for a successful European solar and wind energy integration. The paper also proves that not only the energy capacity but also the power capacity of storage systems is a key factor for the effective integration of variable renewable energy sources.

scholarly journals Implementation of innovative projects using renewable energy sources in the fields of “future economy”

2020 ◽  
Vol 10 (3) ◽  
pp. 145-157
Author(s):  
Svіtlana Bondarenko ◽  
Iryna Perevozova ◽  
Tetiana Maksimenko
Keyword(s):  
Renewable Energy ◽  
Energy Storage ◽  
Storage Systems ◽  
Renewable Energy Sources ◽  
Green Energy ◽  
The State ◽  
Energy Sources ◽  
Tax Credit ◽  
Energy Storage Systems ◽  
Tax Benefits

The aim of the article is to study the implementation of innovative projects for the use of renewable energy sources in the “economy of the future”. According to the concept of “green" energy transition, the following areas of "economy of the future" are identified: energy efficient industry, buildings, heat energy; electric transport; circulating economy, waste reduction; support for research and innovation on electricity storage, production and storage of green hydrogen; digitalization and technological changes; renewable energy sources – wind, solar, bioenergy. It is proved that renewable energy sources can meet 80% growth in electricity demand over the next 10 years. By 2025, renewable energy sources will displace coal as the main means of electricity generation. If states adopt more aggressive policies, the role of renewable energy will be even more active in the next five years. It is proved that it is important to create an appropriate market environment to attract large-scale private investment in innovative renewable energy projects. After all, without sufficient investment, networks will be a weak link in the transformation of the electricity sector, which will affect the reliability and security of electricity supply. The transition to renewable energy sources in the general energy supply, including transport and heating, is most active in large cities. To transition the city to the “green” energy, the issues of attracting investment, changing consumer behavior, integration of electricity with heat supply and transport, the state of existing energy infrastructure (electricity, gas, heating networks), distribution of energy consumption between sectors (buildings, mobility) and players in supply (large energy companies, enterprises, cooperatives). The research of the basic tendencies of realization of projects of use of renewable energy sources in Ukraine is carried out. To ensure competitive conditions for the production of electricity from alternative energy sources, the introduction of incentive mechanisms and the installation of capacities for the accumulation of electricity at power plants is envisaged. Financial support for renewable energy at the state level is provided in two areas: tax benefits and credit support. Among the tax benefits and mechanisms in world practice are the following: investment tax credit; production tax credit; mechanism of partial or full compensation of interest for the use of loans by industrial companies and individual farms for the installation of energy storage systems; mechanism for exemption from taxation of imported equipment for energy storage systems, etc. However, Ukraine has not yet taken sufficient legislative and diplomatic steps to do so. Important are the problems of balancing the network, defaults and debts to market participants, the restructuring of the “green” tariff.

scholarly journals Comparative analysis of storage techniques for a grid with renewable energy sources

2018 ◽  
Vol 7 (3) ◽  
pp. 970 ◽  
Author(s):  
Surender Reddy Salkuti ◽  
Chan Mook Jung
Keyword(s):  
Renewable Energy ◽  
Comparative Analysis ◽  
Energy Storage ◽  
Energy Demand ◽  
Storage Systems ◽  
Renewable Energy Sources ◽  
Supply And Demand ◽  
Energy Sources ◽  
Energy Storage Systems ◽  
Advantages And Disadvantages

This paper presents the comparative analysis of different energy storage techniques used in the utility grid connected with the renewable energy sources (RESs). Energy storage is required to match the demand and supply of energy. However, with the integration of RESs to the grid increases the mismatch between the supply and demand due to the intermittence of RESs. In this paper, it is shown that the energy stor-age systems provide a better solution to the integration of different RESs to the existing grid. The energy storage systems are the key com-ponents for replacing the conventional fossil fuel plants with RESs. It is hard to evaluate the different types of energy storage techniques between themselves due to the fact that each technology could be used in a different way and are more like compliments. Further, research needs to be done on storage techniques to continue to increase the benefits while reducing the associated costs. The energy storage tech-niques show great potential to help the RESs and smart grid to meet the world’s growing energy demand. This paper has presented the comparative analysis of various energy storage systems in terms of their design, cost, geographical location, advantages and disadvantages.  

scholarly journals Compressed Air Energy Storage and Future Development

2021 ◽  
Vol 2108 (1) ◽  
pp. 012037
Author(s):  
Jingyue Guo ◽  
Ruiman Ma ◽  
Huiyan Zou
Keyword(s):  
Renewable Energy ◽  
Energy Storage ◽  
High Capacity ◽  
Green Energy ◽  
Compressed Air ◽  
Compressed Air Energy Storage ◽  
Long Term Storage ◽  
Technology Advancement ◽  
Storage Technologies

Abstract Power generation around the world is changing dramatically as a consequence of the demand to lower greenhouse gas releases and present a mix of power supplies. Energy storage technology is considered to be the fundamental technology to address these challenges and has great potential. This paper presents the current development and feasibilities of compressed air energy storage (CAES) and provides implications for upcoming technology advancement. The paper introduces various primary categories of CAES (Advanced Adiabatic-CAES, Liquid Air Energy Storage and Supercritical CAES). Compared with other energy storage technologies, CAES is considered a fresh and green energy storage with the distinctive superiorities of high capacity, high power rating, and long-term storage, and shortcomings of low power density, high transportation losses, and geological restriction. CAES is regarded as a promising technology that is able to be applied in renewable energy production, cogeneration, and distributed energy and microgrid systems. It’s also considered to be integrated with other technologies, such as renewable energy, gas turbine, solid oxide fuel cells, and other systems in the future.

Modeling an Energy Storage System Based on a Hybrid Renewable Energy System in Stand-alone Applications

2017 ◽  
Vol 68 (11) ◽  
pp. 2641-2645
Author(s):  
Alexandru Ciocan ◽  
Ovidiu Mihai Balan ◽  
Mihaela Ramona Buga ◽  
Tudor Prisecaru ◽  
Mohand Tazerout
Keyword(s):  
Renewable Energy ◽  
Energy Storage ◽  
Storage Systems ◽  
Renewable Energy Sources ◽  
Storage System ◽  
Energy Storage System ◽  
Compressed Air ◽  
Energy Sources ◽  
Energy Storage Systems ◽  
Hybrid Renewable Energy System

The current paper presents an energy storage system that stores the excessive energy, provided by a hybrid system of renewable energy sources, in the form of compressed air and thermal heat. Using energy storage systems together with renewable energy sources represents a major challenge that could ensure the transition to a viable economic future and a decarbonized economy. Thermodynamic calculations are conducted to investigate the performance of such systems by using Matlab simulation tools. The results indicate the values of primary and global efficiencies for various operating scenarios for the energy storage systems which use compressed air as medium storage, and shows that these could be very effective systems, proving the possibility to supply to the final user three types of energy: electricity, heat and cold function of his needs.

scholarly journals Economic Analysis of the Investments in Battery Energy Storage Systems: Review and Current Perspectives

Energies ◽  
2021 ◽  
Vol 14 (9) ◽  
pp. 2503
Author(s):  
Paulo Rotella Junior ◽  
Luiz Célio Souza Rocha ◽  
Sandra Naomi Morioka ◽  
Ivan Bolis ◽  
Gianfranco Chicco ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Storage ◽  
Economic Analysis ◽  
Storage Systems ◽  
Renewable Energy Sources ◽  
Residential Areas ◽  
Energy Storage Systems ◽  
Battery Energy Storage ◽  
Battery Energy Storage Systems ◽  
Battery Energy

Sources such as solar and wind energy are intermittent, and this is seen as a barrier to their wide utilization. The increasing grid integration of intermittent renewable energy sources generation significantly changes the scenario of distribution grid operations. Such operational challenges are minimized by the incorporation of the energy storage system, which plays an important role in improving the stability and the reliability of the grid. This study provides the review of the state-of-the-art in the literature on the economic analysis of battery energy storage systems. The paper makes evident the growing interest of batteries as energy storage systems to improve techno-economic viability of renewable energy systems; provides a comprehensive overview of key methodological possibilities for researchers interested in economic analysis of battery energy storage systems; indicates the need to use adequate economic indicators for investment decisions; and identifies key research topics of the analyzed literature: (i) photovoltaic systems with battery energy storage systems for residential areas, (ii) comparison between energy storage technologies, (iii) power quality improvement. The last key contribution is the proposed research agenda.

Sign in / Sign up

Export Citation Format

Share Document