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.

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 Sizing and Allocation of Battery Energy Storage Systems in Åland Islands for Large-Scale Integration of Renewables and Electric Ferry Charging Stations

Energies ◽  
2020 ◽  
Vol 13 (2) ◽  
pp. 317 ◽  
Author(s):  
Jagdesh Kumar ◽  
Chethan Parthasarathy ◽  
Mikko Västi ◽  
Hannu Laaksonen ◽  
Miadreza Shafie-Khah ◽  
...  
Keyword(s):  
Renewable Energy ◽  
Energy Storage ◽  
Storage Systems ◽  
Renewable Energy Sources ◽  
Energy Sources ◽  
Energy Storage Systems ◽  
Battery Energy Storage ◽  
Battery Energy Storage Systems ◽  
Battery Energy ◽  
Charging Stations

The stringent emission rules set by international maritime organisation and European Directives force ships and harbours to constrain their environmental pollution within certain targets and enable them to employ renewable energy sources. To this end, harbour grids are shifting towards renewable energy sources to cope with the growing demand for an onshore power supply and battery-charging stations for modern ships. However, it is necessary to accurately size and locate battery energy storage systems for any operational harbour grid to compensate the fluctuating power supply from renewable energy sources as well as meet the predicted maximum load demand without expanding the power capacities of transmission lines. In this paper, the equivalent circuit battery model of nickel–cobalt–manganese-oxide chemistry has been utilised for the sizing of a lithium-ion battery energy storage system, considering all the parameters affecting its performance. A battery cell model has been developed in the Matlab/Simulink platform, and subsequently an algorithm has been developed for the design of an appropriate size of lithium-ion battery energy storage systems. The developed algorithm has been applied by considering real data of a harbour grid in the Åland Islands, and the simulation results validate that the sizes and locations of battery energy storage systems are accurate enough for the harbour grid in the Åland Islands to meet the predicted maximum load demand of multiple new electric ferry charging stations for the years 2022 and 2030. Moreover, integrating battery energy storage systems with renewables helps to increase the reliability and defer capital cost investments of upgrading the ratings of transmission lines and other electrical equipment in the Åland Islands grid.

scholarly journals A Review of Thermochemical Energy Storage Systems for Power Grid Support

2020 ◽  
Vol 10 (9) ◽  
pp. 3142 ◽  
Author(s):  
Girolama Airò Farulla ◽  
Maurizio Cellura ◽  
Francesco Guarino ◽  
Marco Ferraro
Keyword(s):  
Renewable Energy ◽  
Energy Storage ◽  
Storage Systems ◽  
Renewable Energy Sources ◽  
Clean Energy ◽  
Energy Sources ◽  
Energy Storage Systems ◽  
Latent Heat Storage ◽  
Time Dynamics ◽  
Continuous Power

Power systems in the future are expected to be characterized by an increasing penetration of renewable energy sources systems. To achieve the ambitious goals of the “clean energy transition”, energy storage is a key factor, needed in power system design and operation as well as power-to-heat, allowing more flexibility linking the power networks and the heating/cooling demands. Thermochemical systems coupled to power-to-heat are receiving an increasing attention due to their better performance in comparison with sensible and latent heat storage technologies, in particular, in terms of storage time dynamics and energy density. In this work, a comprehensive review of the state of art of theoretical, experimental and numerical studies available in literature on thermochemical thermal energy storage systems and their use in power-to-heat applications is presented with a focus on applications with renewable energy sources. The paper shows that a series of advantages such as additional flexibility, load management, power quality, continuous power supply and a better use of variable renewable energy sources could be crucial elements to increase the commercial profitability of these storage systems. Moreover, specific challenges, i.e., life span and stability of storage material and high cost of power-to-heat/thermochemical systems must be taken in consideration to increase the technology readiness level of this emerging concept of energy systems integration.

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