Dynamic operating benefits of energy storage: Final report
The use of energy storage power plants to enhance power system operational flexibility (spinning reserve, load following, reduced minimum loading of power plants, etc.) yields substantive economic benefits due to reduced fuel use, lower operating and maintenance costs, and extended life of power plants. Inclusion of these benefits in generation expansion studies could increase the economic incentives of installing storage and fuel cell power plants. The objective of this project is to identify the benefits of energy storage due to the enhanced system operational flexibility, or simply called dynamic operating benefits (DOB). The results of an international symposium on DOB and three case studies in the US are reported. The results produce strong evidence of the reality and significance of dynamic operating benefits of energy storage and the importance of including that benefit in generation expansion studies.
- Research Organization:
- Decision Focus, Inc., Los Altos, CA (USA)
- OSTI ID:
- 6957614
- Report Number(s):
- EPRI-AP-4875; ON: TI87920098
- Country of Publication:
- United States
- Language:
- English
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