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Importance of energy storage system in the smart grid

Importance of energy storage system in the smart grid

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Recent advances in energy storage and power electronics technologies are offering promising solutions to improve the grid resilience and allow higher renewable energy penetration. Energy storage systems (ESSs) act as energy buffers to aid the operations and lifetime of the grid assets and bridge the gap between supply and demand for renewable energy generation. Currently, there are more than 650 active ESS projects around the globe with a total capacity of 3.83 GW, representing a significant market potential for companies. To that end, this chapter aims to provide a comprehensive overview and classification of ESSs, underlying technologies and working principles, current and future applications, and economic analysis.

Chapter Contents:

  • 10.1 Introduction
  • 10.2 Classification of ESS
  • 10.2.1 Classification by form of energy
  • 10.2.2 Classification by application
  • 10.2.3 Classification by storage capability
  • 10.3 Battery storage technologies
  • 10.3.1 Lead acid batteries
  • 10.3.2 Sodium-sulfur (NaS) batteries
  • 10.3.3 Nickel cadmium (NiCd) batteries
  • 10.3.4 Nickel-metal hydride batteries
  • 10.3.5 Lithium-ion (Li-ion) batteries
  • 10.4 Flow battery energy storage
  • 10.5 Pumped hydro storage
  • 10.6 Compressed air energy storage
  • 10.7 Flywheel energy storage
  • 10.8 Hydrogen energy storage with fuel cell
  • 10.9 Solar fuels
  • 10.10 Capacitors and supercapacitors
  • 10.11 Superconducting magnetic energy storage
  • 10.12 Thermal energy storage
  • 10.12.1 Sensible heat system
  • 10.12.2 Latent heat system
  • 10.12.3 Thermochemical heat storage
  • 10.13 Overview of current projects
  • 10.14 Power electronics for ESSs
  • 10.15 Analytical problems
  • 10.16 Case study: renewable energy integration
  • References

Inspec keywords: power markets; supply and demand; energy storage; smart power grids

Other keywords: power electronics technology; grid asset lifetime; energy storage system; renewable energy generation; supply and demand; power 3.83 GW; ESSs; smart grid; renewable energy penetration; economic analysis

Subjects: Energy and environmental policy, economics and legislation; Energy storage; Direct energy conversion and energy storage; Power system management, operation and economics

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