Breakeven Analysis of Energy Storage Systems in PJM Energy Markets

Autor(es)

Salles, Mauricio B. C. ; Gadotti, Taina N. ; Aziz, Michael J. ; Hogan, William W. ; IEEE

• Tipo de documento: Artigo Científico
• Fonte: 2017 IEEE 6TH INTERNATIONAL CONFERENCE ON RENEWABLE ENERGY RESEARCH AND APPLICATIONS (ICRERA); v. N/A, p. 6-pg., 2017-01-01.

Resumo

Energy arbitrage is attracting interest of Energy Storage Systems developers and owners to provide net revenue in transmission and distribution systems. We have analyzed the potential revenue of a generic Energy Storage System (ESS) within the electricity market of PJM in 8 different locations where such technology is already installed. We used hourly Day Ahead and Real-time locational marginal prices over the sevenyear period 2008-2014, assuming a price-taking dispatch with perfect foresight. The charge-discharge profiles were optimized to determine the minimum potential revenue for 1 MW system for 70% round trip efficiency in those 8 locations. We performed a sensitivity analysis to verify the dependence on rated discharge duration and its variation over the years. We determined the breakeven overnight installed cost below which energy arbitrage would be profitable. (AU)

• Processo FAPESP: 14/05261-0 - Integração de energia eólica intermitente em sistemas de potência utilizando sistemas de armazenamento em baterias
• Beneficiário: Mauricio Barbosa de Camargo Salles
• Modalidade de apoio: Bolsas no Exterior - Pesquisa
• Processo FAPESP: 17/12257-7 - Sistemas avançados de armazenamento de energia no mercado de eletricidade: desafios atuais e futuros
• Beneficiário: Tainá Natal Gadotti
• Modalidade de apoio: Bolsas no Brasil - Iniciação Científica