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An Economic Analysis of Injecting Energy Storage into Power Systems Containing Renewables

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Large amounts of renewable energy generation are being introduced into modern power systems to decrease the environmental impact of power generation. Despite benefits, increased renewable energy penetration will likely create additional system instability and unpredictability. Increasing line capacity via redundancy of transmission networks and utilizing energy storage are two methods that can be used to increase transmission power system stability. This thesis investigates the economic effects of energy storage and line capacity in isolated test systems. Utilizing Powerworld Simulator, test systems based off two common industry test bed standards (WECC 9-bis, IEEE 14-bus) were built using scaled real-world generation and load data. Multiple Optimal Power Flow studies performed on the test systems with and without the addition of energy storage model revealed the incremental change in overall system cost of adding energy storage and highlighted the impact energy storage has on isolated systems with renewable energy.

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  • English
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  • etd-071817-210945
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  • 2017
Date created
  • 2017-07-18
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