Innovative Business Cases for Energy Storage In a Restructured Electricity Marketplace, A Study for the DOE Energy Storage Systems Program

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Description

This report describes the second phase of a project entitled ''Innovative Business Cases for Energy Storage in a Restructured Electricity Marketplace''. During part one of the effort, nine ''Stretch Scenarios'' were identified. They represented innovative and potentially significant uses of electric energy storage. Based on their potential to significantly impact the overall energy marketplace, the five most compelling scenarios were identified. From these scenarios, five specific ''Storage Market Opportunities'' (SMOs) were chosen for an in-depth evaluation in this phase. The authors conclude that some combination of the Power Cost Volatility and the T&D Benefits SMOs would be the most compelling ... continued below

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55 pages

Creation Information

IANNUCCI, JOE; EYER, JIM & BUTLER, PAUL C. February 1, 2003.

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This report is part of the collection entitled: Office of Scientific & Technical Information Technical Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. More information about this report can be viewed below.

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  • Sandia National Laboratories
    Publisher Info: Sandia National Labs., Albuquerque, NM, and Livermore, CA (United States)
    Place of Publication: Albuquerque, New Mexico

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Description

This report describes the second phase of a project entitled ''Innovative Business Cases for Energy Storage in a Restructured Electricity Marketplace''. During part one of the effort, nine ''Stretch Scenarios'' were identified. They represented innovative and potentially significant uses of electric energy storage. Based on their potential to significantly impact the overall energy marketplace, the five most compelling scenarios were identified. From these scenarios, five specific ''Storage Market Opportunities'' (SMOs) were chosen for an in-depth evaluation in this phase. The authors conclude that some combination of the Power Cost Volatility and the T&D Benefits SMOs would be the most compelling for further investigation. Specifically, a combination of benefits (energy, capacity, power quality and reliability enhancement) achievable using energy storage systems for high value T&D applications, in regions with high power cost volatility, makes storage very competitive for about 24 GW and 120 GWh during the years of 2001 and 2010.

Physical Description

55 pages

Source

  • Other Information: PBD: 1 Feb 2003

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  • Report No.: SAND2003-0362
  • Grant Number: AC04-94AL85000
  • DOI: 10.2172/809613 | External Link
  • Office of Scientific & Technical Information Report Number: 809613
  • Archival Resource Key: ark:/67531/metadc738311

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Creation Date

  • February 1, 2003

Added to The UNT Digital Library

  • Oct. 18, 2015, 6:40 p.m.

Description Last Updated

  • April 11, 2016, 6:02 p.m.

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IANNUCCI, JOE; EYER, JIM & BUTLER, PAUL C. Innovative Business Cases for Energy Storage In a Restructured Electricity Marketplace, A Study for the DOE Energy Storage Systems Program, report, February 1, 2003; Albuquerque, New Mexico. (digital.library.unt.edu/ark:/67531/metadc738311/: accessed September 19, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.