28.01.2015 Views

Handbook of Energy Storage for Transmission or ... - W2agz.com

Handbook of Energy Storage for Transmission or ... - W2agz.com

Handbook of Energy Storage for Transmission or ... - W2agz.com

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

EPRI Proprietary Licensed Material<br />

<strong>Energy</strong> Imbalance (Distributed Resource <strong>f<strong>or</strong></strong> Area Control)<br />

CAES can provide energy to c<strong>or</strong>rect the energy imbalance that results when the supply to a<br />

distribution feeder <strong>or</strong> substation is insufficient to meet the demand <strong>or</strong> when the demand on a<br />

feeder <strong>or</strong> substation approaches the physical limits <strong>of</strong> the equipment. CAES generat<strong>or</strong>s can help<br />

c<strong>or</strong>rect such imbalances by supplying power needed during these times. CAES plants can be<br />

especially useful when operated in a <strong>com</strong>plementary manner with distributed generation. While<br />

the distributed generation unit operates continuously at full power, the CAES plant can st<strong>or</strong>e<br />

energy when demand is low and supply the intermediate and peaking power.<br />

Emergency Spinning Reserve<br />

CAES can provide emergency spinning operating reserve. Spinning reserves are generation<br />

resources that are energized and synchronized to the grid, responsive to frequency changes, and<br />

capable <strong>of</strong> reaching a specified electric power demand within 10 minutes. A CAES plant can<br />

provide spinning reserve capacity greater than its plant size when it is in <strong>com</strong>pression mode and<br />

spinning reserve equal to its plant size when it is idle. F<strong>or</strong> example, at a 200-MW e plant, the<br />

plant operat<strong>or</strong> can switch from drawing 100-MW e <strong>f<strong>or</strong></strong> <strong>com</strong>pression mode to supplying 200-MW e<br />

in generation mode in less than 15 minutes; there<strong>f<strong>or</strong></strong>e, the grid operat<strong>or</strong> credits the plant with 300<br />

MW e <strong>of</strong> spinning reserve capacity.<br />

Supplemental Reserve<br />

CAES can provide supplemental operating reserve. Supplemental reserves are generation<br />

resources that do not need to be operating and synchronized, but that can be interconnected and<br />

serve demand within about 15 minutes. CAES plants can provide supplemental reserve capacity<br />

since they can be brought on-line within 10 minutes (by using the st<strong>or</strong>ed <strong>com</strong>pressed air to spin<br />

up the turbine rapidly).<br />

Arbitrage (Price Hedging)<br />

Arbitrage is the purchase <strong>of</strong> electricity in one market and its sale in the same <strong>or</strong> another market in<br />

<strong>or</strong>der to exploit price differentials during different times <strong>of</strong> the day. CAES plants allow this<br />

operation to occur where the owner <strong>of</strong> the CAES plant determines the time differential between<br />

purchase and sale to maximize the pr<strong>of</strong>it. Electric power can be purchased during the night<br />

(when electric rates and demand are low) and sold to customers <strong>or</strong> other utilities during peak<br />

hours <strong>of</strong> the day (when electric rates and demand are high). If the CAES plant owner also owns<br />

other generating facilities, the owner might choose to operate these other generating facilities at<br />

higher power output during the night to generate the power used by the CAES plant in<br />

<strong>com</strong>pression mode instead <strong>of</strong> purchasing the power.<br />

Technology Evaluation<br />

Table 7 provides typical parameters <strong>f<strong>or</strong></strong> CAES plants designed <strong>f<strong>or</strong></strong> the six T&D applications<br />

described in Section 3. These six plant designs will be used in later sections to illustrate the<br />

typical costs and benefits <strong>of</strong> applying CAES technology to T&D applications.<br />

Compressed Air <strong>Energy</strong> <strong>St<strong>or</strong>age</strong> (CAES) Page 25

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!