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
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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