Print Email Facebook Twitter Assessing Energy Storage Requirements Based on Accepted Risks Title Assessing Energy Storage Requirements Based on Accepted Risks Author Evans, Michael (Imperial College London) Tindemans, Simon H. (TU Delft Intelligent Electrical Power Grids) Date 2020-10 Abstract This paper presents a framework for deriving the storage capacity that an electricity system requires in order to satisfy a chosen risk appetite. The framework takes as inputs user-defined event categories, parameterised by peak power-not-served, acceptable number of events per year and permitted probability of exceeding these constraints, and returns as an output the total capacity of storage that is needed. For increased model accuracy, our methodology incorporates multiple nodes with limited transfer capacities, and we provide a foresight-free dispatch policy for application to this setting. Finally, we demonstrate the chance-constrained capacity determination via application to a model of the British network. Subject Ancillary serviceChance-constrained optimisationEnergy storage systemsOptimal controlSystem adequacy To reference this document use: http://resolver.tudelft.nl/uuid:5e36ac19-b430-448b-bb49-e1be0baed09a DOI https://doi.org/10.1109/ISGT-Europe47291.2020.9248884 Embargo date 2021-05-10 ISBN 978-1-7281-7100-5 Source 2020 IEEE PES Innovative Smart Grid Technologies Europe (ISGT-Europe) Event 10th IEEE PES Innovative Smart Grid Technologies Europe, ISGT-Europe 2020, 2020-10-26 → 2020-10-28, Virtual/online event due to COVID-19, Delft, Netherlands Bibliographical note Green Open Access added to TU Delft Institutional Repository 'You share, we take care!' - Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public. Part of collection Institutional Repository Document type conference paper Rights © 2020 Michael Evans, Simon H. Tindemans Files PDF Assessing_Energy_Storage_ ... _Risks.pdf 281.45 KB Close viewer /islandora/object/uuid:5e36ac19-b430-448b-bb49-e1be0baed09a/datastream/OBJ/view