Techno-Economic Analysis of Energy Storage System for Wind Farms: The UK Perspective

Abstract

This paper evaluates the modern trends of energy storage in the UK and reviews its application in the context of wind energy systems. This research takes into account the advantages/disadvantages and trends of different technical options of energy storage technology based on modern and future industry and government projects. Additionally, this research identifies and quantifies, in terms of profitability, the revenue streams available in the UK for energy storage projects, using the most up-to-date information. This research also identifies the revenue streams suitable for wind power and energy storage, and discusses the current UK regulatory framework for its implementation. The results of this research are of high value for those looking into the techno-economic aspects of wind energy integration with energy storage and provide a framework where industry and universities can position development or research efforts with a fresh view of the opportunities ahead.

Integration of Offshore Wind with O&G Platforms with an Energy Storage System

“…lead acid, lithium, nickel cadmium and etc. In this system, a BESS utilizing Li-ion batteries is proposed, primarily due to its high energy density and declining cost [21]. The BESS offers bidirectional power flow and can be used for control strategy in the event of voltage drop on the grid-connected in renewable systems [22].…”