Energy Storage in Energy Markets reviews the modeling, design, analysis, optimization and impact of energy storage systems in energy markets in a way that is ideal for an audience of researchers and practitioners. The book provides deep insights on potential benefits and revenues, economic evaluation, investment challenges, risk analysis, technical requirements, and the impacts of energy storage integration. Heavily referenced and easily accessible to policymakers, developers, engineer, researchers and students alike, this comprehensive resource aims to fill the gap in the role of energy storage in pool/local energy/ancillary service markets and other multi-market commerce.
Chapters elaborate on energy market fundamentals, operations, energy storage fundamentals, components, and the role and impact of storage systems on energy systems from different aspects, such as environmental, technical and economics, the role of storage devices in uncertainty handling in energy systems and their contributions in resiliency and reliability improvement.
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Table of Contents
1. Energy market fundamentals and operation2. Energy Storage Fundamentals and Components3. Overview of the energy storage systems for wind power integration4. Optimization of energy storage systems in energy markets5. IGDT-based optimal low-carbon generation dispatch of power system integrated with compressed air energy storage systems6. An Overview of Battery Economics in the Electric Vehicles Industry (RETRACTION)7. Energy vehicles as means of energy storage: Impacts on Energy Markets and Infrastructure8. Application of Electric Vehicles as Mobile Energy Storage Systems in the Deregulated Active Distribution Network9. Economic Analysis of Energy Storage Systems in Multi-Carrier Micro-Grids10. Optimal Resilient Scheduling of Multi-Carrier Energy Distribution Systems Considering Energy Storages and Plug-in Electric Hybrid Vehicles Contribution Scenarios11. Optimal participation of electric vehicles aggregator in energy and flexible ramping markets12. Electric vehicles as means of energy storage: participation in ancillary services markets13. Evaluating the advantages of electric vehicle parking lots in day-ahead scheduling of wind-based power systems14. Large-scale energy storages in energy, reserve, regulation and ancillary multi-markets15. Electric Energy Storage Systems Integration in Energy Markets and Balancing Services16. Reliability Modelling of Renewable Energy Sources with Energy Storage Devices17. Reliability and Resiliency assessment in integrated of gas and electricity systems in presence of energy storage systems18. Reliability Analysis and Role of Energy Storage in Resiliency of Energy Systems19. Electric vehicles and electric storage systems participation in provision of flexible ramp service