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Value of Bulk Energy Storage for Managing Wind Power Fluctuations

Black, Mary, Strbac, Goran·2007·IEEE Transactions on Energy Conversion

Abstract

This paper considers the impact of uncertain wind forecasts on the value of stored energy (such as pumped hydro) in a future U.K. system, where wind supplies over 20% of the energy. Providing more of the increased requirement for reserves from standing reserve sources could increase system operation efficiency, enhance wind power absorption, achieve fuel cost savings, and reduce CO2emissions. Generally, storage-based standing reserve's value is driven by the amount of installed wind and by generation system flexibility. Benefits are more significant in systems with low generation flexibility and with large installed wind capacity. Storage is uniquely able to stock up generated excesses during high-wind/low-demand periods, and subsequently discharge this energy as needed. When storage is combined with standing reserve provided from conventional generation (e.g., open-cycle gas turbines), it is valuable in servicing the highly frequent smaller imbalances

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Metadata

Authors
Black, M., & Strbac, G.
Venue
IEEE Transactions on Energy Conversion
Published
2007-03
Volume
22
Issue
1
Pages
197-205
ISSN
0885-8969 (ISSN-L)
OpenAlex
W2128711138
Cited by
280
References
0
FWCI
10.39
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: Value of Bulk Energy Storage for Managing Wind Power Fluctuations. https://app.cochat.ai/papers/10.1109/tec.2006.889619
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Black, M., & Strbac, G. (2007). Value of Bulk Energy Storage for Managing Wind Power Fluctuations. IEEE Transactions on Energy Conversion. https://doi.org/10.1109/tec.2006.889619

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Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.