Published April 2021 | Version v1
Journal article

The role of energy storage in the uptake of renewable energy: A model comparison approach

  • 1. Imperial College London, SW7 2AZ, London (United Kingdom)
  • 2. Department of Electrical and Computer Engineering, Technical University of Munich, Arcisstraße 21, 80333, Munich (Germany)
  • 3. ESMIA Consultants, Blainville, Quebec (Canada)
  • 4. GERAD and Department of Decision Sciences, 3000 Chemin de la Côte-Ste-Catherine, Montreeal, Quebec, Canada, H3T 2A7 (Canada)
  • 5. German Institute for Economic Research, Mohrenstraße 58, 10117, Berlin (Germany)
  • 6. US Department of Energy - National Renewable Energy Laboratory (United States)

Description

Highlights: • The model comparison assesses electricity storage role and its modelling challenges. • Storage enables lower cost transitions including high variable renewables uptakes. • Carbon taxes might promote non-variable rather than variable renewables. • Diversity in storage costs, geographical, and temporal granularity affects outcomes. The power sector needs to ensure a rapid transition towards a low-carbon energy system to avoid the dangerous consequences of greenhouse gas emissions. Storage technologies are a promising option to provide the power system with the flexibility required when intermittent renewables are present in the electricity generation mix. This paper focuses on the role of electricity storage in energy systems with high shares of renewable sources. The study encompasses a model comparison approach where four models (GENeSYS-MOD, MUSE, NATEM, and urbsMX) are used to analyse the storage uptake in North America. The analysis addresses the conditions affecting storage uptake in each country and its dependence on resource availability, technology costs, and public policies. Results show that storage may promote emissions reduction at lower costs when renewable mandates are in place whereas in presence of carbon taxes, renewables may compete with other low-carbon options. The study also highlights the main modelling approach shortcomings in the modelling of electricity storage in integrated assessment models.

Availability note (English)

Available from http://dx.doi.org/10.1016/j.enpol.2021.112159

Additional details

Identifiers

DOI
10.1016/j.enpol.2021.112159;
PII
S0301421521000288;

Publishing Information

Journal Title
Energy Policy
Journal Volume
151
Journal Page Range
vp.
ISSN
0301-4215
CODEN
ENPYAC

Optional Information

Copyright
Copyright (c) 2021 Elsevier Ltd. All rights reserved.