Techno-economics of Energy Storage Systems in Electricity Market

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atmire.migration.oldid4953
dc.contributor.advisorKnight, Andy
dc.contributor.advisorZareipour, Hamidreza
dc.contributor.authorAdebayo, Abiola
dc.contributor.committeememberMacnab, Chris
dc.contributor.committeememberTrifkovic, Milana
dc.date.accessioned2016-09-28T21:50:32Z
dc.date.available2016-09-28T21:50:32Z
dc.date.issued2016
dc.date.submitted2016en
dc.description.abstractThis study assesses the potential arbitrage opportunities of a transmission connected Energy Storage System (ESS) in a liberalized electricity market. In assessing these opportunities, technical constraints, uniqueness of market operation characteristics and regulatory policies are all considered. The system under consideration has a power rating that is large enough that the impacts of its operation on the pool price in the Alberta electricity market should be considered. Also explored in this study is the investigation of the impact of transmission tariffs on arbitrage operations of ESS. As the Alberta Electric System Operator (AESO) is currently reviewing transmission tariff policy, this work investigates the application of existing tariff structures to understand how they impact the economic operation of ESS. The scope of this study considers impacts of tariff on profitability, operation cost, energy traded volume, price volatility and cost of energy to consumers.en_US
dc.identifier.citationAdebayo, A. (2016). Techno-economics of Energy Storage Systems in Electricity Market (Master's thesis, University of Calgary, Calgary, Canada). Retrieved from https://prism.ucalgary.ca. doi:10.11575/PRISM/27989en_US
dc.identifier.doihttp://dx.doi.org/10.11575/PRISM/27989
dc.identifier.urihttp://hdl.handle.net/11023/3347
dc.language.isoeng
dc.publisher.facultyGraduate Studies
dc.publisher.institutionUniversity of Calgaryen
dc.publisher.placeCalgaryen
dc.rightsUniversity of Calgary graduate students retain copyright ownership and moral rights for their thesis. You may use this material in any way that is permitted by the Copyright Act or through licensing that has been assigned to the document. For uses that are not allowable under copyright legislation or licensing, you are required to seek permission.
dc.subjectEnergy
dc.subjectEngineering
dc.subjectEngineering--Electronics and Electrical
dc.subject.classificationEnergy Storageen_US
dc.subject.classificationElectricity Marketen_US
dc.subject.classificationArbitrageen_US
dc.subject.classificationTransmission tariffen_US
dc.titleTechno-economics of Energy Storage Systems in Electricity Market
dc.typemaster thesis
thesis.degree.disciplineElectrical and Computer Engineering
thesis.degree.grantorUniversity of Calgary
thesis.degree.nameMaster of Science (MSc)
ucalgary.item.requestcopytrue
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