Energy storage sizing and enhanced dispatch strategy with temperature and safety considerations: A techno‐economic analysis

Abstract

AbstractMalaysia signed Paris agreement in 2015 as global response to climate change and committed to lower the greenhouse gases emissions by 45% by 2030. Under this national initiative, Malaysia government planned a series of large scale solar (LSS) projects and regulated by Energy Commission. It is aimed to achieve installed capacity of 1 GW by 2020. One of the main drawbacks for using solar energy is the intermittent issue in solar power generation. This will affect the power quality and reliability of the power grid especially in the LSS systems. This article aims to identify and optimize the most technically and economically viable energy storage system (ESS) for selected locations among the ongoing mega projects. The location selection for this study is based on the largest solar capacity planned for Peninsular Malaysia. This project involved development of hybrid scheme including Flywheel and nine different types of battery at six locations in Malaysia using Energy Commission Malaysia's data. Comprehensive power systems have been developed with different storage options applied to selected locations. This is followed by extensive techno‐economic evaluation using net present cost, levelized cost of electricity including costs of ESS, operation & maintenance, initial capital investment, replacement cost, revenue from ESS, annual throughput, and so on. Comparative studies under two different dispatch strategies with local contextualized data for LSS projects in Malaysia have been carried out. The optimal ESS type both technical and economically has been identified. In addition to this, performance of battery ESS with and without temperature consideration has been evaluated. Last, data from a net metering scheme is used to analyze the ESS types that exhibit best performance. Safety concerns related to these ESS types have been provided. Last, this article also presents the adaptability and replicability of the proposed methodology in countries that planned for LSS with local contextualized data.