Among the many issues that profoundly affect the world economy every day, energy is one of the most prominent. Countries such as the U.S. strive to reduce reliance on the import of fossil fuels, and to meet increasing electricity demand without harming the environment. Two of the most promising solutions for the energy issue are to rely on renewable energy, and to develop efficient electricity ...

The clean energy transition requires a co-evolution of innovation, investment, and deployment strategies for emerging energy storage technologies. A deeply decarbonized energy system research platform needs materials science advances in battery technology to overcome the intermittency challenges of wind and solar electricity. Simultaneously, policies designed to build market growth and innovati...

The use of energy storage devices in homes has been advocated as one of the main ways of saving energy and reducing the reliance on fossil fuels in the future Smart Grid. However, if micro-storage devices are all charged at the same time using power from the electricity grid, it means a higher demand and, hence, requires more generation capacity, results in more carbon emissions, and, in the wo...

This letter introduces a method to manage energy storage in electricity grids. Starting from the stochastic characterization of electricity generation and demand, we propose an equation that relates the storage level for every time-step as a function of its previous state and the realized surplus/deficit of electricity. Therefrom, we can obtain the probability that, in the next time-step: (i) t...

The basic question behind this research work is whether distributed storage devices on the electricity grid can lower the average electricity cost, increase the demand-side flexibility and, hence, foster the integration of renewable energy sources. The article presents a mathematical model of a storage system that calculates the economic benefits of distributed storage devices at the end consum...

Can negative electricity prices encourage inefficient electrical energy storage devices? Edward Barbour, Grant Wilson, Peter Hall & Jonathan Radcliffe To cite this article: Edward Barbour, Grant Wilson, Peter Hall & Jonathan Radcliffe (2014) Can negative electricity prices encourage inefficient electrical energy storage devices?, International Journal of Environmental Studies, 71:6, 862-876, DO...

Integrating residential photovoltaic (PV) power generation and energy storage systems into the Smart Grid is an effective way of utilizing renewable power and reducing the consumption of fossil fuels. This has become a particularly interesting problem with the introduction of dynamic electricity energy pricing models, since electricity consumers can utilize their PV-based energy generation and ...

The recent sharp drop in the cost of photovoltaic (PV) electricity generation accompanied by globally rapidly increasing investment in PV plants calls for new planning and management tools for large-scale distributed solar networks. Of major importance are methods to overcome intermittency of solar electricity, i.e., to provide dispatchable electricity at minimal costs. We find that pairs of el...

Price arbitrage involves taking advantage of an electricity price difference, storing electricity during low-prices times, and selling it back to the grid during high-prices periods. This strategy can be exploited by customers in presence of dynamic pricing schemes, such as hourly electricity prices, where the customer electricity cost may vary at any hour of day, and power consumption can be m...