Demand response and energy storage are sources of power system flexibility that increase the alignment between renewable energy generation and demand.
For example, demand response provides a means to shift demand to times of relatively high wind generation and low load, while storage technologies can store excess wind generation for use in times of relatively low wind generation and high load.
Power system operators can weigh the benefits of demand response and storage against implementation costs. Many storage technologies are still costly and somewhat ineficient, because only 70–85% of stored energy is recoverable. Demand response programs typically do not incur such an eficiency penalty.
By shifting supply and demand patterns, storage and demand response can not only significantly increase the penetration of VRE, but also can provide other significant sources of value such as provision of firm capacity, which can eliminate the need for conventional peaking capacity.
Ever wondered how cities like Monrovia can transition from fossil fuels to renewable energy without blackouts? The answer lies in robust energy storage feasibility studies.
For example, demand response provides a means to shift demand to times of relatively high wind generation and low load, while storage technologies can store excess wind generation for
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