Centralized and Integrated Decentralized Compressed Air Energy Storage for Enhanced Grid Integration of Wind Power

FCN Working Paper No. 2/2009

27 Pages Posted: 28 Sep 2010 Last revised: 19 Feb 2016

See all articles by Reinhard Madlener

Reinhard Madlener

RWTH Aachen University

Jochen Latz

University of Cologne

Date Written: September 1, 2010

Abstract

In this paper, we model the economic feasibility of compressed air energy storage (CAES) to improve wind power integration. The Base Case is a wind park with 100 MW of installed capacity and no storage facility. In Variant 1 we add a central CAES system with 90 MW of compressor and 180 MW of generation capacity. The compressed air is stored in a cavern. The CAES system is operated independently of the wind park such that profits from peak power sales at the spot market and reserve power market are maximized. Variant 2 is an integrated, decentralized CAES system, where each wind turbine is equipped with a compressor but no generator. The compressed air is stored in a cavern and converted into electricity by a turbine, again maximizing profit as a peak power plant. Both variants are modeled for conventional diabatic and the more advanced adiabatic systems.

Keywords: Compressed Air Energy Storage, CAES, Wind Energy, Reserve Market

Suggested Citation

Madlener, Reinhard and Latz, Jochen, Centralized and Integrated Decentralized Compressed Air Energy Storage for Enhanced Grid Integration of Wind Power (September 1, 2010). FCN Working Paper No. 2/2009. Available at SSRN: https://ssrn.com/abstract=1620486 or http://dx.doi.org/10.2139/ssrn.1620486

Reinhard Madlener (Contact Author)

RWTH Aachen University ( email )

School of Business and Economics / E.ON ERC
Mathieustra├če 10
Aachen, 52074
Germany
+49 241 80 49 820 (Phone)
+49 241 80 49 829 (Fax)

HOME PAGE: http://www.eonerc.rwth-aachen.de/fcn

Jochen Latz

University of Cologne ( email )

Albertus-Magnus-Platz
Cologne, 50923
Germany

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