Abstract
The purpose of this research is to encourage policy makers to craft policies that support environmentally sound design practices while integrating bulk energy storage into the electricity grid. Bulk energy storage technology can regulate electricity coming into the grid from different energy sources. Grid flexibility is a powerful tool to empower the clean energy movement because it enables the integration of renewable energy into the electrical grid. However, storage technology has the potential to become another one of the many “tragedy of commons”, considering that there are no regulations forcing storage companies to pursue environmental-friendly operation. Bulk energy storage devices which earn income through arbitrage, have the potential to increase grid emissions. Both energy losses and the variety of energy grid resources, largely damper the environmental advantages of bulk energy storage devices. By using a linear programming formulation that considers both revenue and emissions, this thesis proposes operational solutions where bulk energy storage technologies can retain a high revenue while simultaneously reducing their emissions from the current eGRID sub-regions. These results can be achieved by explicitly demanding small inexpensive changes in the operation of the system. Usually, only a few companies will follow sustainable practices by themselves. Therefore, a variety of policy implementations are suggested to support environmentally sound design principals for bulk energy storage technology.
Library of Congress Subject Headings
Energy storage--Equipment and supplies--Environmental aspects; Energy storage--Equipment and supplies--Economic aspects; Energy storage--Government policy
Publication Date
6-5-2017
Document Type
Thesis
Student Type
Graduate
Degree Name
Science, Technology and Public Policy (MS)
Department, Program, or Center
Public Policy (CLA)
Advisor
Eric Hittinger
Advisor/Committee Member
Margaret Bailey
Advisor/Committee Member
Thomas Trabold
Recommended Citation
Arciniegas, Laura M., "Optimizing the Operation of Bulk Energy Storage Devices to Find the Trade-offs Between Revenue and CO2 Emissions." (2017). Thesis. Rochester Institute of Technology. Accessed from
https://repository.rit.edu/theses/9593
Campus
RIT – Main Campus
Plan Codes
STPP-MS