Regulatory and Financial Hurdles for the Installation of Energy Storage in UK Distribution Networks

Anuta, Oghenetejiri H.; Crossland, Andrew F.; Jones, Darren; Wade, Neal S.

Abstract

This paper examines the feasibility of energy storage in in a low voltage distribution network to facilitate increased Distributed Generation (DG), and electricity demand. Modelling is used to quantify technical and financial benefits of storage over a 10 year period. Technical benefits are achieved through loss reduction, prevention of voltage rise and peak shaving. However, for energy storage to be financially feasible, all multi-stakeholder benefits need to be included in any investment strategy and regulation needs to be updated to foster energy storage adoption.

Citation

Anuta, O. H., Crossland, A. F., Jones, D., & Wade, N. S. (2012, May). Regulatory and Financial Hurdles for the Installation of Energy Storage in UK Distribution Networks. Presented at CIRED Workshop 2012: Integration of Renewables into the Distribution Grid, Lisbon, Portugal

• Presentation Conference Type: Conference Paper (published)
• Conference Name: CIRED Workshop 2012: Integration of Renewables into the Distribution Grid
• Publication Date: May 1, 2012
• Deposit Date: May 22, 2012
• Publicly Available Date: Jan 29, 2014
• Publisher: IET
• Pages: 1-4
• Series Title: Durham Energy Institute
• Book Title: CIRED 2012 workshop : integration of renewables into the distribution grid.
• DOI: https://doi.org/10.1049/cp.2012.0811
• Public URL: https://durham-repository.worktribe.com/output/1156732