Energy Storage in Deregulated Power Markets

Energy Storage in Deregulated Power Markets
Posted: 13 Dec 2013
Authors:
Michael I. Henderson
Primary Committee:
IEEE Smart Grid Newsletters
Pages: 4

The large scale development of energy storage presents risks and opportunities. Storage devices can provide more efficient use of the transmission and distribution systems, facilitate the development of variable resources and improve the economic and environmental performance of electric power production resources. But increased reliance on storage will also affect the reliability of the power system and there will be a need for improved modeling of the net load forecasts, resource performance and transmission system performance.

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