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Investing in flexibility in an integrated planning of natural gas and power systems

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Title: Investing in flexibility in an integrated planning of natural gas and power systems
Authors: Ameli, H
Qadrdan, M
Strbac, G
Ameli, MT
Item Type: Journal Article
Abstract: The growing interdependencies between natural gas and power systems, driven by gas-fired generators and gas compressors supplied by electricity, necessitates detailed investigation of the interactions between these vectors, particularly in the context of growing penetration of renewable energy sources. In this research, an expansion planning model for integrated natural gas and power systems is proposed. The model investigates optimal investment in flexibility options such as battery storage, demand side response, and gas-fired generators. The value of these flexibility options is quantified for gas and electricity systems in GB in 2030. The results indicate that the flexibility options could play an important role in meeting the emission targets in the future. However, the investment costs of these options highly impact the future generation mix as well as the type of reinforcements in the natural gas system infrastructure. Through deployment of the flexibility options up to £24.2b annual cost savings in planning and operation of natural gas and power systems could be achieved, compared to the case that no flexibility option is considered.
Issue Date: Jun-2020
Date of Acceptance: 30-Mar-2020
URI: http://hdl.handle.net/10044/1/77765
DOI: 10.1049/iet-esi.2019.0065
ISSN: 2516-8401
Publisher: Institution of Engineering and Technology
Start Page: 101
End Page: 111
Journal / Book Title: IET Energy Systems Integration
Volume: 2
Issue: 2
Copyright Statement: This is an open access article published by the IET and Tianjin University under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/3.0/)
Sponsor/Funder: Natural Environment Research Council (NERC)
Funder's Grant Number: NE/N018656/1
Publication Status: Published
Online Publication Date: 2020-04-06
Appears in Collections:Electrical and Electronic Engineering
Faculty of Engineering