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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.

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Authors

Oghenetejiri H. Anuta

Andrew F. Crossland

Darren Jones

Neal S. Wade



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). Regulatory and Financial Hurdles for the Installation of Energy Storage in UK Distribution Networks. In CIRED 2012 workshop : integration of renewables into the distribution grid (1-4). https://doi.org/10.1049/cp.2012.0811

Conference Name CIRED Workshop 2012: Integration of Renewables into the Distribution Grid
Conference Location Lisbon, Portugal
Publication Date May 1, 2012
Deposit Date May 22, 2012
Publicly Available Date Mar 28, 2024
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

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