Result: Two-step approach for quasi-optimization of energy storage and transportation at renewable energy site.
Further Information
In this paper, the authors present a two-step model to obtain quasi-optimal solutions for the storage and transportation of renewable energy as its installation becomes more widespread in remote areas. The model is formulated as a total cost minimization linear programming problem and considers both renewable energy facilities and the energy supply and demand of the entire country. The first step of the model optimizes the entire country, while the second step determines the marginal capacity of energy storage and transportation facilities when the excess production capacity of remote renewable energy is added. This approximation for reducing computational complexity is shown to be sufficiently accurate under realistic conditions. The authors apply the model to analyze energy storage and hydrogen production at renewable energy power plants in Japan in 2050. The study shows that photovoltaic power generation uses storage batteries attached to the power plant for electricity transmission. In contrast, wind power generation transmits most electricity directly without storage batteries and converts some into hydrogen for consumers. The proposed lightweight model allows for numeral sensitivity analyses, which provide valuable insight into optimizing energy storage and transport of renewable energy. • We developed a 2-step model for quasi-optimization of equipment at VRE site. • This model optimizes energy storage and transport with VRE deployment. • If additional VRE is sufficiently small, the model division retains sufficient accuracy. • Energy supply costs minimized by combining power transmission and H 2 transportation. • PV has large LIB, while WT has direct transmission and H 2 production. [ABSTRACT FROM AUTHOR]
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