Conference paper
Compressed air energy storage (CAES) - possibilities in Denmark
Through a systematic development of the Danish electrical supply system with wind power and CHP, problems with stability and electricity surplus have appeared. Therefore, the possibilities for profitably implementing a CAES plant for energy storage, peak shaving and electricity surplus reduction are investigated.
Based on existing plants and the latest technology a simulation model of a 360 MW plant with an efficiency of 35 % has been developed and optimized to Danish conditions. An analysis of the economics in the plant, operating under market conditions, shows a growing potential, but the allocated investment costs require investigation of more competitive operation.
The regulating-power market could be a solution.
Language: | English |
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Year: | 2005 |
Pages: | 1499-1507 |
Proceedings: | 18th International Conference on Efficiency, Cost, Optimization, Simulation, and Environmental Impact of Energy Systems |
Types: | Conference paper |
ORCIDs: | Elmegaard, Brian and Brix, Wiebke |