Abstract
Nuclear power represents a traditional baseload power component to the grid, while renewables output variable amounts of power at unpredictable times. Nuclear and renewable energy integration (NREI) systems have previously been explored as valuable additions to the existing power grid. Energy storage systems can allow power plants to store energy mechanically using pumped hydro or compressed air, thermally using liquid salt or steam accumulators, or chemically with batteries. The addition of energy storage to NREI systems can allow for the discharge of electricity to adjust to demands placed on the grid. The allocation of energy to adjust to grid demand is explored through a historical 8,760-hour analysis including nuclear, wind, and solar NREI systems with energy storage. The operation of storage systems is compared through simulations of different storage and discharge parameters based off the maximum daily grid demands, and hourly electricity prices. The overall profitability of storage systems is determined by comparing simulation results for the overall net revenue increases exceeding storage efficiency losses. Several NREI systems have increased the value of electricity for both solar PV and wind energy, in combination with nuclear power. Optimization of these systems is developed using MATLAB code and the simulations of the most profitable results are explored.
| Original language | English |
|---|---|
| Pages (from-to) | 878-881 |
| Number of pages | 4 |
| Journal | Transactions of the American Nuclear Society |
| Volume | 116 |
| State | Published - 2017 |
| Event | 2017 Transactions of the American Nuclear Society, ANS 2017 - San Francisco, United States Duration: Jun 11 2017 → Jun 15 2017 |
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