Game changer: how energy storage is the key to a secure, sustainable, clean energy future in Ireland
26 May 2022
In this study we have set out to determine the benefits of deploying energy storage in Ireland and Northern Ireland, beyond the provision of zero-carbon system services by battery technologies, the benefits of which were evaluated in our Store, Respond and Save study of December 2019.
Key findings – what have we learned?
- By participating in the Irish day-ahead energy market, energy storage can reduce day-ahead carbon emissions by 50% by using long-duration storage technologies. This makes a material contribution to meeting ambitious 2030 power sector decarbonisation goals.
- Strategic deployment of energy storage in transmission constrained regions of the network reduces the dispatch-down of renewable generation from constraints without the need for network reinforcement, unlocking additional carbon savings.
- By contributing to security of supply, helping to support renewable capacity, and displacing fossil fuels in the balancing market, energy storage can deliver a net saving to end consumers in Ireland of up to €85m per year.
- These benefits are additional to the carbon, renewable curtailment, and end consumer savings offered by energy storage through the provision of zero-carbon system services.
- Energy storage helps the integration of renewables at all stages by ensuring that generation is not wasted; reducing oversupply by up to 60%, constraint volumes by up to 90%, and curtailment by 100%.
For more information on the contents of the report or how Baringa can help your organisation, please contact the report authors Mark Turner and Alec Granville-Willett.
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