Next Article in Journal
Adaptively Constrained Stochastic Model Predictive Control for the Optimal Dispatch of Microgrid
Next Article in Special Issue
Hydropower Impacts on Electrical System Production Costs in the Southwest United States
Previous Article in Journal
Frequency Regulation of a Hybrid Wind–Hydro Power Plant in an Isolated Power System
Previous Article in Special Issue
Value-Creation Potential from Multi-Market Trading for a Hydropower Producer
Open AccessArticle

Assessment of Future Whole-System Value of Large-Scale Pumped Storage Plants in Europe

Department of Electrical and Electronic Engineering, Imperial College London, London SW7 2AZ, UK
Author to whom correspondence should be addressed.
Energies 2018, 11(1), 246;
Received: 14 November 2017 / Revised: 18 December 2017 / Accepted: 6 January 2018 / Published: 19 January 2018
(This article belongs to the Special Issue Hydropower 2017)
This paper analyses the impacts and benefits of the pumped storage plant (PSP) and its upgrade to variable speed on generation and transmission capacity requirements, capital costs, system operating costs and carbon emissions in the future European electricity system. The combination of a deterministic system planning tool, Whole-electricity System Investment Model (WeSIM), and a stochastic system operation optimisation tool, Advanced Stochastic Unit Commitment (ASUC), is used to analyse the whole-system value of PSP technology and to quantify the impact of European balancing market integration and other competing flexible technologies on the value of the PSP. Case studies on the Pan-European system demonstrate that PSPs can reduce the total system cost by up to €13 billion per annum by 2050 in a scenario with a high share of renewables. Upgrading the PSP to variable-speed drive enhances its long-term benefits by 10–20%. On the other hand, balancing market integration across Europe may potentially reduce the overall value of the variable-speed PSP, although the effect can vary across different European regions. The results also suggest that large-scale deployment of demand-side response (DSR) leads to a significant reduction in the value of PSPs, while the value of PSPs increases by circa 18% when the total European interconnection capacity is halved. The benefit of PSPs in reducing emissions is relatively negligible by 2030 but constitutes around 6–10% of total annual carbon emissions from the European power sector by 2050. View Full-Text
Keywords: energy storage; pumped storage plant; system optimisation energy storage; pumped storage plant; system optimisation
Show Figures

Figure 1

MDPI and ACS Style

Teng, F.; Pudjianto, D.; Aunedi, M.; Strbac, G. Assessment of Future Whole-System Value of Large-Scale Pumped Storage Plants in Europe. Energies 2018, 11, 246.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

Back to TopTop