This project will develop energy system modelling capability to increase understanding of the role of energy storage and system flexibility in the future energy system. The modelling capability will provide a whole systems view of the different services that could be provided and at which points in the energy system they are most appropriate. Management consultancy Baringa Partners are delivering this new project to develop the capability to improve understanding with regards the future role of energy storage and the provision of cross-vector system flexibility within the context of the overall UK energy system.
The Storage and Flexibility Model is an AIMMS based model that provides a framework to allow techno-economic analysis of the role of storage and other means of energy system flexibility across multiple energy vectors at multiple levels of the energy system. This deliverable provides the project final report which summarises:
Scenario analysis using the modelling framework and data developed during the project
Identification and assessment of 3 case-study examples of private sector storage investment and potential generic policy options
Wider qualitative assessment of risks/opportunities for storage deployment associated with the analysis undertaken
The report will also describe how the scenarios have been constructed and describe the underlying model framework insofar as it is necessary to support the interpretation of its outputs.