Renewable energy

Deployment and the roles of energy storage

S. O. Masebinu, E. T. Akinlabi, E. Muzenda, A. O. Aboyade

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Citation (Scopus)

Abstract

Hydro energy still remains the highest RE contributor to electricity generation globally, nevertheless, trends in solar and wind energy has shown increasing investment in RE. Though a decline in investment was observed between 2012 and 2013, yet investment in RE exceeded that of non-RE in the excess of $80 billion dollar. In 2014, investment increased by 16%. As developed countries get saturated with RE technologies, developing countries are now the focus for investment. Wistfully, path dependency problem, lack of adequate infrastructure and policy framework have been highlighted as the major barrier to RE deployment in developing countries. Also, lack of harmonised government agency for RE implementation, incentives and educational gap are the institutional and social barriers. Energy Storage (ES) is being promoted as the "game changer" with capability of smoothening the variability associated with two RE technologies, wind and solar, with the highest deployment rate. Recent developments are indicative of cost reduction for ES. This paper therefore presents a concise and holistic review of renewable energy (RE) technologies for electricity generation and assess the roles of ES in mitigating intermittency associated with their generation profile.

Original languageEnglish
Title of host publicationWCE 2016 - World Congress on Engineering 2016
EditorsS. I. Ao, S. I. Ao, Len Gelman, S. I. Ao, Len Gelman, David W.L. Hukins, Andrew Hunter, Alexander M. Korsunsky
PublisherNewswood Limited
Pages1003-1012
Number of pages10
Volume2224
ISBN (Electronic)9789881404800
Publication statusPublished - Jan 1 2016
EventWorld Congress on Engineering 2016, WCE 2016 - London, United Kingdom
Duration: Jun 29 2016Jul 1 2016

Other

OtherWorld Congress on Engineering 2016, WCE 2016
CountryUnited Kingdom
CityLondon
Period6/29/167/1/16

Fingerprint

Energy storage
Developing countries
Electricity
Cost reduction
Solar energy
Wind power

All Science Journal Classification (ASJC) codes

  • Computer Science (miscellaneous)

Cite this

Masebinu, S. O., Akinlabi, E. T., Muzenda, E., & Aboyade, A. O. (2016). Renewable energy: Deployment and the roles of energy storage. In S. I. Ao, S. I. Ao, L. Gelman, S. I. Ao, L. Gelman, D. W. L. Hukins, A. Hunter, ... A. M. Korsunsky (Eds.), WCE 2016 - World Congress on Engineering 2016 (Vol. 2224, pp. 1003-1012). Newswood Limited.
Masebinu, S. O. ; Akinlabi, E. T. ; Muzenda, E. ; Aboyade, A. O. / Renewable energy : Deployment and the roles of energy storage. WCE 2016 - World Congress on Engineering 2016. editor / S. I. Ao ; S. I. Ao ; Len Gelman ; S. I. Ao ; Len Gelman ; David W.L. Hukins ; Andrew Hunter ; Alexander M. Korsunsky. Vol. 2224 Newswood Limited, 2016. pp. 1003-1012
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Masebinu, SO, Akinlabi, ET, Muzenda, E & Aboyade, AO 2016, Renewable energy: Deployment and the roles of energy storage. in SI Ao, SI Ao, L Gelman, SI Ao, L Gelman, DWL Hukins, A Hunter & AM Korsunsky (eds), WCE 2016 - World Congress on Engineering 2016. vol. 2224, Newswood Limited, pp. 1003-1012, World Congress on Engineering 2016, WCE 2016, London, United Kingdom, 6/29/16.

Renewable energy : Deployment and the roles of energy storage. / Masebinu, S. O.; Akinlabi, E. T.; Muzenda, E.; Aboyade, A. O.

WCE 2016 - World Congress on Engineering 2016. ed. / S. I. Ao; S. I. Ao; Len Gelman; S. I. Ao; Len Gelman; David W.L. Hukins; Andrew Hunter; Alexander M. Korsunsky. Vol. 2224 Newswood Limited, 2016. p. 1003-1012.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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AU - Aboyade, A. O.

PY - 2016/1/1

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N2 - Hydro energy still remains the highest RE contributor to electricity generation globally, nevertheless, trends in solar and wind energy has shown increasing investment in RE. Though a decline in investment was observed between 2012 and 2013, yet investment in RE exceeded that of non-RE in the excess of $80 billion dollar. In 2014, investment increased by 16%. As developed countries get saturated with RE technologies, developing countries are now the focus for investment. Wistfully, path dependency problem, lack of adequate infrastructure and policy framework have been highlighted as the major barrier to RE deployment in developing countries. Also, lack of harmonised government agency for RE implementation, incentives and educational gap are the institutional and social barriers. Energy Storage (ES) is being promoted as the "game changer" with capability of smoothening the variability associated with two RE technologies, wind and solar, with the highest deployment rate. Recent developments are indicative of cost reduction for ES. This paper therefore presents a concise and holistic review of renewable energy (RE) technologies for electricity generation and assess the roles of ES in mitigating intermittency associated with their generation profile.

AB - Hydro energy still remains the highest RE contributor to electricity generation globally, nevertheless, trends in solar and wind energy has shown increasing investment in RE. Though a decline in investment was observed between 2012 and 2013, yet investment in RE exceeded that of non-RE in the excess of $80 billion dollar. In 2014, investment increased by 16%. As developed countries get saturated with RE technologies, developing countries are now the focus for investment. Wistfully, path dependency problem, lack of adequate infrastructure and policy framework have been highlighted as the major barrier to RE deployment in developing countries. Also, lack of harmonised government agency for RE implementation, incentives and educational gap are the institutional and social barriers. Energy Storage (ES) is being promoted as the "game changer" with capability of smoothening the variability associated with two RE technologies, wind and solar, with the highest deployment rate. Recent developments are indicative of cost reduction for ES. This paper therefore presents a concise and holistic review of renewable energy (RE) technologies for electricity generation and assess the roles of ES in mitigating intermittency associated with their generation profile.

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Masebinu SO, Akinlabi ET, Muzenda E, Aboyade AO. Renewable energy: Deployment and the roles of energy storage. In Ao SI, Ao SI, Gelman L, Ao SI, Gelman L, Hukins DWL, Hunter A, Korsunsky AM, editors, WCE 2016 - World Congress on Engineering 2016. Vol. 2224. Newswood Limited. 2016. p. 1003-1012