Prefeasibility analysis of the Pumped Hydro Storage (PHS) system in Türkiye: A case study on a hybrid system
Abstract
Pumped Hydro Storage (PHS) power plants aim to exploit the price difference between storing and generating electricity. These power plants operate by pumping water from the lower reservoir to the upper reservoir, consuming energy, and generating electricity by transferring water from the upper reservoir to the lower reservoir. There is no pumped storage power plant in Turkey yet, and it is in the planning stage. This study aims to provide a preliminary feasibility analysis of this investment from an economic and technical point of view and to contribute to this issue through the recently announced feed-in tariff for PHS. The planned PHS at Gökçekaya Dam was considered a proposal in this study and was carried out using a developed algorithm. The algorithm determines the optimal installed capacity of hybrid energy. This feasibility analysis is based on two scenarios. The difference between the first and second scenarios is due to the investment cost of the PHS system. Additionally, the second scenario considers an integrated hybrid Solar Hydroelectric (SHE) system. Each scenario is evaluated in terms of base price, average price, maximum feed-in price, and market peak price. The result of the study is that only the market price represents a remarkable payback period for pumped storage power plants. As a result of the study, it was found that it’s possible to support the pumped storage power plant with a hybrid solar power system and market price if only the storage volume is increased. The feed-in tariff should be set to cover the demand. In the first scenario, only the PHS was evaluated, and after completing the economic analysis, the investment has a payback period of 28.39 years for the market peak price. If the PHS facility is supported by a hybrid solar energy system for internal energy needs, the payback periods can be reduced. In the first scenario, the investment has a payback period of 18.05 years, supported by integrated hybrid solar energy. In the second scenario, the PHS investment has a payback period of 9.63 years for the highest price on the market. The investment has a payback period of 8.66 years, which is supported by the integrated hybrid solar energy. Due to the high self-consumption of energy, integrated hybrid solar energy is suitable for the PHS projects.
References
[1] Andritz. Pumped storage. Available online: https://www.andritz.com/products-en/hydro/products/pumped-storage (accessed on 1 July 2023).
[2] Capabilities, Costs & Innovation Working Group. Pumped Storage Hydropower capabilities and costs. Available online: https://assets-global.website-files.com/5f749e4b9399c80b5e421384/61432796645661f940f277a8_IFPSH%20-%20PSH%20Capabilities%20and%20Costs_15%20Sept.pdf (accessed on 1 July 2023).
[3] Møller KT, Jensen TR, Akiba E, et al. Hydrogen - A sustainable energy carrier. Progress in Natural Science: Materials International. 2017, 27(1): 34-40. doi: 10.1016/j.pnsc.2016.12.014
[4] International Hydropower Association. 2021 Hydropower Status Report: Sector Trends and Insights. International Hydropower Association; 2022.
[5] Çiçek Ö, Özdemir M. Örnek Bir Hidroelektrik Santrali İçin Pompaj Depolamalı Hidroelektrik Santrali Tasarımı. Gazi Journal of Engineering Sciences. 2021, 7(1): 26-35. doi: 10.30855/gmbd.2021.01.04
[6] Rehman S, Al-Hadhrami LM, Alam MdM. Pumped hydro energy storage system: A technological review. Renewable and Sustainable Energy Reviews. 2015, 44: 586-598. doi: 10.1016/j.rser.2014.12.040
[7] Blakers A, Stocks M, Lu B, et al. A review of pumped hydro energy storage. Progress in Energy. 2021, 3(2): 022003. doi: 10.1088/2516-1083/abeb5b
[8] Steffen B. Prospects for pumped-hydro storage in Germany. Energy Policy. 2012, 45: 420-429. doi: 10.1016/j.enpol.2012.02.052
[9] Ma T, Yang H, Lu L. Feasibility study and economic analysis of Pumped Hydro Storage and battery storage for a renewable energy powered island. Energy Conversion and Management. 2014, 79: 387-397. doi: 10.1016/j.enconman.2013.12.047
[10] Yang CJ, Jackson RB. Opportunities and barriers to pumped-hydro energy storage in the United States. Renewable and Sustainable Energy Reviews. 2011, 15(1): 839-844. doi: 10.1016/j.rser.2010.09.020
[11] Hunt JD, Zakeri B, Lopes R, et al. Existing and new arrangements of pumped-hydro storage plants. Renewable and Sustainable Energy Reviews. 2020, 129: 109914. doi: 10.1016/j.rser.2020.109914
[12] Sivakumar N, Das D, Padhy NP, et al. Status of pumped hydro-storage schemes and its future in India. Renewable and Sustainable Energy Reviews. 2013, 19: 208-213. doi: 10.1016/j.rser.2012.11.001
[13] Foley AM, Leahy PG, Li K, et al. A long-term analysis of Pumped Hydro Storage to firm wind power. Applied Energy. 2015, 137: 638-648. doi: 10.1016/j.apenergy.2014.07.020
[14] Javed MS, Ma T, Jurasz J, et al. Solar and wind power generation systems with Pumped Hydro Storage: Review and future perspectives. Renewable Energy. 2020, 148: 176-192. doi: 10.1016/j.renene.2019.11.157
[15] Ma T, Yang H, Lu L, et al. Technical feasibility study on a standalone hybrid solar-wind system with Pumped Hydro Storage for a remote island in Hong Kong. Renewable Energy. 2014, 69: 7-15. doi: 10.1016/j.renene.2014.03.028
[16] Kusakana K. Optimal scheduling for distributed hybrid system with Pumped Hydro Storage. Energy Conversion and Management. 2016, 111: 253-260. doi: 10.1016/j.enconman.2015.12.081
[17] Barbour E, Wilson IAG, Radcliffe J, et al. A review of pumped hydro energy storage development in significant international electricity markets. Renewable and Sustainable Energy Reviews. 2016, 61: 421-432. doi: 10.1016/j.rser.2016.04.019
[18] Lin S, Ma T, Shahzad Javed M. Prefeasibility study of a distributed photovoltaic system with Pumped Hydro Storage for residential buildings. Energy Conversion and Management. 2020, 222: 113199. doi: 10.1016/j.enconman.2020.113199
[19] Ding H, Hu Z, Song Y. Stochastic optimization of the daily operation of wind farm and pumped-hydro-storage plant. Renewable Energy. 2012, 48: 571-578. doi: 10.1016/j.renene.2012.06.008
[20] Javed MS, Zhong D, Ma T, et al. Hybrid pumped hydro and battery storage for renewable energy based power supply system. Applied Energy. 2020, 257: 114026. doi: 10.1016/j.apenergy.2019.114026
[21] Kocaman AS, Modi V. Value of Pumped Hydro Storage in a hybrid energy generation and allocation system. Applied Energy. 2017, 205: 1202-1215. doi: 10.1016/j.apenergy.2017.08.129
[22] Kim YM, Shin DG, Favrat D. Operating characteristics of constant-pressure compressed air energy storage (CAES) system combined with Pumped Hydro Storage based on energy and exergy analysis. Energy. 2011, 36(10): 6220-6233. doi: 10.1016/j.energy.2011.07.040
[23] Kapsali M, Anagnostopoulos JS, Kaldellis JK. Wind powered pumped-hydro storage systems for remote islands: A complete sensitivity analysis based on economic perspectives. Applied Energy. 2012, 99: 430-444. doi: 10.1016/j.apenergy.2012.05.054
[24] Stocks M, Stocks R, Lu B, et al. Global Atlas of Closed-Loop Pumped Hydro Energy Storage. Joule. 2021, 5(1): 270-284. doi: 10.1016/j.joule.2020.11.015
[25] Fan J, Xie H, Chen J, et al. Preliminary feasibility analysis of a hybrid pumped-hydro energy storage system using abandoned coal mine goafs. Applied Energy. 2020, 258: 114007. doi: 10.1016/j.apenergy.2019.114007
[26] Bredeson L, Cicilio P. Hydropower and Pumped Storage Hydropower Resource Review and Assessment for Alaska’s Railbelt Transmission System. Energies. 2023, 16(14): 5494. doi: 10.3390/en16145494
[27] Baniya R, Talchabhadel R, Panthi J, et al. Nepal Himalaya offers considerable potential for pumped storage hydropower. Sustainable Energy Technologies and Assessments. 2023, 60: 103423. doi: 10.1016/j.seta.2023.103423
[28] Souček J, Nowak P, Kantor M, et al. CFD as a Decision Tool for Pumped Storage Hydropower Plant Flow Measurement Method. Water. 2023, 15(4): 779. doi: 10.3390/w15040779
[29] Hu J, Wang Q, Meng Z, et al. Numerical Study of the Internal Fluid Dynamics of Draft Tube in Seawater Pumped Storage Hydropower Plant. Sustainability. 2023, 15(10): 8327. doi: 10.3390/su15108327
[30] Wang Z, Fang G, Wen X, et al. Coordinated operation of conventional hydropower plants as hybrid pumped storage hydropower with wind and photovoltaic plants. Energy Conversion and Management. 2023, 277: 116654. doi: 10.1016/j.enconman.2022.116654
[31] Ghanjati C, Tnani S. Optimal sizing and energy management of a stand-alone photovoltaic/pumped storage hydropower/battery hybrid system using Genetic Algorithm for reducing cost and increasing reliability. Energy & Environment. 2022, 34(6): 2186-2203. doi: 10.1177/0958305x221110529
[32] Lei L, Chen D, Ma C, et al. Optimization and decision making of guide vane closing law for pumped storage hydropower system to improve adaptability under complex conditions. Journal of Energy Storage. 2023, 73: 109038. doi: 10.1016/j.est.2023.109038
[33] Lan X, Gu N, Egusquiza M, et al. Parameter optimization decision framework for transient process of a pumped storage hydropower system. Energy Conversion and Management. 2023, 286: 117064. doi: 10.1016/j.enconman.2023.117064
[34] Huang G, Rao X, Shao X, et al. Distribution of heavy metals influenced by pumped storage hydropower in abandoned mines: Leaching test and modelling simulation. Journal of Environmental Management. 2023, 326: 116836. doi: 10.1016/j.jenvman.2022.116836
[35] Liu B, Zhou J, Guo W, et al. A many-objective optimization strategy for unified optimal operation of pumped storage hydropower station under multiple load rejection conditions. Energy for Sustainable Development. 2023, 74: 34-49. doi: 10.1016/j.esd.2023.03.011
[36] Yi Z, Chen Z, Yin K, et al. Sensing as the key to the safety and sustainability of new energy storage devices. Protection and Control of Modern Power Systems. 2023, 8(1). doi: 10.1186/s41601-023-00300-2
[37] Liu Y, Wang L, Li D, et al. State-of-health estimation of lithium-ion batteries based on electrochemical impedance spectroscopy: a review. Protection and Control of Modern Power Systems. 2023, 8(1). doi: 10.1186/s41601-023-00314-w
[38] Ma N, Yin H, Wang K. Prediction of the Remaining Useful Life of Supercapacitors at Different Temperatures Based on Improved Long Short-Term Memory. Energies. 2023, 16(14): 5240. doi: 10.3390/en16145240
[39] Available online: https://www.dsi.gov.tr/ (accessed on 1 July 2023.)
[40] Available online: https://www.epias.com.tr/en/ (accessed on 1 July 2023).
[41] Available online: https://www.firstsolar.com/-/media/First-Solar/Technical-Documents/Series-6-Datasheets/ (accessed on 1 July 2023).
[42] Available online: https://openjicareport.jica.go.jp/pdf/12019790.pdf (accessed on 1 July 2023).
[43] International Renewable Energy Agency. Renewable Power Generation Costs in 2021. International Renewable Energy Agency; 2022.
[44] International Renewable Energy Agency. Renewable Power Generation Costs in 2019. International Renewable Energy Agency; 2020.
[45] Available online: https://www.resmigazete.gov.tr/fihrist?tarih=2023-05-01 (accessed on 1 July 2023).
[46] Available online: https://www.epdk.gov.tr/Home/En (accessed on 1 July 2023).
[47] Available online: https://www.tcmb.gov.tr/kurlar/kurlar_tr.html (accessed on 18 May 2023).
[48] Available online: https://www.earthdata.nasa.gov/topics/atmosphere/atmospheric-radiation/solar-irradiance (accessed on 1 July 2023).
Copyright (c) 2023 Muhammed Fatih Saltuk
This work is licensed under a Creative Commons Attribution 4.0 International License.