Grid Value Propositions for Tidal based Generation Resources - a Temporal Analysis

Abstract

As the energy sector experiences a paradigm shift towards cleaner and greener generation sources, the need for evaluating the applicability of marine energy for grid-based applications has intensified. This is because marine energy (ocean, wave and tidal) may be utilized to provide unique benefits to electric grid operations, especially in conjunction with other established renewable technologies (such as wind and solar) or technologies like energy storage. In this work, we focus our attention on some specific characteristics of one type of marine energy resources i.e. tidal based resources. Specifically, we perform a comprehensive temporal analysis using a suite of metrics on resource data to characterize the inherent predictability of the resource across various time scales of interest. We also investigate the correlation of tidal power generation profiles with energy demand and comment on the effectiveness of having such resources in the overall generation portfolio.