publication . Article . Other literature type . 2016

Energy storage for grid services and applications: Classification, market review, metrics, and methodology for evaluation of deployment cases

Antonios Marinopoulos; Niklas Günter; Niklas Günter;
  • Published: 01 Nov 2016 Journal: Journal of Energy Storage, volume 8, pages 226-234 (issn: 2352-152X, Copyright policy)
  • Publisher: Elsevier BV
Abstract Electric energy storage can provide several important services and is used in a variety of applications. New and improved technologies and decreasing costs of batteries make energy storage competitive in certain applications. This paper presents services that can be provided by grid connected energy storage systems (ESSs) as well as applications in which these services can be deployed. A review of current and potential future markets has been conducted and metrics for measuring the monetary benefits of ESSs are presented. Deployment cases are defined for frequency regulation in the eastern United States and peak limiting in California and examined in co...
free text keywords: Cost–benefit analysis, Energy storage, Market structure, Market price, Subsidy, Environmental economics, Grid, Software deployment, Market analysis, Engineering, business.industry, business
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