Abstract
The flexibility that Electric-Energy Storage Systems (EES) will bring into the power system, as one of the key technologies which enables the widespread use of intermittent renewable energies and the decoupling of power generation from power consumption, can be used both in terms of power and energy. Such a capability will be beneficial to all the actors in the power system: the generation companies, the system operators (transmission and distribution) and the consumers (see Fig. 7.1). Generally, the benefits of EES from the points of view of utilities, consumers and generation are introduced in Sect. 1.1.2. In this chapter, the economic benefits from the point of view of the market participants will be specified in detail.
References
Zakeri B, Syri S (2015) Electrical energy storage systems: a comparative life cycle cost analysis. Renew Sust Energ Rev, Vol. 42. Issue C: 569–596
Styczynski Z, Adamiak F, Abby C, do Vale Z, Cheng S, Favre-Perrod P, Ferret R, Itvani R, Iwasaki H, Joss G, Kieny C, Kleimaier M, Lazarawicz M, Lombardi P, Mecado P.E, Soo Moon M, Ohler C, Pecas Lopes J, Pikutowski M, Price A, Roberts R, Seerhapathy R, Verma S.C, Vikelgaad H, Voropai N, Wojszczyk B (2011) Electric Energy Storage System. Report GIGRE WG C6.15. No 458. GIGRE, Paris. ISBN: 978-2-85873-147–3P
Lombardi, Röhrig C, Rudion K, Marquardt R, Müller‐Mienack M, Estermann AS, Styczynski ZA, Voropai NI (2014) An A-CAES pilot installation in the distribution system: a technical study for RES integration. Ener Scie Eng, Vol. 2, Issue 3: 116–127
Luo X, Wang J, Dooner M, Clarke J (2015) Overview of current development in electrical energy storage technologies and the application potential in power system operation. Appl Energ, Vol 137: 511–536
Lombardi P, Sokolnikova T, Suslov K, Komarnicki P, Styczynski Z (2013) Power to gas as an alternative energy storage solution to integrate a large amount of renewable energy: economic and technical analysis. Distribution Systems and Dispersed Generation-Cigré SC C6 Colloquium, Yokohama
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2017 Springer-Verlag GmbH Germany
About this chapter
Cite this chapter
Komarnicki, P., Lombardi, P., Styczynski, Z. (2017). Economics of Electric Energy Storage Systems. In: Electric Energy Storage Systems. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-53275-1_7
Download citation
DOI: https://doi.org/10.1007/978-3-662-53275-1_7
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-662-53274-4
Online ISBN: 978-3-662-53275-1
eBook Packages: EnergyEnergy (R0)