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Economics of Electric Energy Storage Systems

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Electric Energy Storage Systems

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.

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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

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  • DOI: https://doi.org/10.1007/978-3-662-53275-1_7

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-662-53274-4

  • Online ISBN: 978-3-662-53275-1

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