Beyond cost reduction: improving the value of energy storage in electricity systems

Highlights ∙ Review of evaluation methods for energy storage identifies need for new approaches. ∙ Formulation of new ‘market-potential method’ to identify value of storage. ∙ Pitfalls of cost approaches are identified in an European electricity system. ∙ Increasing storage design-freedom impacts te...

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Bibliographic Details
Main Authors: Maximilian Parzen, Fabian Neumann, Adriaan H. Van Der Weijde, Daniel Friedrich, Aristides Kiprakis
Format: Article
Language:English
Published: Springer 2022-07-01
Series:Carbon Neutrality
Subjects:
Online Access:https://doi.org/10.1007/s43979-022-00027-3