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...
| Main Authors: | , , , , |
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| 格式: | 文件 |
| 语言: | English |
| 出版: |
Springer
2022-07-01
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| 丛编: | Carbon Neutrality |
| 主题: | |
| 在线阅读: | https://doi.org/10.1007/s43979-022-00027-3 |
| _version_ | 1828186452656128000 |
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| author | Maximilian Parzen Fabian Neumann Adriaan H. Van Der Weijde Daniel Friedrich Aristides Kiprakis |
| author_facet | Maximilian Parzen Fabian Neumann Adriaan H. Van Der Weijde Daniel Friedrich Aristides Kiprakis |
| author_sort | Maximilian Parzen |
| collection | DOAJ |
| description | 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 technology value and system benefit. ∙ The ‘market-potential-method’ is useful for research and industry. |
| first_indexed | 2024-04-12T07:18:22Z |
| format | Article |
| id | doaj.art-5a1d692fc167404cba07ec6be8b00e0a |
| institution | Directory Open Access Journal |
| issn | 2731-3948 |
| language | English |
| last_indexed | 2024-04-12T07:18:22Z |
| publishDate | 2022-07-01 |
| publisher | Springer |
| record_format | Article |
| series | Carbon Neutrality |
| spelling | doaj.art-5a1d692fc167404cba07ec6be8b00e0a2022-12-22T03:42:23ZengSpringerCarbon Neutrality2731-39482022-07-011112110.1007/s43979-022-00027-3Beyond cost reduction: improving the value of energy storage in electricity systemsMaximilian Parzen0Fabian Neumann1Adriaan H. Van Der Weijde2Daniel Friedrich3Aristides Kiprakis4University of Edinburgh, Institute for Energy SystemsTechnische Universität Berlin, Department of Digital Transformation in Energy SystemsThe Netherlands Organization for Applied Scientific Research (TNO)University of Edinburgh, Institute for Energy SystemsUniversity of Edinburgh, Institute for Energy SystemsHighlights ∙ 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 technology value and system benefit. ∙ The ‘market-potential-method’ is useful for research and industry.https://doi.org/10.1007/s43979-022-00027-3BatteryHydrogenEnergy storageEnergy system modellingTechno-economic analysisTechnology development |
| spellingShingle | Maximilian Parzen Fabian Neumann Adriaan H. Van Der Weijde Daniel Friedrich Aristides Kiprakis Beyond cost reduction: improving the value of energy storage in electricity systems Carbon Neutrality Battery Hydrogen Energy storage Energy system modelling Techno-economic analysis Technology development |
| title | Beyond cost reduction: improving the value of energy storage in electricity systems |
| title_full | Beyond cost reduction: improving the value of energy storage in electricity systems |
| title_fullStr | Beyond cost reduction: improving the value of energy storage in electricity systems |
| title_full_unstemmed | Beyond cost reduction: improving the value of energy storage in electricity systems |
| title_short | Beyond cost reduction: improving the value of energy storage in electricity systems |
| title_sort | beyond cost reduction improving the value of energy storage in electricity systems |
| topic | Battery Hydrogen Energy storage Energy system modelling Techno-economic analysis Technology development |
| url | https://doi.org/10.1007/s43979-022-00027-3 |
| work_keys_str_mv | AT maximilianparzen beyondcostreductionimprovingthevalueofenergystorageinelectricitysystems AT fabianneumann beyondcostreductionimprovingthevalueofenergystorageinelectricitysystems AT adriaanhvanderweijde beyondcostreductionimprovingthevalueofenergystorageinelectricitysystems AT danielfriedrich beyondcostreductionimprovingthevalueofenergystorageinelectricitysystems AT aristideskiprakis beyondcostreductionimprovingthevalueofenergystorageinelectricitysystems |