This report defines and evaluates cost and performance parameters of six battery energy storage technologies (BESS) (lithium-ion batteries, lead-acid batteries, redox flow batteries, sodium-sulfur batteries, sodium metal halide batteries, and zinc-hybrid cathode batteries) and four non-BESS storage technologies (pumped storage hydropower, flywheels, compressed air energy storage, and ultracapacitors). Data for combustion turbines are also presented. Cost information was procured for the most recent year for which data were available based on an extensive literature review, conversations with vendors and stakeholders, and summaries of actual costs provided from specific projects at sites across the United States. Detailed cost and performance estimates were presented for 2018 and projected out to 2025.
This report defines and evaluates cost and performance parameters of six battery energy storage technologies (BESS) (lithium-ion batteries, lead-acid batteries, redox flow batteries, sodium-sulfur batteries, sodium metal halide batteries, and zinc-hybrid cathode batteries) and four non-BESS storage technologies (pumped storage hydropower, flywheels, compressed air energy storage, and ultracapacitors). Data for combustion turbines are also presented. Cost information was procured for the most recent year for which data were available based on an extensive literature review, conversations with vendors and stakeholders, and summaries of actual costs provided from specific projects at sites across the United States. Detailed cost and performance estimates were presented for 2018 and projected out to 2025.
While the Smart Grid Demo was completed by the end of January 2015, PGE has continued using this facility in a manner consistent with the original purpose of the program. PNNL was engaged by DOE and PGE to review SSPC operations and to evaluate its technical performance and financial potential. This report presents the results of the PNNL performance tests and the efforts to co-optimize a bundle of SSPC energy storage use cases to enhance its economic value to PGE and the customers it serves. The following key lessons and implications can be drawn from the analysis. 1-The SSPC is Currently Underutilized and Optimal Operation Could Generate an Additional $170,000 in Value Annually In terms of economic operation, the SSPC is currently underutilized, operating an average of 14 hours per month, or 1.9 percent of available hours. With that noted, PGE is using the BESS for the highest value application (primary frequency response
Recent developments and advances in distributed energy resource (DER) technologies make them valuable assets in microgrids. This paper presents an innovative evaluation framework for microgrid assets to capture economic benefits from various grid and behind-the-meter services in grid-connecting mode and resilience benefits in islanding mode. In particular, a linear programming formulation is used to model different services and DER operational constraints to determine the optimal DER dispatch to maximize economic benefits. For the resiliency analysis, a stochastic evaluation procedure is proposed to explicitly quantify the microgrid survivability against a random outage, considering uncertainties associated with photovoltaic (PV) generation, system load, and distributed generator failures. Optimal coordination strategies are developed to minimize unserved energy and improve system survivability, considering different levels of system connectedness. The proposed framework has been applied to evaluate a proposed microgrid in Northampton, Massachusetts that would link the Northampton Department of Public Works, Cooley Dickenson Hospital, and Smith Vocational Area High School. The findings of this analysis indicate that over a 20-year economic life, a 441 kW/441 kWh battery energy storage system, and 386 kW PV solar array can generate $2.5 million in present value benefits, yielding a 1.16 return on investment ratio. Results of this study also show that forming a microgrid generally improves system survivability, but the resilience performance of individual facilities varies depending on power-sharing strategies.
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