2020
DOI: 10.1016/j.est.2020.101345
|View full text |Cite
|
Sign up to set email alerts
|

Techno-economic assessment of energy storage systems using annualized life cycle cost of storage (LCCOS) and levelized cost of energy (LCOE) metrics

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

0
84
0
1

Year Published

2020
2020
2024
2024

Publication Types

Select...
7
1

Relationship

1
7

Authors

Journals

citations
Cited by 174 publications
(85 citation statements)
references
References 46 publications
0
84
0
1
Order By: Relevance
“…Other points that were not under the scope of this work and will be addressed in future works are the reliability evaluation of the obtained configurations via system average interruption frequency index (SAIFI), system average interruption duration index (SAIDI), and other reliability indices and considering other power quality issues that affect the HC of the distribution systems. Future works will consider the allocation of multi-terminal SOPs [46] and various energy storage types [47] along with DNR for increasing the HC of the studied distribution systems while ensuring an effective protective scheme [48]. Besides, reliability will be considered in the possible works [49][50][51] to provide a reliable configuration for unbalanced large/real distribution networks.…”
Section: Discussionmentioning
confidence: 99%
“…Other points that were not under the scope of this work and will be addressed in future works are the reliability evaluation of the obtained configurations via system average interruption frequency index (SAIFI), system average interruption duration index (SAIDI), and other reliability indices and considering other power quality issues that affect the HC of the distribution systems. Future works will consider the allocation of multi-terminal SOPs [46] and various energy storage types [47] along with DNR for increasing the HC of the studied distribution systems while ensuring an effective protective scheme [48]. Besides, reliability will be considered in the possible works [49][50][51] to provide a reliable configuration for unbalanced large/real distribution networks.…”
Section: Discussionmentioning
confidence: 99%
“…In comparison, in the residential community microgrid dominated by renewable DERs, battery storage assets would be the only source that can set the supply curve. Levelized cost of energy (LCOE) is a general approach to model the cost of a battery storage, by averaging the life cycle costs (including capital cost, operation cost, and maintenance cost) into each hour [14]. However, it is a constant value that cannot accurately reflect the energy scarcity situations at different time periods (with respect to the availability and fluctuation of renewable DERs) and the dynamic degradation process of a battery storage through multiple charging-discharging cycles.…”
Section: Marginal Cost Model Of Battery Storage To Enable Price-drivementioning
confidence: 99%
“…( ) = 2 ⁄ ; (13) The relationship between net power dispatch (i.e., discharging minus charging) of the battery and the average DOD over a short time period of ∆ is formulated as in (14). and are the initial state of charge (SOC) and the energy of the battery for time interval ∆ .…”
Section: Tertiary Controlmentioning
confidence: 99%
See 1 more Smart Citation
“…Renewable energy environmentally-friendly sources have proven efficient, clean, and low cost candidates to the traditional fossil fuels [1]- [5]. Several studies have been performed for evaluating the joint technical-economical long term impacts of RESs installations [6], [7]. In addition, the continual cost decrease of the RES technologies and parts have lead to intensive widespread world-widely.…”
Section: Introductionmentioning
confidence: 99%