Economic Analysis of the Investments in Battery Energy Storage Systems: Review and Current Perspectives

Paulo Rotella Junior (author) / Luiz Célio Souza Rocha (author) / Sandra Naomi Morioka (author) / Ivan Bolis (author) / Gianfranco Chicco (author) / Andrea Mazza (author) / Karel Janda (author) / Rotella Junior, Paulo / Célio Souza Rocha, Luiz / Naomi Morioka, Sandra

2021-01-01

https://doi.org/10.3390/en14092503

Article (Journal)

Electronic Resource

English

provides a comprehensive overview of key methodological possibilities for researchers interested in economic analysis of battery energy storage system , Sources such as solar and wind energy are intermittent , which plays an important role in improving the stability and the reliability of the grid. This study provides the review of the state-of-the-art in the literature on the economic analysis of battery energy storage systems. The paper makes evident the growing interest of batteries as energy storage systems to improve techno-economic viability of renewable energy system , indicates the need to use adequate economic indicators for investment decision , and identifies key research topics of the analyzed literature: (i) photovoltaic systems with battery energy storage systems for residential areas , (iii) power quality improvement. The last key contribution is the proposed research agenda , and this is seen as a barrier to their wide utilization. The increasing grid integration of intermittent renewable energy sources generation significantly changes the scenario of distribution grid operations. Such operational challenges are minimized by the incorporation of the energy storage system , (ii) comparison between energy storage technologies

DDC:  690