A techno-economic assessment of battery business models in the UK electricity market
Author
Abstract
Suggested Citation
DOI: 10.1016/j.enpol.2020.111938
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Battke, Benedikt & Schmidt, Tobias S. & Grosspietsch, David & Hoffmann, Volker H., 2013. "A review and probabilistic model of lifecycle costs of stationary batteries in multiple applications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 25(C), pages 240-250.
- Rappaport, Ron D. & Miles, John, 2017. "Cloud energy storage for grid scale applications in the UK," Energy Policy, Elsevier, vol. 109(C), pages 609-622.
- Uddin, Kotub & Gough, Rebecca & Radcliffe, Jonathan & Marco, James & Jennings, Paul, 2017. "Techno-economic analysis of the viability of residential photovoltaic systems using lithium-ion batteries for energy storage in the United Kingdom," Applied Energy, Elsevier, vol. 206(C), pages 12-21.
- Sidhu, Arjan S. & Pollitt, Michael G. & Anaya, Karim L., 2018. "A social cost benefit analysis of grid-scale electrical energy storage projects: A case study," Applied Energy, Elsevier, vol. 212(C), pages 881-894.
- Holger C. Hesse & Michael Schimpe & Daniel Kucevic & Andreas Jossen, 2017. "Lithium-Ion Battery Storage for the Grid—A Review of Stationary Battery Storage System Design Tailored for Applications in Modern Power Grids," Energies, MDPI, vol. 10(12), pages 1-42, December.
- Andrew Burlinson & Monica Giulietti, 2018. "Non-traditional business models for city-scale energy storage: evidence from UK case studies," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 45(2), pages 215-242, June.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- German Dominguez-Gonzalez & Jose Ignacio Muñoz-Hernandez & Derek Bunn & Carlos Jesus Garcia-Checa, 2022. "Integration of Hydrogen and Synthetic Natural Gas within Legacy Power Generation Facilities," Energies, MDPI, vol. 15(12), pages 1-27, June.
- Rangarajan, Arvind & Foley, Sean & Trück, Stefan, 2023. "Assessing the impact of battery storage on Australian electricity markets," Energy Economics, Elsevier, vol. 120(C).
- Yana Buravleva & Decai Tang & Brandon J. Bethel, 2021. "Incentivizing Innovation: The Causal Role of Government Subsidies on Lithium-Ion Battery Research and Development," Sustainability, MDPI, vol. 13(15), pages 1-16, July.
- Kaiyan Wang & Xueyan Wang & Rong Jia & Jian Dang & Yan Liang & Haodong Du, 2022. "Research on Coupled Cooperative Operation of Medium- and Long-Term and Spot Electricity Transaction for Multi-Energy System: A Case Study in China," Sustainability, MDPI, vol. 14(17), pages 1-20, August.
- Enrico Maria Carlini & Alfonso De Cesare & Corrado Gadaleta & Chiara Giordano & Michela Migliori & Giuseppe Forte, 2022. "Assessment of Renewable Acceptance by Electric Network Development Exploiting Operation Islands," Energies, MDPI, vol. 15(15), pages 1-19, July.
- Zhao, Chunyang & Andersen, Peter Bach & Træholt, Chresten & Hashemi, Seyedmostafa, 2023. "Grid-connected battery energy storage system: a review on application and integration," Renewable and Sustainable Energy Reviews, Elsevier, vol. 182(C).
- Côté, Elizabeth & Salm, Sarah, 2022. "Risk-adjusted preferences of utility companies and institutional investors for battery storage and green hydrogen investment," Energy Policy, Elsevier, vol. 163(C).
- Varela Soares, Ian & Mauger, Romain & Santos, Thauan, 2023. "Considerations for benefit stacking policies in the EU electricity storage market," Energy Policy, Elsevier, vol. 172(C).
- Michas, Serafeim & Flamos, Alexandros, 2023. "Are there preferable capacity combinations of renewables and storage? Exploratory quantifications along various technology deployment pathways," Energy Policy, Elsevier, vol. 174(C).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ambrosio-Albala, P. & Upham, P. & Bale, C.S.E. & Taylor, P.G., 2020. "Exploring acceptance of decentralised energy storage at household and neighbourhood scales: A UK survey," Energy Policy, Elsevier, vol. 138(C).
- Ioannis Mexis & Grazia Todeschini, 2020. "Battery Energy Storage Systems in the United Kingdom: A Review of Current State-of-the-Art and Future Applications," Energies, MDPI, vol. 13(14), pages 1-31, July.
- Corentin Jankowiak & Aggelos Zacharopoulos & Caterina Brandoni & Patrick Keatley & Paul MacArtain & Neil Hewitt, 2019. "The Role of Domestic Integrated Battery Energy Storage Systems for Electricity Network Performance Enhancement," Energies, MDPI, vol. 12(20), pages 1-27, October.
- Ghorbanzadeh, Milad & Astaneh, Majid & Golzar, Farzin, 2019. "Long-term degradation based analysis for lithium-ion batteries in off-grid wind-battery renewable energy systems," Energy, Elsevier, vol. 166(C), pages 1194-1206.
- Ding, Jie & Xu, Yujie & Chen, Haisheng & Sun, Wenwen & Hu, Shan & Sun, Shuang, 2019. "Value and economic estimation model for grid-scale energy storage in monopoly power markets," Applied Energy, Elsevier, vol. 240(C), pages 986-1002.
- Mostafa Farrokhabadi, 2019. "Data-Driven Mitigation of Energy Scheduling Inaccuracy in Renewable-Penetrated Grids: Summerside Electric Use Case," Energies, MDPI, vol. 12(12), pages 1-23, June.
- Yu-Shan Cheng & Yi-Hua Liu & Holger C. Hesse & Maik Naumann & Cong Nam Truong & Andreas Jossen, 2018. "A PSO-Optimized Fuzzy Logic Control-Based Charging Method for Individual Household Battery Storage Systems within a Community," Energies, MDPI, vol. 11(2), pages 1-18, February.
- Amar Hisham Jaaffar & Nurshahirah Abd Majid & Bakhtiar Alrazi & Vigna K. Ramachandaramurty & Nofri Yenita Dahlan, 2022. "Determinants of Residential Consumers’ Acceptance of a Utility-Scale Battery Energy Storage System in Malaysia: Technology Acceptance Model Theory from a Different Perspective," Energies, MDPI, vol. 15(16), pages 1-17, August.
- Alexandra G. Papadopoulou & George Vasileiou & Alexandros Flamos, 2020. "A Comparison of Dispatchable RES Technoeconomics: Is There a Niche for Concentrated Solar Power?," Energies, MDPI, vol. 13(18), pages 1-22, September.
- Joanna Aleksiejuk-Gawron & Saulė Milčiuvienė & Julija Kiršienė & Enrique Doheijo & Diego Garzon & Rolandas Urbonas & Darius Milčius, 2020. "Net-Metering Compared to Battery-Based Electricity Storage in a Single-Case PV Application Study Considering the Lithuanian Context," Energies, MDPI, vol. 13(9), pages 1-17, May.
- Pepa Ambrosio-Albalá & Catherine S. E. Bale & Andrew J. Pimm & Peter G. Taylor, 2020. "What Makes Decentralised Energy Storage Schemes Successful? An Assessment Incorporating Stakeholder Perspectives," Energies, MDPI, vol. 13(24), pages 1-22, December.
- Federica Cucchiella & Idiano D’Adamo & Massimo Gastaldi & Vincenzo Stornelli, 2018. "Solar Photovoltaic Panels Combined with Energy Storage in a Residential Building: An Economic Analysis," Sustainability, MDPI, vol. 10(9), pages 1-29, August.
- Lai, Chun Sing & Locatelli, Giorgio & Pimm, Andrew & Tao, Yingshan & Li, Xuecong & Lai, Loi Lei, 2019. "A financial model for lithium-ion storage in a photovoltaic and biogas energy system," Applied Energy, Elsevier, vol. 251(C), pages 1-1.
- Puranen, Pietari & Kosonen, Antti & Ahola, Jero, 2021. "Techno-economic viability of energy storage concepts combined with a residential solar photovoltaic system: A case study from Finland," Applied Energy, Elsevier, vol. 298(C).
- Mustafa Cagatay Kocer & Ceyhun Cengiz & Mehmet Gezer & Doruk Gunes & Mehmet Aytac Cinar & Bora Alboyaci & Ahmet Onen, 2019. "Assessment of Battery Storage Technologies for a Turkish Power Network," Sustainability, MDPI, vol. 11(13), pages 1-33, July.
- Iolanda Saviuc & Herbert Peremans & Steven Van Passel & Kevin Milis, 2019. "Economic Performance of Using Batteries in European Residential Microgrids under the Net-Metering Scheme," Energies, MDPI, vol. 12(1), pages 1-28, January.
- Luna, M. & Di Piazza, M.C. & La Tona, G. & Accetta, A. & Pucci, M., 2021. "Exploiting dynamic modeling, parameter identification, and power electronics to implement a non-dissipative Li-ion battery hardware emulator," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 183(C), pages 48-65.
- Zhuk, A. & Zeigarnik, Yu. & Buzoverov, E. & Sheindlin, A., 2016. "Managing peak loads in energy grids: Comparative economic analysis," Energy Policy, Elsevier, vol. 88(C), pages 39-44.
- Avilés A., Camilo & Oliva H., Sebastian & Watts, David, 2019. "Single-dwelling and community renewable microgrids: Optimal sizing and energy management for new business models," Applied Energy, Elsevier, vol. 254(C).
- Guelpa, Elisa & Bischi, Aldo & Verda, Vittorio & Chertkov, Michael & Lund, Henrik, 2019. "Towards future infrastructures for sustainable multi-energy systems: A review," Energy, Elsevier, vol. 184(C), pages 2-21.
More about this item
Keywords
Balancing market; Energy arbitrage; Ancillary services; Capacity market; Grid-scale batteries; Renewable energy generation;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:enepol:v:148:y:2021:i:pb:s0301421520306492. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/enpol .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.