Search results for "technical-economical evaluation"
showing 4 items of 4 documents
Economic feasibility of stationary electrochemical storages for electric bill management applications: The Italian scenario
2016
Battery energy storage systems (BESSs) are expected to become a fundamental element of the electricity infrastructure, thanks to their ability to decouple generation and demand over time. BESSs can also be used to store electricity during low-price hours, when the demand is low, and to meet the demand during peak hours, thus leading to savings for the consumer. This work focuses on the economic viability of BESS from the point of view of the electricity customer. The analysis refers to a lithium-ion (Li-ion), an advanced lead-acid, a zinc-based, a sodium-sulphur (NaS) and a flow battery. The total investment and replacement costs are estimated in order to calculate the cumulated cash flow, …
Technical-economical evaluation for distributed storage applications. An Italian case study for a medium-scale public facility
2014
Time-of-use energy cost management involves the use of storage by customers to reduce their electricity bills. This can be accomplished by charging the storage during off-peak time periods, when electricity energy prices are low, and discharging it during times when on-peak energy prices are applied. This article addresses the question whether it is economically viable to install medium-scale distributed storage devices in the power system designed to lower the electricity cost for a customer-side application, assuming flexible electricity tariffs. The technical/economical evaluation is carried out referring to Lithium ion (Li-ion), Sodium Sulphur (NaS) and Vanadium Redox Battery (VRB) tech…
Battery storage systems for peak load shaving applications: Part 2: Economic feasibility and sensitivity analysis
2016
This paper is the second of a two-part series, aiming to evaluate the economic feasibility of electrochemical storage systems in peak load shaving applications. The battery energy storage system (BESS) is considered to be added to a private facility, with the aim of reducing the customer electricity bill. The BESS is charged during the night, when the electricity prices are the lowest and discharged during the daily hours, when the prices are the highest, contemporary achieving a leveling of the daily usage pattern. The economical evaluations are carried out considering four different electrochemical technologies: lithium-ion (li-ion), advanced lead-acid, sodium-sulphur (NaS) and flow batte…
Technical and economical assessment of distributed electrochemical storages for load shifting applications: An Italian case study
2016
Time-of-use (TOU) energy cost management involves the use of energy storage systems (ESSs) by customers to reduce their electricity bills. The ESS is charged during off-peak time periods, when electricity energy prices are low, and discharged during times when on-peak energy prices are applied. This article addresses the question whether it is economically viable to install medium-scale distributed ESSs designed to lower the electricity cost for a customer-side application, assuming flexible electricity tariffs. The technical/economical evaluation is carried out referring to lithium-ion (Li-ion), sodium sulfur (NaS) and vanadium redox battery (VRB) technologies, performing a parametric anal…