Can a distributed energy storage system improve the economic performance?

In this paper, an economic benefit evaluation model of distributed energy storage system considering the custom power services is proposed to elevate the economic performance of distributed energy storage system on the commercial application and satisfying manifold custom power demands of different users.

Is distributed energy storage endorsed by the publisher?

Any product that may be evaluated in this article or claim that may be made by its manufacturer is not guaranteed or endorsed by the publisher. An economic benefit evaluation model of distributed energy storage considering multi-type custom power services is proposed in this paper.

What is a typical distributed energy storage system for research?

Lead-carbon battery, sodium-sulfur battery, lithium iron battery and vanadium redox battery are selected as typical distributed energy storage system for research. The specific costs and technical performance parameters are shown in Table 1. TABLE 1.

What is user-side distributed energy storage?

The user-side distributed energy storage will keep part of the stored power for self-use. At the same time, they will sell the remaining idle power to energy storage operators through the cloud energy storage service platform to earn additional revenue.

Do users participate in Energy Storage pricing?

Thirdly, research on the user-side is mainly limited to residential area users, while there is limited research on users who can configure energy storage devices themselves, such as industrial users, without considering the initiative of such users to participate in energy storage pricing.

What is user-side shared energy storage?

User-side shared energy storage is composed of interconnection and mutual benefit of adjacent energy storage devices in the same area, so the power loss in the power interaction process can be ignored 17.