Article ID Journal Published Year Pages File Type
1550921 Solar Energy 2012 11 Pages PDF
Abstract

In this paper we perform a cost analysis of different types of energy storage technologies. We evaluate eleven storage technologies, including lead-acid, sodium–sulfur, nickel–cadmium, and lithium-ion batteries, superconducting magnetic energy storage, electrochemical capacitors, flywheels, flow batteries, pumped hydro and compressed air energy storage systems. We perform economic analysis for key applications associated with a wind farm integrated into the electric grid, including load shifting, frequency support, and power quality. We identify the key characteristics that affect the economic viability for these technologies, perform sensitivity analyses based on key performance criteria and find improvement areas that could make them more competitive in the near future.

► Challenge to integrate wind and solar into the grid at a large scale. ► Identified key applications in relation to wind integration. ► Performed comparative economic analysis of various storage technologies. ► Identified factors that impact selection of suitable storage on a utility-scale.

Related Topics
Physical Sciences and Engineering Energy Renewable Energy, Sustainability and the Environment
Authors
, ,