Abstract
In the current environment of China's vigorous development of energy storage, it is essential to carry out research on the benefits and economic evaluation of new energy storage. This paper establishes a framework for analyzing the revenue models of various types of energy storage under different scenarios. The framework complements the lack of previous studies on energy storage regulation under power generation systems such as wind power and coal power. In addition, a variety of scenarios were developed for the application of energy storage in the spot market, secondary service market, capacity market and user-side trading market. The results show that the case study energy storage plant has the highest revenue in the spot market, followed by the capacity market, and relatively low revenue in the secondary service market, while the leasing service can also bring a lot of revenue for the energy storage plant and thus become one of the more promising energy storage revenue models in the future.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
