Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.enpol.2020.111938 |
A techno-economic assessment of battery business models in the UK electricity market | |
Jason Martins, John Miles | |
2020-11-25 | |
发表期刊 | Energy Policy
![]() |
出版年 | 2020 |
英文摘要 | The UK's transition to a zero-carbon economy is inevitably leading to an electricity grid with a high penetration of intermittent renewable energy generation, resulting in the need to install grid-scale energy storage systems at an accelerating rate. This study has taken the perspective of a business owner to assess the profitability of deploying battery technologies in the UK electricity market by analysing arbitrage in electricity markets, capacity market auctions, and ancillary services (frequency response and reserve). Additional work was conducted for integrating battery arbitrage cycling with solar and wind generation, comparing the utilisation of a linear programming model against a simplistic threshold cycling model. An overall economic assessment of value streams found that the lowest payback periods for premium ancillary services were 3.3 years (advanced lead-acid battery providing fast reserve) and 6.6 years (lithium-ion battery providing frequency response). Moreover, this research has demonstrated promising returns on investment for stacking short-term operating reserve with arbitrage in the balancing market. In the near future, battery systems will likely attain accelerated deployment due to reforms in ancillary service structures, cost reductions in battery technologies, greater price volatility in the balancing market, and effective policy incentives introduced by the UK government. |
领域 | 气候变化 |
URL | 查看原文 |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/304799 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | Jason Martins, John Miles. A techno-economic assessment of battery business models in the UK electricity market[J]. Energy Policy,2020. |
APA | Jason Martins, John Miles.(2020).A techno-economic assessment of battery business models in the UK electricity market.Energy Policy. |
MLA | Jason Martins, John Miles."A techno-economic assessment of battery business models in the UK electricity market".Energy Policy (2020). |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
查看访问统计 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Jason Martins, John Miles]的文章 |
百度学术 |
百度学术中相似的文章 |
[Jason Martins, John Miles]的文章 |
必应学术 |
必应学术中相似的文章 |
[Jason Martins, John Miles]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。
修改评论