Open AccessASSESSMENT OF THE ECONOMIC EFFECT OF ENERGY STORAGE SYSTEM PROVIDING THE BAL-ANCING SERVICES IN THE IPS OF UKRAINE
Author(s) -
E. V. Parus,
AUTHOR_ID,
I. Yu. Blinov,
D.O. Olefir,
AUTHOR_ID,
AUTHOR_ID
Publication year - 2021
Publication title -
pracì ìnstitutu elektrodinamìki nacìonalʹnoï akademìï nauk ukraïni/pracì ìnstitutu elektrodìnamiki nacìonalʹnoï akademìï nauk ukraïni
Language(s) - English
Resource type - Journals
eISSN - 1727-9895
pISSN - 2786-7064
DOI - 10.15407/publishing2021.60.028
Subject(s) - energy storage , environmental economics , electricity , payback period , electricity system , service (business) , computer science , load shifting , reliability engineering , resource (disambiguation) , operations management , cost reduction , operations research , business , economics , microeconomics , engineering , electricity generation , electrical engineering , production (economics) , economy , computer network , power (physics) , physics , quantum mechanics , marketing
The article presents a simulation model for estimating the economic effect of the energy storage systems providing the balancing electricity to the Transmission System Operator in the balancing market segment. The model simulates the serial charge and discharge of storage (i.e., sequential provision of unloading and loading services). Peculiarities of considering the cost of purchase, installation, and maintenance of energy storage systems with reduction both to the guaranteed service life and the guaranteed resource of charge/discharge cycles are given. An example of the application of the simulation model for estimating the economic effect and payback period of energy storage systems in the provision of electricity balancing services in the balancing market segment is shown. Ref. 15.