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    ARTICLE

    Analysis of System Value Evolution Trends of Energy Storage in Decarbonization Process

    Mo Zhou1, Jingming Zhao1, Zili Chen2,*, Qiushi Fang1, Hua Li1, Zhaoyuan Wu2

    Energy Engineering, Vol.121, No.10, pp. 3037-3053, 2024, DOI:10.32604/ee.2024.050842 - 11 September 2024

    Abstract With the continuous expansion of the scale of renewable energy installation, the demand for energy storage has increased significantly. However, there are significant differences in the value of energy storage in different scenarios, and the phenomenon of diminishing marginal benefits of energy storage is becoming more apparent. Therefore, the multi-dimensional value evolution trend of energy storage has become a key issue. This study selects indicators from three dimensions of energy storage: low-carbon emission reduction, smoothing wind and solar power fluctuations, and saving generation costs, quantifying the economic, environmental, and technical values of energy storage. This… More >

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