Energy Storage Science and Technology ›› 2024, Vol. 13 ›› Issue (6): 2078-2088.doi: 10.19799/j.cnki.2095-4239.2024.0055

• Technical Economic Analysis of Energy Storage • Previous Articles     Next Articles

Economic benefit analysis of optimal allocation of energy storage in multiple application scenarios

Chu ZHANG1(), Dongcai CHEN1, Xiangping CHEN1(), Yongxiang CAI2   

  1. 1.School of Electrical Engineering, Guizhou University, Guiyang 550025, Guizhou, China
    2.Electric Power Research Institute, Guizhou Power Grid Co. , Ltd, Guiyang 550002, Guizhou, China
  • Received:2024-01-17 Revised:2024-02-27 Online:2024-06-28 Published:2024-06-26
  • Contact: Xiangping CHEN E-mail:604472571@qq.com;ee.xpchen@gzu.edu.cn

Abstract:

Energy storage technology provides an efficient way to relieve strain on power grids caused by the integration of large-scale renewable energy sources. It also addresses the challenges posed by the intermittent and unpredictable nature of power generation from wind and solar energies. This study examines the most efficient way to store energy in the photovoltaic power stations of the Beipanjiang River basin, considering their specific traits. To enhance the operation of photovoltaic systems in this region, a combination of electrochemical and hydrogen energy storage is utilized. The primary goal is to minimize the net present value cost of the energy storage system, with the capacity of the energy storage system and the maximum power for charging and discharging acting as constraints. The economic advantages of various energy storage devices are analyzed and optimized. Utilizing HOMER Pro software for operational analysis, optimal energy storage capacity configuration is determined. The economy is then divided into power generation side, power grid side, and financial leasing mode under multiple application scenarios based on the current price standards in Guizhou Province. This segmentation helps obtain economic benefits and revenue models under each application mode. This approach provides a practical solution for energy storage configurations in photovoltaic power stations in the region, offering significant value.

Key words: energy storage technology, electrochemical energy storage, hydrogen energy storage, capacity configuration, multiple application scenarios

CLC Number: