Scientific energy storage investment

Should investors invest in energy storage technology?

For those who decide to invest, limited and declining revenue prospects could lead to competing strategies of energy storage investment and operation, where investors opt for technologies with specific technical attributes in the competitive market.

Is there a realistic investment decision framework for energy storage technology?

Therefore, in order to provide a more realistic investment decisions framework for energy storage technology, this study develops a sequential investment decision model based on real options theory, which can consider policy, technological innovation, and market uncertainties.

How to choose the best energy storage investment scheme?

By solving for the investment threshold and investment opportunity value under various uncertainties and different strategies, the optimal investment scheme can be obtained. Finally, to verify the validity of the model, it is applied to investment decisions for energy storage participation in China's peaking auxiliary service market.

Why should you invest in energy storage?

Investment in energy storage can enable them to meet the contracted amount of electricity more accurately and avoid penalties charged for deviations. Revenue streams are decisive to distinguish business models when one application applies to the same market role multiple times.

Can energy storage be a strategic investment under competition?

These market dynamics serve as a motivation for this study to understand strategic investments in energy storage under competition, taking into account storage impact on the market price. Our work uses energy arbitrage as a test case with the intent to explore additional services in the future.

Does China invest in energy storage technology?

Overall, this study is a further addition to the research system of investment in energy storage, which compensates for the deficiencies in existing studies. The Chinese government has implemented various policies to promote the investment and development of energy storage technology.