Analysis and design of energy storage field competition pattern

How does the regulatory framework affect energy storage deployments?

The regulatory framework and economic structure of an electricity market determines the level of competition that exists at different levels of the electric power industry and is an important consideration when examining the potential for energy storage deployments.

What factors influence the business model of energy storage?

The factors that influence the business model include peak–valley price difference, frequency modulation ratio of the market, as well as the investment cost of energy storage, so this paper will discuss from the following perspectives.

What are energy storage capacity configuration schemes?

According to their characteristics, two energy storage capacity configuration schemes are set up, including local storage of surplus electricity and local balance of surplus electricity for Internet access.

Why do we need a large-scale development of electrochemical energy storage?

Additionally, with the large-scale development of electrochemical energy storage, all economies should prioritize the development of technologies such as recycling of end-of-life batteries, similar to Europe. Improper handling of almost all types of batteries can pose threats to the environment and public health .

Does energy storage configuration maximize total profits?

On this basis, an optimal energy storage configuration model that maximizes total profits was established, and financial evaluation methods were used to analyze the corresponding business models.

What are the challenges in energy storage?

There are also challenges in materials synthesis , battery safety , and other aspects that require more personnel and time to solve related problems. Overall, mechanical energy storage, electrochemical energy storage, and chemical energy storage have an earlier start, but the development situation is not the same.