An Economic Assessment of Battery Storage in Electric Utility Systems

An Economic Assessment of Battery Storage in Electric Utility Systems

The commitment for future electric generating capacity constitutes a major business decision for utility companies. Consideration of a new or emerging technology can increase the uncertainties associated with this decision. Utilities considering battery systems based on an estimated installed cost s...

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Bibliographic Details
Published in:IEEE transactions on power apparatus and systems Vol. PAS-104; no. 12; pp. 3453 - 3459
Main Authors: Sobieski, D. W., Bhavaraju, M. P.
Format: Journal Article
Language:English
Published: New York, NY IEEE 01-12-1985
Institute of Electrical and Electronics Engineers
Subjects:
Applied sciences
Batteries
Companies
Costs
Electrical engineering. Electrical power engineering
Electrical power engineering
Energy storage
Environmental economics
Exact sciences and technology
Operation. Load control. Reliability
Power generation economics
Power industry
Power networks and lines
Power system economics
Power systems
System testing
Power system load
Regulation(control)
Secondary cell
Economic study
Electrical network
Energy storage
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Description
Summary:The commitment for future electric generating capacity constitutes a major business decision for utility companies. Consideration of a new or emerging technology can increase the uncertainties associated with this decision. Utilities considering battery systems based on an estimated installed cost should be aware of appropriate breakeven costs at which batteries would economically compete with conventional capacity alternatives.
ISSN:0018-9510
2995-6323
DOI:10.1109/TPAS.1985.318895