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Title: Assigning value to energy storage systems at multiple points in an electrical grid

This article presents a taxonomy for assigning benefits to the services provided by energy storage systems (ESSs), defines approaches for monetizing the value associated with these services, assigns values to major ESS applications by region based on a review of an extensive set of literature, and summarizes and evaluates the capabilities of several tools currently used to estimate value for specific ESS deployments.
Authors:
 [1] ;  [1] ;  [1] ;  [1]
  1. Pacific Northwest National Laboratory, Richland, USA
Publication Date:
Grant/Contract Number:
AC05-76RL01830
Type:
Published Article
Journal Name:
Energy & Environmental Science
Additional Journal Information:
Journal Name: Energy & Environmental Science Journal Volume: 11 Journal Issue: 8; Journal ID: ISSN 1754-5692
Publisher:
Royal Society of Chemistry (RSC)
Sponsoring Org:
USDOE
Country of Publication:
United Kingdom
Language:
English
OSTI Identifier:
1440273

Balducci, Patrick J., Alam, M. Jan E., Hardy, Trevor D., and Wu, Di. Assigning value to energy storage systems at multiple points in an electrical grid. United Kingdom: N. p., Web. doi:10.1039/C8EE00569A.
Balducci, Patrick J., Alam, M. Jan E., Hardy, Trevor D., & Wu, Di. Assigning value to energy storage systems at multiple points in an electrical grid. United Kingdom. doi:10.1039/C8EE00569A.
Balducci, Patrick J., Alam, M. Jan E., Hardy, Trevor D., and Wu, Di. 2018. "Assigning value to energy storage systems at multiple points in an electrical grid". United Kingdom. doi:10.1039/C8EE00569A.
@article{osti_1440273,
title = {Assigning value to energy storage systems at multiple points in an electrical grid},
author = {Balducci, Patrick J. and Alam, M. Jan E. and Hardy, Trevor D. and Wu, Di},
abstractNote = {This article presents a taxonomy for assigning benefits to the services provided by energy storage systems (ESSs), defines approaches for monetizing the value associated with these services, assigns values to major ESS applications by region based on a review of an extensive set of literature, and summarizes and evaluates the capabilities of several tools currently used to estimate value for specific ESS deployments.},
doi = {10.1039/C8EE00569A},
journal = {Energy & Environmental Science},
number = 8,
volume = 11,
place = {United Kingdom},
year = {2018},
month = {1}
}