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http://dx.doi.org/10.5855/ENERGY.2015.24.3.074

Economic Feasibility of Energy Storage System connected with Solar /Wind Power Generation  

Lee, Yong Bong (Electronics and Telecommunications Research Institute)
Kim, Jeong Ho (Graduate School of Information & Communications, Hanbat National Univ.)
Publication Information
Journal of Energy Engineering / v.24, no.3, 2015 , pp. 74-81 More about this Journal
Abstract
Currently, the government is encouraging the introduction of energy storage system to reduce carbon emissions and peak power demand. The government is planning the cumulative capacity of ESS of 2GW in 2020. By utilizing charge and discharge of the ESS, it is possible to sell the surplus power to utility and electricity market. This paper suggests the model that economic feasibility of energy storage system for planning the construction of power generation facilities in 2035. Our results of simulation indicate the energy storage plan of utility for constructing renewable energy facilities is need to incentives from the government to encourage power utilities and expansion of ESS.
Keywords
Solar power generation; Wind power generation; Energy storage system; Economic feasibility; Renewable energy certification;
Citations & Related Records
Times Cited By KSCI : 2  (Citation Analysis)
연도 인용수 순위
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