Journal
APPLIED ENERGY
Volume 188, Issue -, Pages 226-236Publisher
ELSEVIER SCI LTD
DOI: 10.1016/j.apenergy.2016.11.120
Keywords
Energy storage; Energy intemet; Cloud; Business model; Distributed energy storage; Sharing economy; Economies of scale
Categories
Funding
- Major International (Regional) Joint Research Project of National Science Foundation of China [51620105007]
- China Scholarship Council
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Energy storage is extensively recognized as a significant potential resource for balancing generation and load in future power systems. Although small residential and commercial consumers of electrical energy can now purchase energy storage systems, many factors, such as cost, policy and control efficiency, limit the spread of distributed energy storage (DES). This paper proposes a new type of DES cloud energy storage (CES) that is capable of providing energy storage services at a substantially lower cost. This grid based storage service enables ubiquitous and on-demand access to a shared pool of grid -scale energy storage resources. It provides users the ability to store and withdraw electrical energy to and from centralized batteries. This paper describes the concept of CES and the control and communication technologies that are required for its implementation and its operating mechanism, as well as its business model. Simulation results that are based on actual power system operating data demonstrate the feasibility and economic benefit of CES. (C) 2016 Elsevier Ltd. All rights reserved.
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