Matches in SemOpenAlex for { <https://semopenalex.org/work/W2892208027> ?p ?o ?g. }
- W2892208027 endingPage "705" @default.
- W2892208027 startingPage "691" @default.
- W2892208027 abstract "The decarbonization of the electricity supply in isolated and remote energy systems is an open challenge in the transition to a sustainable energy system. In this paper, the possibility to increase the penetration of renewable energy sources for electricity generation on the island of Terceira (Azores) is investigated through the installation of a utility-scale energy storage facility. The electric power dispatch on the island is simulated through a unit commitment model of the fossil and renewable power plants that has the objective of minimizing the cost of electricity generation. Battery energy storage is employed to partially decouple production and supply, and to provide spinning reserve in case of sudden generator outage. Two technological options, namely lithium-ion and vanadium flow batteries, are compared in terms of net present value and return on investment, with the aim of supporting the decision-making process of the local utility. The economic evaluation takes also into account the degradation of the battery performance along the years. The results, obtained in a future-price scenario, show that both the technologies entail a positive investment performance. However, vanadium flow batteries have the best results, given that they can produce a net present value that exceeds 430% of the initial capital invested after 20 years, with a return on investment higher than 35%. In this scenario, the renewable share can reach up to 46%, compared to the current 26%." @default.
- W2892208027 created "2018-09-27" @default.
- W2892208027 creator A5000643922 @default.
- W2892208027 creator A5005241282 @default.
- W2892208027 creator A5051562803 @default.
- W2892208027 creator A5070118958 @default.
- W2892208027 date "2019-02-01" @default.
- W2892208027 modified "2023-10-18" @default.
- W2892208027 title "Techno-economic analysis of utility-scale energy storage in island settings" @default.
- W2892208027 cites W1964051967 @default.
- W2892208027 cites W1969364949 @default.
- W2892208027 cites W1976630314 @default.
- W2892208027 cites W1979363575 @default.
- W2892208027 cites W1993727656 @default.
- W2892208027 cites W2000110850 @default.
- W2892208027 cites W2002143069 @default.
- W2892208027 cites W2008426812 @default.
- W2892208027 cites W2018500348 @default.
- W2892208027 cites W2020818099 @default.
- W2892208027 cites W2025811319 @default.
- W2892208027 cites W2047143568 @default.
- W2892208027 cites W2063866856 @default.
- W2892208027 cites W2067437271 @default.
- W2892208027 cites W2084663232 @default.
- W2892208027 cites W2186166379 @default.
- W2892208027 cites W2191802622 @default.
- W2892208027 cites W2220719599 @default.
- W2892208027 cites W2225414588 @default.
- W2892208027 cites W2264015447 @default.
- W2892208027 cites W2282358361 @default.
- W2892208027 cites W2293994456 @default.
- W2892208027 cites W2336223670 @default.
- W2892208027 cites W2412125871 @default.
- W2892208027 cites W2461617884 @default.
- W2892208027 cites W2503976405 @default.
- W2892208027 cites W2516004396 @default.
- W2892208027 cites W2526790593 @default.
- W2892208027 cites W2554592161 @default.
- W2892208027 cites W2559646768 @default.
- W2892208027 cites W2562723469 @default.
- W2892208027 cites W2565063539 @default.
- W2892208027 cites W2583775881 @default.
- W2892208027 cites W2606980067 @default.
- W2892208027 cites W2724400357 @default.
- W2892208027 cites W2727165102 @default.
- W2892208027 cites W2728601659 @default.
- W2892208027 cites W2737175403 @default.
- W2892208027 cites W2738823964 @default.
- W2892208027 cites W2740767294 @default.
- W2892208027 cites W2744175552 @default.
- W2892208027 cites W2751296269 @default.
- W2892208027 cites W2767732949 @default.
- W2892208027 cites W2772469803 @default.
- W2892208027 cites W2779905056 @default.
- W2892208027 cites W2782288789 @default.
- W2892208027 cites W2800581364 @default.
- W2892208027 cites W2802471904 @default.
- W2892208027 cites W2802837072 @default.
- W2892208027 cites W2805939276 @default.
- W2892208027 cites W2808440991 @default.
- W2892208027 cites W2808759811 @default.
- W2892208027 cites W2892934215 @default.
- W2892208027 doi "https://doi.org/10.1016/j.est.2018.12.026" @default.
- W2892208027 hasPublicationYear "2019" @default.
- W2892208027 type Work @default.
- W2892208027 sameAs 2892208027 @default.
- W2892208027 citedByCount "25" @default.
- W2892208027 countsByYear W28922080272019 @default.
- W2892208027 countsByYear W28922080272020 @default.
- W2892208027 countsByYear W28922080272021 @default.
- W2892208027 countsByYear W28922080272022 @default.
- W2892208027 countsByYear W28922080272023 @default.
- W2892208027 crossrefType "journal-article" @default.
- W2892208027 hasAuthorship W2892208027A5000643922 @default.
- W2892208027 hasAuthorship W2892208027A5005241282 @default.
- W2892208027 hasAuthorship W2892208027A5051562803 @default.
- W2892208027 hasAuthorship W2892208027A5070118958 @default.
- W2892208027 hasConcept C10138342 @default.
- W2892208027 hasConcept C105795698 @default.
- W2892208027 hasConcept C119599485 @default.
- W2892208027 hasConcept C121332964 @default.
- W2892208027 hasConcept C127413603 @default.
- W2892208027 hasConcept C134560507 @default.
- W2892208027 hasConcept C144133560 @default.
- W2892208027 hasConcept C162324750 @default.
- W2892208027 hasConcept C163258240 @default.
- W2892208027 hasConcept C169549615 @default.
- W2892208027 hasConcept C175444787 @default.
- W2892208027 hasConcept C175605778 @default.
- W2892208027 hasConcept C181230689 @default.
- W2892208027 hasConcept C181622380 @default.
- W2892208027 hasConcept C183739832 @default.
- W2892208027 hasConcept C186370098 @default.
- W2892208027 hasConcept C188573790 @default.
- W2892208027 hasConcept C206658404 @default.
- W2892208027 hasConcept C2776190866 @default.
- W2892208027 hasConcept C2778348673 @default.
- W2892208027 hasConcept C33923547 @default.