DocumentCode
1080656
Title
Analysis of the Cost per Kilowatt Hour to Store Electricity
Author
Poonpun, Piyasak ; Jewell, Ward T.
Author_Institution
Wichita State Univ., Wichita, KS
Volume
23
Issue
2
fYear
2008
fDate
6/1/2008 12:00:00 AM
Firstpage
529
Lastpage
534
Abstract
This paper presents a cost analysis of grid-connected electric energy storage. Various energy storage technologies are considered in the analysis. Life-cycle cost analysis is used. The results are presented in terms of the cost added to electricity stored and discharged, in US dollar per kilowatt hour. Results are compared with wholesale and retail electricity costs and with the cost of conventional pumped hydro storage.
Keywords
energy storage; life cycle costing; power grids; power system economics; cost per kilowatt hour; grid-connected electric energy storage; life-cycle cost analysis; retail electricity costs; store electricity; Batteries; economic analysis; energy storage; flywheels;
fLanguage
English
Journal_Title
Energy Conversion, IEEE Transactions on
Publisher
ieee
ISSN
0885-8969
Type
jour
DOI
10.1109/TEC.2007.914157
Filename
4456517
Link To Document