An integrated economic analysis of commercial thermal energy storage

Author

Comnes, G. Alan ; Kahn, Edward ; Pignone, Chris ; Warren, Mashuri

Author_Institution

Dept. of Appl. Sci., Lawrence Berkeley Lab., Lawrence, CA, USA

Volume

3

Issue

4

fYear

1988

fDate

11/1/1988 12:00:00 AM

Firstpage

1717

Lastpage

1722

Abstract

The authors demonstrate an integrated economic evaluation method involving several computer models. The example analysis estimates the consequences of a hypothetical demand-side load management program intended to promote the adoption of the emerging thermal energy storage (TES) technology for cooling in commercial buildings. The method consists of three parts: (1) simulation of the load shape effects of TES; (2) estimation of the corresponding utility production cost implications; and (3) a simple cost-benefit analysis of the program. The analysis shows that the program provides significant benefit to society, but, even without direct incentives, it fails the no-loser test

Keywords

digital simulation; economics; electricity supply industry; load management; thermal energy storage; commercial thermal energy storage; computer models; cooling; digital simulation; economic analysis; electricity supply industry; load management; utility production cost; Analytical models; Computational modeling; Cooling; Energy storage; Load management; Power generation economics; Production; Shape; Thermal loading; Thermal management;

fLanguage

English

Journal_Title

Power Systems, IEEE Transactions on

Publisher

ieee

ISSN

0885-8950

Type

jour

DOI

10.1109/59.192986

Filename

192986