Publication - 2018 U.S. Utility-Scale Photovoltaics-Plus-Energy Storage System Costs Benchmark

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Title

2018 U.S. Utility-Scale Photovoltaics-Plus-Energy Storage System Costs Benchmark

Publisher

National Laboratory of the U.S. Department of Energy (NREL)

Author

Ran Fu, Timothy Remo & Robert Margolis

Published in

November 2018

Abstract

The recent rapid growth of utility-scale photovoltaic (PV) deployment and the declining costs of energy storage technologies have stimulated interest in combining PV with energy storage to

provide dispatchable energy (i.e., energy on demand) and reliable capacity (i.e., grid stability). In particular, the use of lithium-ion batteries in U.S. utility-scale applications has grown in recent years owing to the technology’s favorable cost and performance characteristics.

This study is the authors' first time to use bottom-up modeling to benchmark the installed costs of various standalone lithium-ion storage (with storage connected to the grid only) and PV-plus

-storage (with storage connected to PV and the grid) system configurations.

URL

link to the document

Admin:
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