Abstract:This paper presents a SWOT analysis of the impact of recent EU regulatory changes on the business case for energy storage (ES) using the UK as a case study. ES technologies (such as batteries) are key enablers for increasing the share of renewable energy generation and hence decarbonising the electricity system. As such, recent regulatory changes seek to improve the business case for ES technologies on national networks. These changes include removing double network charging for ES, defining and classifying ES… Show more
“…Despite these changes, energy storage is still defined as a generation device, which limits its revenue streams from demand-side services. Regulators are encouraging changes that coexist with the current market and regulatory structure, rather than creating an independent asset class for energy storage (Gailani et al, 2020).…”
Section: The Role Of Standards Regulations and Policy In Battery Tech...mentioning
This study provides a comprehensive review of next-generation battery technologies and their critical role in U.S. energy storage, particularly focusing on renewable energy integration and grid stability. The main objectives were to assess the current advancements in battery technology, evaluate their economic viability and environmental impacts, and understand the implications for stakeholders in renewable energy and grid management. Employing a systematic literature review and content analysis, the study analyzed data from peer-reviewed articles, industry reports, and government publications published between 2014 and 2024. Key findings indicate significant progress in battery efficiency, lifespan, and safety, primarily driven by innovations in lithium-ion and sodium-ion batteries. These advancements are pivotal in enhancing energy storage capabilities and facilitating the integration of renewable energy sources into the grid. However, challenges such as material scarcity, environmental concerns, and the need for improved recycling methods were identified. The study also highlights the importance of regulatory frameworks and policies in shaping the development and deployment of these technologies. Strategic recommendations for industry leaders and policymakers include focusing on sustainable material sourcing, investing in alternative battery chemistries, and implementing supportive regulatory frameworks. In conclusion, the study underscores the transformative potential of advanced battery technologies in achieving a sustainable energy future, suggesting future research directions in material development, battery chemistries, and integration with smart grid technologies.
“…Despite these changes, energy storage is still defined as a generation device, which limits its revenue streams from demand-side services. Regulators are encouraging changes that coexist with the current market and regulatory structure, rather than creating an independent asset class for energy storage (Gailani et al, 2020).…”
Section: The Role Of Standards Regulations and Policy In Battery Tech...mentioning
This study provides a comprehensive review of next-generation battery technologies and their critical role in U.S. energy storage, particularly focusing on renewable energy integration and grid stability. The main objectives were to assess the current advancements in battery technology, evaluate their economic viability and environmental impacts, and understand the implications for stakeholders in renewable energy and grid management. Employing a systematic literature review and content analysis, the study analyzed data from peer-reviewed articles, industry reports, and government publications published between 2014 and 2024. Key findings indicate significant progress in battery efficiency, lifespan, and safety, primarily driven by innovations in lithium-ion and sodium-ion batteries. These advancements are pivotal in enhancing energy storage capabilities and facilitating the integration of renewable energy sources into the grid. However, challenges such as material scarcity, environmental concerns, and the need for improved recycling methods were identified. The study also highlights the importance of regulatory frameworks and policies in shaping the development and deployment of these technologies. Strategic recommendations for industry leaders and policymakers include focusing on sustainable material sourcing, investing in alternative battery chemistries, and implementing supportive regulatory frameworks. In conclusion, the study underscores the transformative potential of advanced battery technologies in achieving a sustainable energy future, suggesting future research directions in material development, battery chemistries, and integration with smart grid technologies.
“…A redução de custos para armazenamento de energia (especialmente para as baterias) está associada com possibilidade de aprimoramento no uso de energias renováveis (da energia eólica e solar), onde essas tecnologias possam ajudar a atender a demanda conectando-se ao sistema elétrico, e dado a sua previsão de crescimento para o mercado de armazenamento em nível mundial (Figura 1), observa-se que as aplicações de sistemas de armazenamento de energia tende a tornar-se realidade em muitos países (BNEF, 2020). Desta forma, as capacidades de armazenamento de energia dessas tecnologias associadas aos seus respectivos custos de investimento e custos operacionais possibilitarão à realização de comparação das principais características para as análises e as escolhas corretas de uma determinada tecnologia, visando à inserção adequada destes dispositivos no sistema elétrico, de modo que se permita a realização de receitas possíveis (em suas diferentes aplicações) (GAILANI et al, 2020;WOODBANK, 2020).…”
Section: Referencial Tecnológico Econômico Regulatório E Socioambient...unclassified
Este trabalho objetiva apresentar uma proposta metodológica para realizar uma análise econômico-regulatória da inserção de um novo agente institucional no setor elétrico brasileiro (SEB), o agente de armazenamento de energia. Com novos paradigmas tecnológicos e novos arranjos econômico-regulatórios futuros decorrentes da aplicação de sistemas de armazenamento de energia (SAE) no SEB, os agentes de geração (G), de transmissão (T) e de distribuição (D) de energia elétrica serão modelados no Sistema Elétrico de Potência (SEP), em específico com aplicações de SAE a partir de sistemas eletroquímicos de baterias, para as simulações de modelagem baseada em agentes (ABM), com variáveis técnico-operacionais e econômico-regulatórias, em: a) cenário futuro 1, com gestão individualizada dos agentes GTD sobre os resultados com SAE segmentados no SEP; b) cenário futuro 2, com a inserção de um novo agente de armazenamento de energia elétrica (A) para a prestação de serviços com SAE, com gestão centralizada no SEP, em nova relação contratual com os demais agentes do SEB.
“…Desta forma, as capacidades de armazenamento de energia dessas tecnologias associadas aos seus respectivos custos de investimento e custos operacionais possibilitarão à realização de comparação das principais características para as análises e as escolhas corretas de uma determinada tecnologia, visando à inserção adequada destes dispositivos no sistema elétrico, de modo que se permita a realização de receitas possíveis (em suas diferentes aplicações) [20]- [21]. Fig.…”
Este trabalho objetiva apresentar uma proposta metodológica para realizar uma análise econômico-regulatória da inserção de um novo agente institucional no setor elétrico brasileiro (SEB), o agente de armazenamento de energia. Com novos paradigmas tecnológicos e arranjos econômico-regulatório futuros com sistemas de armazenamento de energia (SAEs) no SEB, os agentes de geração, transmissão e distribuição de energia elétrica serão modelados para as simulações de modelagem baseada em agentes (ABM), com variáveis técnico-operacionais e econômico-regulatórias, em: a) cenário futuro 1, com gestão individualizada sobre os resultados com SAEs segmentados; b) cenário futuro 2, com a inserção de um novo agente de armazenamento de energia elétrica para a prestação de serviços com SAEs, com gestão centralizada, em nova relação contratual com os demais agentes do SEB.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.