| Issue |
E3S Web Conf.
Volume 561, 2024
The 8th International Conference on Energy, Environment and Materials Science (EEMS 2024)
|
|
|---|---|---|
| Article Number | 01002 | |
| Number of page(s) | 5 | |
| Section | Energy System Simulation and Sustainable Development | |
| DOI | https://doi.org/10.1051/e3sconf/202456101002 | |
| Published online | 09 August 2024 | |
Evaluation of independent energy storage stations: A case study of the western Inner Mongolia region in China
National Energy Group Technology and Economics Research Institute, Beijing, 100011, China
* Corresponding author's e-mail: z1079740793@163.com
This study presents an economic evaluation of independent energy storage stations (IEES) in the Western Inner Mongolia power market. The study evaluates the profitability and investment return period of a hypothetical 100 MW/200 MWh energy storage station under the current spot market conditions. The results indicate that the IESS achieves an annual operating time of 668 hours, with a potential arbitrage income of 15.39 million CNY, leading to a static investment payback period of 10.81 years. The findings underscore the necessity for improved cost recovery mechanisms, such as capacity compensation, to make energy storage investments more viable in the face of current market constraints.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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