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This study is the first to explore the benefits of utilising STORES as a primary storage medium to support 100% renewable electricity futures in Southeast Asia. STORES can facilitate high penetration of variable solar and wind energy in electricity systems through energy time shifting and load levelling.
Within all the scenarios, the duration of storage is in the range of 0–38 h, which means hours or days of short-term energy storage are required in Southeast Asia rather than weeks or months of long-term, seasonal energy storage.
Rapid increases in electricity consumption in Southeast Asia caused by rising living standards and population raise concerns about energy security, affordability and environmental sustainability. In this study, the role of short-term off-river energy storage (STORES) in supporting 100% renewable electricity in Southeast Asia is investigated.
Consequently, the integration of wind energy can substantially reduce the reliance on energy storage to stabilise the electricity systems when solar energy is not sufficient. However, compared with solar energy, the seasonal variability in wind energy in Southeast Asia is large.
Therefore, around the production, transmission and consumption process of photovoltaic power generation, a Photovoltaics energy storage system (PVESS) containing photovoltaic power generation subsystem and energy storage subsystem, and energy utilization subsystem is formed.
Although hybrid PV energy storage systems have been studied and their optimization has been explored. However, with the goal of value co-creation of PVESS and reduction of abandoned photovoltaics, there are few researches on collaborative management and collaborative decision model construction.
Firstly, a value co-creation analysis framework for promoting capacity allocation of PVESS under the Energy Internet is analyzed. Secondly, the basic model of hybrid energy storage system (HESS) combining battery energy storage system (BESS) and superconducting magnetic energy storage system (SMES) is constructed.
The collaborative management of the subsystems is the key path to value co-creation of the PVESS. Energy storage technology can improve the stability of the electricity supply and is an important way to achieve the consumption of photovoltaic resources.
A battery energy storage system (BESS), battery storage power station, battery energy grid storage (BEGS) or battery grid storage is a type of energy storage technology that uses a group of batteries in the grid to store electrical energy.
Lead-acid batteries, as a first-generation technology, are generally used in older BESS systems. Some examples are 1.6 MW peak, 1.0 MW continuous battery was commissioned in 1997. Compared to modern rechargeable batteries, lead-acid batteries have relatively low energy density.
Since 2010, more and more utility-scale battery storage plants rely on lithium-ion batteries, as a result of the fast decrease in the cost of this technology, caused by the electric automotive industry. Lithium-ion batteries are mainly used. A 4-hour flow vanadium redox battery at 175 MW / 700 MWh opened in 2024.
Battery storage power plants and uninterruptible power supplies (UPS) are comparable in technology and function. However, battery storage power plants are larger. For safety and security, the actual batteries are housed in their own structures, like warehouses or containers.
Solar energy, especially through photovoltaic systems, is a widespread and eco-friendly renewable source. Integrating life cycle cost analysis (LCCA) optimizes economic, environmental, and performance aspects for a sustainable approach. Despite growing interest, literature lacks a comprehensive review on LCCA implementation in photovoltaic systems.
Cost–benefit has always been regarded as one of the vital factors for motivating PV-BESS integrated energy systems investment. Therefore, given the integrity of the project lifetime, an optimization model for evaluating sizing, operation simulation, and cost–benefit into the PV-BESS integrated energy systems is proposed.
The cost–benefit analysis reveals the cost superiority of PV-BESS investment compared with the pure utility grid supply. In addition, the operation simulation of the PV-BESS integrated energy system is carried out showing that how the energy arbitrage is realized.
From the investors’ point of view, the cost–benefit analysis for the PV-BESS project is accomplished in consideration of the whole project lifecycle, proving the cost superiority of PV and BESS investment. At last, sensitivity analysis of PV and BESS optimal allocation is conducted to ideally balance the PV and BESS sizes for investment.
