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Energy Storage for the Electricity Grid: Benefits and Market Potential Assessmen

Energy Storage for the Electricity Grid: Benefits and Market Potential Assessment Guide

Publication Date: March 2010
Publishing Organization: Sandia National Laboratories
Format: PDF
Keywords:

Demand Response,Policy,Distribution System,Transmission System,SGDP,Reliability,Guidance

Summary:

This guide describes a high-level, technology-neutral framework for assessing potential benefits from and economic market potential for energy storage used for electric-utility-related applications. The overarching theme addressed is the concept of combining applications/benefits into attractive value propositions that include use of energy storage, possibly including distributed and/or modular systems. Other topics addressed include: high-level estimates of application-specific lifecycle benefit (10 years) in $/kW and maximum market potential (10 years) in MW. Combined, these criteria indicate the economic potential (in $Millions) for a given energy storage application/benefit.