• Initiative -
  • Type KAPSARC journal article
  • Date 26 November 2020
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Abstract

Electricity storage (ES) is a technology that can complement variable renewable generation in the widely sought low-carbon future. Given the several unique features of ES, it is important for utilities, investors, and regulators to understand how ES evaluation is conducted for effective deployment. Thus, this paper reviews how the literature associates a monetary value to ES technologies. It was found that evaluation has been done via the levelized cost of storage (LCOS) calculation, production-cost models, and market-based models.

https://doi.org/10.1016/j.est.2020.101872

Science Direct

Authors

Amro Elshurafa

Fellow Amro is an expert with over 20 years of experience in energy and technology garnered on three continents. His research… Amro is an expert with over 20 years of experience in energy and technology garnered on three continents. His research interests lie in renewable energy policy, power systems modeling, net-zero power, and hybrid microgrid design and optimization. He has led and executed several national modeling initiatives both at the distributed and utility scales. Some aspects of his research have been adopted by BP in creating their seminal annual statistical review. Amro is the author of 50+ papers and the inventor of several patents. He holds a Ph.D. in Electrical Engineering and an MBA in Finance.

Expertise

  • Renewable Energy Policy
  • Power Modeling
  • Net-Zero Power Sector
  • Hybrid Microgrid Design and Optimization

Publications See all Amro Elshurafa’s publications

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