The Value of Storage in Electricity Generation: A Qualitative and Quantitative Review

Initiative Electricity Sector Transitions
Type Discussion paper
Date 26 November 2020

Abstract

Electricity storage technology has many useful applications in the energy sector and can complement variable renewable power generation to achieve a low-carbon future. For policymakers, utilities, and investors, effective decisions in this context require an understanding of how to determine the monetary value of storage.

Authors

Amro Elshurafa

Research Fellow Amro is a research fellow at KAPSARC, with nearly 20 years of experience in the fields of energy and technology… Amro is a research fellow at KAPSARC, with nearly 20 years of experience in the fields of energy and technology in three continents. His research interests lie in renewable energy policy, power systems modeling, and hybrid microgrid design and optimization. He has led and executed several national modeling initiatives both on the distributed and utility scale. Credited with 40+ papers and several patents, Amro holds a Ph.D. in electrical engineering and an MBA in finance.

Expertise