Calculation of Energy Storage Cost and Benefit Based on Units-of-production Method

Abstract

Since 2021, the state has successively issued a series of energy storage development policies. Among them, the guiding opinions on accelerating the development of new energy storage, and the notice on further promoting the participation of new energy storage in the power market and dispatching and utilization have defined the boundaries of the energy storage industry in terms of planning and construction, allocation scale, and income mode. The Henan provincial government issued relevant policies in combination with the actual situation, clarifying the direction for the development of energy storage in the province. In order to analyze the economy of electrochemical energy storage, we use units-of-production method to calculate energy storage cost and benefit.

Keywords

• electrochemical energy storage
• cost and benefit analysis
• units-of-production method