The role of short- and long-duration energy storage in reducing the cost of firm photovoltaic generation

• Published in: Applied energy Vol. 374; p. 123914
• Main Authors: Yang, Guoming, Yang, Dazhi, Liu, Bai, Zhang, Hao
• Format: Journal Article
• Language: English
• Published: Elsevier Ltd 15.11.2024
• Subjects: batteries; cost effectiveness; economic sustainability; energy; Firm power; fuel cells; hydrogen; Hydrogen system; Long-duration storage; Photovoltaic; Short-duration storage; solar energy; Hydrogen system; TMY; AC; DHI; PV; Long-duration storage; GHI; MPP; LCOE; Short-duration storage; Firm power; CMIP6; Photovoltaic; O&M; PBH; NSRDB; PHS; BNI; GTI; DC

Recent literature has confirmed the benefits of jointly optimizing and allocating various firm power enablers, such as photovoltaic (PV) overbuilding & proactive curtailment, geographical smoothing, or energy storage. These enablers facilitate the transformation of variable PV power into effecti...