REVIEW
Analyze the Effects of COVID-19 on Energy Storage Systems: A Techno-Economic Approach
Not yet reviewed by Pith; the record is open.
This paper has not been read by Pith yet. Machine review is queued; the pith claim, tier, and objections will appear here once it completes.
SPECIMEN: schema-true, not a live event
T0 review · schema-true
One-sentence machine reading of the paper's core claim.
pith:XXXXXXXX · record.json · timestamp
Analyze the Effects of COVID-19 on Energy Storage Systems: A Techno-Economic Approach
read the original abstract
During the COVID-19 pandemic, the U.S. power sector witnessed remarkable electricity demand changes in many geographical regions. these changes were evident in population-dense cities. This paper incorporates a techno-economic analysis of energy storage systems to investigate the pandemic's influence on ESS development, In particular, we employ a linear program-based revenue maximization model to capture the revenues of ESS from participating in the electricity market, by performing arbitrage on energy trading, and regulation market, by providing regulation services to stabilize the grid's frequency. We consider five dominant energy storage technologies in the U.S., namely, Lithium-ion, Advanced Lead Acid, Flywheel, Vanadium Redox Flow, and Lithium-Iron Phosphate storage technologies. Extensive numerical results conducted on the case of New York City allow us to highlight the negative impact that COVID-19 had on the NYC power sector.
discussion (0)
Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.