Abstract
As the capital cost of battery energy storage systems (BESS) declines, opportunities for commercial buildings to achieve net savings through peak demand management and energy arbitrage are emerging. National Renewable Energy Laboratory researchers modeled energy storage project economics - with and without accompanying solar photovoltaic systems - using local utility rates, ASHRAE climate zones, and solar intensity data to identify regions where these systems deliver life cycle savings now and in future cost scenarios.
Original language | American English |
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Number of pages | 2 |
State | Published - 2020 |
NREL Publication Number
- NREL/FS-7A40-77112
Keywords
- battery energy storage systems
- distributed energy
- energy storage
- model
- modeling
- photovoltaics
- REopt Lite
- solar