학술논문
Method for the comparative economic assessment of storage systems
Document Type
Conference
Author
Source
Conference: 13. intersociety energy conversion engineering conference, San Diego, CA, USA, 20 Aug 1978
Subject
Language
English
Abstract
A method for the comparative economic evaluation of various energy storage devices in a given application is described. The method is particularly useful in examining the economics of devices with short lifetimes and can be employed whenever a device lifetime can be expressed as a function of physical parameters which are related to the manner in which the device is used. Given a detailed description of the pattern of use of the device in the application, the device lifetime can be calculated. The economic consequences of changes in lifetime result from the dependence of the capital recovery factor on device lifetime. It is shown how analyses can be made of changes in technical performance characteristics or changes in the pattern of use of the storage device to determine their effects upon the annual cost of energy storage and to determine minimum cost systems.