Lifetime Degradation Cost Analysis for Li-Ion Batteries in Capacity Markets using Accurate Physics-Based Models

Lifetime Degradation Cost Analysis for Li-Ion Batteries in Capacity Markets using Accurate Physics-Based Models

Capacity markets (CM) are energy markets created to ensure energy supply security.<b> </b>Energy storage devices provide services in the CMs. Li-ion batteries are a popular type of energy storage device used in CMs.<b> </b>The battery lifetime is a key factor in determining t...

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Bibliographic Details
Main Authors: Ahmed Gailani, Maher Al-Greer, Michael Short, Tracey Crosbie, Nashwan Dawood
Format: Article
Language:English
Published: MDPI AG 2020-06-01
Series:Energies
Subjects:
capacity market
degradation cost
physics-based modelling
de-rating factors
Online Access:https://www.mdpi.com/1996-1073/13/11/2816

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