Ontology highlight
ABSTRACT:
SUBMITTER: Comello S
PROVIDER: S-EPMC6497676 | biostudies-literature | 2019 May
REPOSITORIES: biostudies-literature
Comello Stephen S Reichelstein Stefan S
Nature communications 20190502 1
Energy storage will be key to overcoming the intermittency and variability of renewable energy sources. Here, we propose a metric for the cost of energy storage and for identifying optimally sized storage systems. The levelized cost of energy storage is the minimum price per kWh that a potential investor requires in order to break even over the entire lifetime of the storage facility. We forecast the dynamics of this cost metric in the context of lithium-ion batteries and demonstrate its usefuln ...[more]