Publication:
Economic Analysis of Battery Energy Storage Systems

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dc.contributor.authorWorld Bank
dc.date.accessioned2020-06-24T19:31:12Z
dc.date.available2020-06-24T19:31:12Z
dc.date.issued2020-05
dc.description.abstractThe recent advances in battery technology and reductions in battery costs have brought battery energy storage systems (BESS) to the point of becoming increasingly cost-effective projects to serve a range of power sector interventions, especially when combined with PV and where diesel is the alternative, or where subsidies or incentives are used. Quantifying the economic impact of BESS requires a high level of temporal granularity in the analysis, because the time-steps required for a reliable assessment of costs and benefits are much shorter than the usual annual time steps of many power sector investment projects. In short, there is as yet still limited experience in the economic and financial analysis of BESS investment projects particularly, in developing countries, and one cannot yet set out with clarity what constitutes best international practice. This report sets out the principles and practices of BESS economic analysis as required for the World Bank's appraisal of investment projects that cover the range of BESS projects likely to be encountered by the Bank over the next few years.en
dc.identifierhttp://documents.worldbank.org/curated/en/222731592289791721/Economic-Analysis-of-Battery-Energy-Storage-Systems
dc.identifier.doi10.1596/33971
dc.identifier.urihttps://hdl.handle.net/10986/33971
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectENERGY STORAGE
dc.subjectECONOMIC ANALYSIS
dc.subjectRENEWABLE ENERGY
dc.subjectWIND POWER
dc.subjectPHOTOVOLTAIC
dc.titleEconomic Analysis of Battery Energy Storage Systemsen
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleEconomic Analysis of Battery Energy Storage Systems
okr.date.disclosure2020-06-16
okr.doctypeEconomic & Sector Work
okr.doctypeEconomic & Sector Work::Energy Study
okr.docurlhttp://documents.worldbank.org/curated/en/222731592289791721/Economic-Analysis-of-Battery-Energy-Storage-Systems
okr.guid222731592289791721
okr.identifier.doi10.1596/33971
okr.identifier.externaldocumentum090224b087a5c861_1_0
okr.identifier.internaldocumentum32133572
okr.identifier.report149706
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/222731592289791721/pdf/Economic-Analysis-of-Battery-Energy-Storage-Systems.pdfen
okr.topicEnergy::Energy Policies & Economics
okr.topicEnergy::Energy Technology & Transmission
okr.topicEnergy::Renewable Energy
okr.topicEnergy::Solar Energy
okr.topicEnergy::Windpower
okr.unitEnergy and Extractives Global Practice
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