A variety of research papers on the topic of multitasking or multi-use of battery storage systems (BSS) exists. This thesis paper presents a structured literature review in this field of research by categorizing and analyzing the existing literature in this field. The main contributions are: (1) a high level overview of the reviewed research, including the structuring into predefined dimensions, and (2) a qualitative analysis of the most relevant clusters for this thesis, namely household energy storage and community energy storage.
This review structures the literature by six different dimensions: (1) the location of the studied BSS and its connection to the grid, (2) the battery technology in use, (3) the size of the deployed BSS, (4) the renewable energy sources used together with the BSS, (5) the method introduced in the study, and (6) the revenue streams that are considered within the study.
The review shows that in residential contexts, self-consumption accompanied by demand-side-management is the most proposed use case scenario to increase profitability of BSSs. Further applications that stand out are to provide balancing or ancillary services to system operators, but these require an aggregation of smaller BSSs to one larger entity. The reviewed results suggest that the combination of at least two of these applications significantly improves BSS profitability. However, forecasting techniques for renewable energy source production profiles, electricity demand, or market prices and battery degradation models are often disregarded by the authors in the reviewed literature.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Overview and Defining Dimensions
- Location
- Technology
- Battery Size
- RES
- Method
- Revenue Streams
- Methodology
- Included Studies
- Initial Literature pool
- Design of a Search String and Evaluation of Relevant Databases
- Manual Filtering
- Backward and Forward Search
- The current landscape of multi-tasking literature: A high level overview
- Qualitative Analysis of HES and CES
- HES
- Operator
- Services and Revenue Streams
- Method
- Forecasting
- Battery Degradation
- CES
- Operator
- Services and Revenue Streams
- Method
- Forecasting
- Battery Degradation
- HES
- Conclusion & Outlook
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This Bachelor's thesis examines business models for battery storage systems on multidimensional markets. The study aims to provide a structured literature review, analyzing various aspects of these systems, including location, technology, size, renewable energy sources (RES), methods, and revenue streams.
- Analysis of different business models for battery storage systems
- Identification of key factors influencing the success of battery storage systems on multidimensional markets
- Exploration of various revenue streams and service offerings associated with battery storage
- Comparative analysis of different types of battery storage systems, including home energy storage (HES) and commercial energy storage (CES)
- Discussion of potential challenges and opportunities related to battery storage in the future.
Zusammenfassung der Kapitel (Chapter Summaries)
The thesis begins with an introduction to the topic of battery storage systems and their importance in the context of renewable energy integration. Chapter 2 delves into the various dimensions of battery storage, defining key concepts like location, technology, battery size, RES, method, and revenue streams. Chapter 3 outlines the methodology employed in the literature review, detailing the search process, inclusion criteria, and manual filtering techniques used. Chapter 4 provides a high-level overview of the current landscape of multi-tasking literature on battery storage systems. Chapter 5 focuses on a qualitative analysis of HES and CES, examining key aspects like operator characteristics, services and revenue streams, methodologies employed, forecasting approaches, and battery degradation considerations.
Schlüsselwörter (Keywords)
Battery storage systems, business models, multidimensional markets, renewable energy integration, home energy storage (HES), commercial energy storage (CES), revenue streams, service offerings, qualitative analysis, literature review.
- Quote paper
- Hannes Röckel (Author), 2021, Business Models for Battery Storage Systems on Multidimensional Markets. A Structured Literature Review, Munich, GRIN Verlag, https://www.grin.com/document/1372861
