Driving to the future of energy storage: Techno-economic analysis of a novel method to recondition second life electric vehicle batteries

2021 ◽  
Vol 295 ◽  
pp. 117007
Author(s):  
Noah Horesh ◽  
Casey Quinn ◽  
Hongjie Wang ◽  
Regan Zane ◽  
Mike Ferry ◽  
...  
Keyword(s):  
Energy Storage ◽  
Economic Analysis ◽  
Electric Vehicle ◽  
Second Life ◽  
The Future ◽  
Novel Method

scholarly journals Techno-Economic Evaluation of Energy Storage Systems Built from EV Batteries – Prospective Revenues in Different Stationary Applications

2018 ◽  
Vol 64 ◽  
pp. 03003 ◽  
Author(s):  
Nguyen Tam Thanh ◽  
Naumann Maik ◽  
Truong Cong Nam ◽  
Jossen Andreas
Keyword(s):  
Economic Evaluation ◽  
Energy Storage ◽  
Electric Vehicle ◽  
Second Life ◽  
Storage Systems ◽  
Frequency Regulation ◽  
Energy Storage Systems ◽  
Combined Operation ◽  
Operating Strategies ◽  
Battery Energy

Battery energy storage systems (BESSs) are already being deployed for several stationary applications in a technically and economically feasible way. This paper focuses on the revenues of industrial BESSs built from electric vehicle lithiumion batteries with varying states of health. For this analysis, a stationary BESS simulation model is used, that is parameterised with parameters of a 22-kWh automotive battery. The comprehensive model consists of several detailed sub-models, considering battery characteristics, ageing and operating strategies, which allow technical assessment through time series simulation. Therefore, capacity fade and energy losses are considered in this techno-economic evaluation. Potential economically feasible applications of new and second-life batteries, such as photovoltaic home storage, intraday trading and frequency regulation as well as their combined operation are compared. The investigation includes different electricity price scenarios. The combined operation, followed by frequency regulation, is found to have the highest economic viability for the specified electric vehicle battery.

Does energy storage provide a profitable second life for electric vehicle batteries?

2020 ◽  
Vol 92 ◽  
pp. 105010
Author(s):  
Wei Wu ◽  
Boqiang Lin ◽  
Chunping Xie ◽  
Robert J.R. Elliott ◽  
Jonathan Radcliffe
Keyword(s):  
Energy Storage ◽  
Electric Vehicle ◽  
Second Life

A Proof of Concept for the Application of Second-Life Electric Vehicle Batteries as A Stationary Energy Storage System

2021 ◽  
Author(s):  
Amir Fazeli ◽  
Martin Stadie ◽  
Manfred Kerner ◽  
Andre Burger ◽  
Hisashi Nagaoka ◽  
...  
Keyword(s):  
Energy Storage ◽  
Electric Vehicle ◽  
Second Life ◽  
Storage System ◽  
Energy Storage System ◽  
Proof Of Concept ◽  
Stationary Energy

Economic analysis of second use electric vehicle batteries for residential energy storage and load-levelling

Energy Policy ◽  
2014 ◽  
Vol 71 ◽  
pp. 22-30 ◽  
Author(s):  
Catherine Heymans ◽  
Sean B. Walker ◽  
Steven B. Young ◽  
Michael Fowler
Keyword(s):  
Energy Storage ◽  
Economic Analysis ◽  
Electric Vehicle ◽  
Residential Energy ◽  
Second Use

The economic analysis of rationality in the tradition of Harvey Leibenstein

2020 ◽  
pp. 21-38
Author(s):  
Ivan V. Rozmainsky ◽  
Yulia I. Pashentseva
Keyword(s):  
Economic Analysis ◽  
Real Life ◽  
Informal Institutions ◽  
External Information ◽  
Urban Residents ◽  
The Future ◽  
Information Constraints ◽  
High Degree ◽  
Market Capitalism

The paper is devoted to the economic analysis of rationality in the tradition of Harvey Leibenstein: the authors perceive rationality as “calculatedness” when making decisions, while the degree of this “calculatedness” is interpreted as a variable. Thus, this approach does not correspond to the generally accepted neoclassical interpretation of rationality, according to which rationality is both full and constant. The authors believe that such a neoclassical approach makes too stringent requirements for the abilities of people. In real life, people do not behave like calculating machines. The paper discusses various factors limiting the degree of rationality of individuals. One group of factors is associated with external information constraints such as the complexity and extensiveness of information, as well as the uncertainty of the future. Another group of factors is related to informal institutions. In particular, the paper states that the system of planned socialism contributes to less rationality than the system of market capitalism. Thus, in the post-socialist countries, including contemporary Russia, one should not expect a high degree of rationality of the behavior of economic entities. The paper mentions, in particular, the factors of rationality caused by informal institutions, such as the propensity to calculate, the propensity to be independent when making decisions and the propensity to set goals. The authors also believe that people who live on their own are usually more rational than people who share a common household with someone else. This assumption is verified econometrically based on data on young urban residents collected by the authors. It turned out that the behavior of people included in this database, in general, corresponds to what the authors believed.

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