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Breakeven costs of storage in optimized solar energy systems

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  • Leigh, Richard W.

Abstract

This paper describes the results of an analysis of the breakeven cost, or value, of energy storage to solar energy systems. The value of storage depends strongly both on the solar fraction of the solar energy system in which the storage is employed and on the cost of the collectors used in the system. Various strategies for dealing with this ambiguity are presented. For a broad class of technically and economically practical solar energy systems, storage costs need only be low enough to make a system employing very small amounts of storage practical. Reductions in the cost of collectors will thereafter produce greater reductions in the total system costs or provide greater fuel displacement at constant total system cost than will reductions in the cost of storage, within the limits discussed in the body of the paper. The analysis makes use of a simple, accurate representation of solar energy system performance which may prove useful in other contexts.

Suggested Citation

  • Leigh, Richard W., 1982. "Breakeven costs of storage in optimized solar energy systems," Energy, Elsevier, vol. 7(8), pages 689-703.
    • Handle: RePEc:eee:energy:v:7:y:1982:i:8:p:689-703
    DOI: 10.1016/0360-5442(82)90005-6
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