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Characteristics of the Parameters of Lithium Iron Phosphate Energy Storage in the Context of their Usefulness in the Management of Distribution Grid

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  • Marcin Kopiczko
  • Jaroslaw Jaworski

Abstract

Purpose: The article presents the results of research on lithium iron phosphate energy stor-age. The subject of the study was to gain knowledge about the potential benefits of using this type of storage for storing energy from distributed sources. The goal was achieved, among other things, by estimating the efficiency, calculating the capacity and investment /operating costs of the tested technology. Design/Methodology/Approach: During the research, the following work was carried out: Comparative analysis of technical parameters, literature research, desk research. Findings: The research results showed possible positive effects of the use of lithium iron phosphate energy storage in micro-source systems due to the low internal resistance. The authors also emphasize the twice longer service life of the tested solution about acid batter-ies, which is particularly important in high investment costs. Practical implications: The dynamic development of distributed generation determines the growing interest in energy storage technologies. These solutions are tested in terms of the possibility of using them to stabilize the operation of power grids and the absorption of surplus energy. The storage technology described in this article is one of the few most prom-ising for large-scale use. Distribution system operators can use the test results. Originality/Value: The survey attempts to fill a gap in the literature on the subject. The study provides practical answers about the characteristics of the described solution and the costs of its use. The results may encourage the use of this technology by companies from the energy sector as one of the solutions supporting the energy transition.

Suggested Citation

  • Marcin Kopiczko & Jaroslaw Jaworski, 2021. "Characteristics of the Parameters of Lithium Iron Phosphate Energy Storage in the Context of their Usefulness in the Management of Distribution Grid," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 817-826.
    • Handle: RePEc:ers:journl:v:xxiv:y:2021:i:3b:p:817-826
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    More about this item

    Keywords

    LiFePO4; energy storage; distributed generation; power engineering.;
    All these keywords.

    JEL classification:

    • L80 - Industrial Organization - - Industry Studies: Services - - - General
    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • P42 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Productive Enterprises; Factor and Product Markets; Prices
    • Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply; Prices
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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