IDEAS home Printed from https://ideas.repec.org/a/gam/jcltec/v4y2022i2p29-501d829815.html
   My bibliography  Save this article

Review of Latest Advances and Prospects of Energy Storage Systems: Considering Economic, Reliability, Sizing, and Environmental Impacts Approach

Author

Listed:
  • Mohammadali Kiehbadroudinezhad

    (Division of Engineering, Saint Mary’s University, Halifax, NS B3H 3C3, Canada)

  • Adel Merabet

    (Division of Engineering, Saint Mary’s University, Halifax, NS B3H 3C3, Canada)

  • Homa Hosseinzadeh-Bandbafha

    (Department of Mechanical Engineering of Agricultural Machinery, University of Tehran, Karaj 3158777871, Iran)

Abstract

Studies have shown that the role of energy storage systems in human life is increasing day by day. Therefore, this research aims to study the latest progress and technologies used to produce energy storage systems. It also discusses and compares the most recent methods used by researchers to model and optimize the size of these tools and evaluates the strengths and weaknesses of each. Investigations have shown that using energy storage systems in hybrid stand-alone power generation systems based on renewable energy increases the reliability of the power generation systems and increases their efficiency. It has also reduced the cost of transmitting the power grid to remote areas. Furthermore, this study showed that advances in energy storage technology in recent years have led to the development and promotion of clean microgrids. In addition, this review paper also addresses energy storage technology issues and proposes practical and applied solutions.

Suggested Citation

  • Mohammadali Kiehbadroudinezhad & Adel Merabet & Homa Hosseinzadeh-Bandbafha, 2022. "Review of Latest Advances and Prospects of Energy Storage Systems: Considering Economic, Reliability, Sizing, and Environmental Impacts Approach," Clean Technol., MDPI, vol. 4(2), pages 1-25, June.
    • Handle: RePEc:gam:jcltec:v:4:y:2022:i:2:p:29-501:d:829815
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2571-8797/4/2/29/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2571-8797/4/2/29/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Moura, Pedro S. & de Almeida, Aníbal T., 2010. "Multi-objective optimization of a mixed renewable system with demand-side management," Renewable and Sustainable Energy Reviews, Elsevier, vol. 14(5), pages 1461-1468, June.
    2. Zhou, Wei & Lou, Chengzhi & Li, Zhongshi & Lu, Lin & Yang, Hongxing, 2010. "Current status of research on optimum sizing of stand-alone hybrid solar-wind power generation systems," Applied Energy, Elsevier, vol. 87(2), pages 380-389, February.
    3. Lujano-Rojas, Juan M. & Dufo-López, Rodolfo & Bernal-Agustín, José L., 2013. "Probabilistic modelling and analysis of stand-alone hybrid power systems," Energy, Elsevier, vol. 63(C), pages 19-27.
    4. Yang, H.X. & Lu, L. & Burnett, J., 2003. "Weather data and probability analysis of hybrid photovoltaic–wind power generation systems in Hong Kong," Renewable Energy, Elsevier, vol. 28(11), pages 1813-1824.
    5. Eryilmaz, Serkan & Bulanık, İrem & Devrim, Yilser, 2021. "Reliability based modeling of hybrid solar/wind power system for long term performance assessment," Reliability Engineering and System Safety, Elsevier, vol. 209(C).
    6. Belmili, Hocine & Haddadi, Mourad & Bacha, Seddik & Almi, Mohamed Fayçal & Bendib, Boualem, 2014. "Sizing stand-alone photovoltaic–wind hybrid system: Techno-economic analysis and optimization," Renewable and Sustainable Energy Reviews, Elsevier, vol. 30(C), pages 821-832.
    7. Mohammadali Kiehbadroudinezhad & Adel Merabet & Homa Hosseinzadeh-Bandbafha, 2021. "Optimization of Wind Energy Battery Storage Microgrid by Division Algorithm Considering Cumulative Exergy Demand for Power-Water Cogeneration," Energies, MDPI, vol. 14(13), pages 1-20, June.
    8. Diaf, S. & Belhamel, M. & Haddadi, M. & Louche, A., 2008. "Technical and economic assessment of hybrid photovoltaic/wind system with battery storage in Corsica island," Energy Policy, Elsevier, vol. 36(2), pages 743-754, February.
    9. Mahani, Khashayar & Farzan, Farbod & Jafari, Mohsen A., 2017. "Network-aware approach for energy storage planning and control in the network with high penetration of renewables," Applied Energy, Elsevier, vol. 195(C), pages 974-990.
    10. Bennett, Christopher J. & Stewart, Rodney A. & Lu, Jun Wei, 2015. "Development of a three-phase battery energy storage scheduling and operation system for low voltage distribution networks," Applied Energy, Elsevier, vol. 146(C), pages 122-134.
    11. Paliwal, Priyanka & Patidar, N.P. & Nema, R.K., 2014. "Determination of reliability constrained optimal resource mix for an autonomous hybrid power system using Particle Swarm Optimization," Renewable Energy, Elsevier, vol. 63(C), pages 194-204.
    12. Zhang, Xiongwen & Tan, Siew-Chong & Li, Guojun & Li, Jun & Feng, Zhenping, 2013. "Components sizing of hybrid energy systems via the optimization of power dispatch simulations," Energy, Elsevier, vol. 52(C), pages 165-172.
    13. Ippolito, M.G. & Di Silvestre, M.L. & Riva Sanseverino, E. & Zizzo, G. & Graditi, G., 2014. "Multi-objective optimized management of electrical energy storage systems in an islanded network with renewable energy sources under different design scenarios," Energy, Elsevier, vol. 64(C), pages 648-662.
    14. Di Silvestre, Maria Luisa & Favuzza, Salvatore & Riva Sanseverino, Eleonora & Zizzo, Gaetano, 2018. "How Decarbonization, Digitalization and Decentralization are changing key power infrastructures," Renewable and Sustainable Energy Reviews, Elsevier, vol. 93(C), pages 483-498.
    15. Ioan Sarbu & Calin Sebarchievici, 2018. "A Comprehensive Review of Thermal Energy Storage," Sustainability, MDPI, vol. 10(1), pages 1-32, January.
    16. Manzoni, Matteo & Patti, Alberto & Maccarini, Simone & Traverso, Alberto, 2022. "Analysis and comparison of innovative large scale thermo-mechanical closed cycle energy storages," Energy, Elsevier, vol. 249(C).
    17. Dalton, G.J. & Lockington, D.A. & Baldock, T.E., 2009. "Feasibility analysis of renewable energy supply options for a grid-connected large hotel," Renewable Energy, Elsevier, vol. 34(4), pages 955-964.
    18. Bernal-Agustín, José L. & Dufo-López, Rodolfo & Rivas-Ascaso, David M., 2006. "Design of isolated hybrid systems minimizing costs and pollutant emissions," Renewable Energy, Elsevier, vol. 31(14), pages 2227-2244.
    19. Weis, Timothy M. & Ilinca, Adrian, 2008. "The utility of energy storage to improve the economics of wind–diesel power plants in Canada," Renewable Energy, Elsevier, vol. 33(7), pages 1544-1557.
    20. Dalton, G.J. & Lockington, D.A. & Baldock, T.E., 2009. "Case study feasibility analysis of renewable energy supply options for small to medium-sized tourist accommodations," Renewable Energy, Elsevier, vol. 34(4), pages 1134-1144.
    21. Kumar Nandi, Sanjoy & Ranjan Ghosh, Himangshu, 2010. "Techno-economical analysis of off-grid hybrid systems at Kutubdia Island, Bangladesh," Energy Policy, Elsevier, vol. 38(2), pages 976-980, February.
    22. Panwar, N.L. & Kaushik, S.C. & Kothari, Surendra, 2011. "Role of renewable energy sources in environmental protection: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(3), pages 1513-1524, April.
    23. Abbes, Dhaker & Martinez, André & Champenois, Gérard, 2014. "Life cycle cost, embodied energy and loss of power supply probability for the optimal design of hybrid power systems," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 98(C), pages 46-62.
    24. Ramos, J.S. & Ramos, H.M., 2009. "Sustainable application of renewable sources in water pumping systems: Optimized energy system configuration," Energy Policy, Elsevier, vol. 37(2), pages 633-643, February.
    25. Alzola, J.A. & Vechiu, I. & Camblong, H. & Santos, M. & Sall, M. & Sow, G., 2009. "Microgrids project, Part 2: Design of an electrification kit with high content of renewable energy sources in Senegal," Renewable Energy, Elsevier, vol. 34(10), pages 2151-2159.
    26. Himri, Y. & Boudghene Stambouli, A. & Draoui, B. & Himri, S., 2008. "Techno-economical study of hybrid power system for a remote village in Algeria," Energy, Elsevier, vol. 33(7), pages 1128-1136.
    27. Zhang, Wei & Yang, Jiakuan & Wu, Xu & Hu, Yuchen & Yu, Wenhao & Wang, Junxiong & Dong, Jinxin & Li, Mingyang & Liang, Sha & Hu, Jingping & Kumar, R. Vasant, 2016. "A critical review on secondary lead recycling technology and its prospect," Renewable and Sustainable Energy Reviews, Elsevier, vol. 61(C), pages 108-122.
    28. Motalleb, Mahdi & Reihani, Ehsan & Ghorbani, Reza, 2016. "Optimal placement and sizing of the storage supporting transmission and distribution networks," Renewable Energy, Elsevier, vol. 94(C), pages 651-659.
    29. Lyons, P.F. & Wade, N.S. & Jiang, T. & Taylor, P.C. & Hashiesh, F. & Michel, M. & Miller, D., 2015. "Design and analysis of electrical energy storage demonstration projects on UK distribution networks," Applied Energy, Elsevier, vol. 137(C), pages 677-691.
    30. Yang, Hongxing & Wei, Zhou & Chengzhi, Lou, 2009. "Optimal design and techno-economic analysis of a hybrid solar-wind power generation system," Applied Energy, Elsevier, vol. 86(2), pages 163-169, February.
    31. Grover-Silva, Etta & Girard, Robin & Kariniotakis, George, 2018. "Optimal sizing and placement of distribution grid connected battery systems through an SOCP optimal power flow algorithm," Applied Energy, Elsevier, vol. 219(C), pages 385-393.
    32. Bakos, G. C. & Soursos, M., 2002. "Techno-economic assessment of a stand-alone PV/hybrid installation for low-cost electrification of a tourist resort in Greece," Applied Energy, Elsevier, vol. 73(2), pages 183-193, October.
    33. Sharpton, Tara & Lawrence, Thomas & Hall, Margeret, 2020. "Drivers and barriers to public acceptance of future energy sources and grid expansion in the United States," Renewable and Sustainable Energy Reviews, Elsevier, vol. 126(C).
    34. Mohammadali Kiehbadroudinezhad & Adel Merabet & Ahmed G. Abo-Khalil & Tareq Salameh & Chaouki Ghenai, 2022. "Intelligent and Optimized Microgrids for Future Supply Power from Renewable Energy Resources: A Review," Energies, MDPI, vol. 15(9), pages 1-21, May.
    35. Li, Chun-Hua & Zhu, Xin-Jian & Cao, Guang-Yi & Sui, Sheng & Hu, Ming-Ruo, 2009. "Dynamic modeling and sizing optimization of stand-alone photovoltaic power systems using hybrid energy storage technology," Renewable Energy, Elsevier, vol. 34(3), pages 815-826.
    36. Gupta, Ajai & Saini, R.P. & Sharma, M.P., 2010. "Steady-state modelling of hybrid energy system for off grid electrification of cluster of villages," Renewable Energy, Elsevier, vol. 35(2), pages 520-535.
    37. Kaldellis, J.K. & Zafirakis, D. & Kondili, E., 2009. "Optimum autonomous stand-alone photovoltaic system design on the basis of energy pay-back analysis," Energy, Elsevier, vol. 34(9), pages 1187-1198.
    38. Shaahid, S.M. & El-Amin, I., 2009. "Techno-economic evaluation of off-grid hybrid photovoltaic-diesel-battery power systems for rural electrification in Saudi Arabia--A way forward for sustainable development," Renewable and Sustainable Energy Reviews, Elsevier, vol. 13(3), pages 625-633, April.
    39. Mathy, Sandrine & Menanteau, Philippe & Criqui, Patrick, 2018. "After the Paris Agreement: Measuring the Global Decarbonization Wedges From National Energy Scenarios," Ecological Economics, Elsevier, vol. 150(C), pages 273-289.
    40. Tonglin Fu & Chen Wang, 2018. "A Hybrid Wind Speed Forecasting Method and Wind Energy Resource Analysis Based on a Swarm Intelligence Optimization Algorithm and an Artificial Intelligence Model," Sustainability, MDPI, vol. 10(11), pages 1-24, October.
    41. Sebastián, R. & Peña Alzola, R., 2012. "Flywheel energy storage systems: Review and simulation for an isolated wind power system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(9), pages 6803-6813.
    42. Nandi, Sanjoy Kumar & Ghosh, Himangshu Ranjan, 2009. "A wind-PV-battery hybrid power system at Sitakunda in Bangladesh," Energy Policy, Elsevier, vol. 37(9), pages 3659-3664, September.
    43. Camblong, H. & Sarr, J. & Niang, A.T. & Curea, O. & Alzola, J.A. & Sylla, E.H. & Santos, M., 2009. "Micro-grids project, Part 1: Analysis of rural electrification with high content of renewable energy sources in Senegal," Renewable Energy, Elsevier, vol. 34(10), pages 2141-2150.
    44. Nfah, E.M. & Ngundam, J.M., 2009. "Feasibility of pico-hydro and photovoltaic hybrid power systems for remote villages in Cameroon," Renewable Energy, Elsevier, vol. 34(6), pages 1445-1450.
    45. Alva, Guruprasad & Lin, Yaxue & Fang, Guiyin, 2018. "An overview of thermal energy storage systems," Energy, Elsevier, vol. 144(C), pages 341-378.
    46. Ekren, Banu Y. & Ekren, Orhan, 2009. "Simulation based size optimization of a PV/wind hybrid energy conversion system with battery storage under various load and auxiliary energy conditions," Applied Energy, Elsevier, vol. 86(9), pages 1387-1394, September.
    47. Baker, John, 2008. "New technology and possible advances in energy storage," Energy Policy, Elsevier, vol. 36(12), pages 4368-4373, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chauhan, Anurag & Saini, R.P., 2014. "A review on Integrated Renewable Energy System based power generation for stand-alone applications: Configurations, storage options, sizing methodologies and control," Renewable and Sustainable Energy Reviews, Elsevier, vol. 38(C), pages 99-120.
    2. Erdinc, O. & Uzunoglu, M., 2012. "Optimum design of hybrid renewable energy systems: Overview of different approaches," Renewable and Sustainable Energy Reviews, Elsevier, vol. 16(3), pages 1412-1425.
    3. Bahramara, S. & Moghaddam, M. Parsa & Haghifam, M.R., 2016. "Optimal planning of hybrid renewable energy systems using HOMER: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 62(C), pages 609-620.
    4. Anoune, Kamal & Bouya, Mohsine & Astito, Abdelali & Abdellah, Abdellatif Ben, 2018. "Sizing methods and optimization techniques for PV-wind based hybrid renewable energy system: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 93(C), pages 652-673.
    5. Mandelli, Stefano & Barbieri, Jacopo & Mereu, Riccardo & Colombo, Emanuela, 2016. "Off-grid systems for rural electrification in developing countries: Definitions, classification and a comprehensive literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 58(C), pages 1621-1646.
    6. Akikur, R.K. & Saidur, R. & Ping, H.W. & Ullah, K.R., 2013. "Comparative study of stand-alone and hybrid solar energy systems suitable for off-grid rural electrification: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 27(C), pages 738-752.
    7. Perera, A.T.D. & Attalage, R.A. & Perera, K.K.C.K. & Dassanayake, V.P.C., 2013. "Designing standalone hybrid energy systems minimizing initial investment, life cycle cost and pollutant emission," Energy, Elsevier, vol. 54(C), pages 220-230.
    8. Hannan, M.A. & Faisal, M. & Jern Ker, Pin & Begum, R.A. & Dong, Z.Y. & Zhang, C., 2020. "Review of optimal methods and algorithms for sizing energy storage systems to achieve decarbonization in microgrid applications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 131(C).
    9. Mahesh, Aeidapu & Sandhu, Kanwarjit Singh, 2015. "Hybrid wind/photovoltaic energy system developments: Critical review and findings," Renewable and Sustainable Energy Reviews, Elsevier, vol. 52(C), pages 1135-1147.
    10. William López-Castrillón & Héctor H. Sepúlveda & Cristian Mattar, 2021. "Off-Grid Hybrid Electrical Generation Systems in Remote Communities: Trends and Characteristics in Sustainability Solutions," Sustainability, MDPI, vol. 13(11), pages 1-29, May.
    11. Tezer, Tuba & Yaman, Ramazan & Yaman, Gülşen, 2017. "Evaluation of approaches used for optimization of stand-alone hybrid renewable energy systems," Renewable and Sustainable Energy Reviews, Elsevier, vol. 73(C), pages 840-853.
    12. Fazelpour, Farivar & Soltani, Nima & Rosen, Marc A., 2014. "Feasibility of satisfying electrical energy needs with hybrid systems for a medium-size hotel on Kish Island, Iran," Energy, Elsevier, vol. 73(C), pages 856-865.
    13. Siddaiah, Rajanna & Saini, R.P., 2016. "A review on planning, configurations, modeling and optimization techniques of hybrid renewable energy systems for off grid applications," Renewable and Sustainable Energy Reviews, Elsevier, vol. 58(C), pages 376-396.
    14. Sawle, Yashwant & Gupta, S.C. & Bohre, Aashish Kumar, 2018. "Review of hybrid renewable energy systems with comparative analysis of off-grid hybrid system," Renewable and Sustainable Energy Reviews, Elsevier, vol. 81(P2), pages 2217-2235.
    15. Rullo, P. & Braccia, L. & Luppi, P. & Zumoffen, D. & Feroldi, D., 2019. "Integration of sizing and energy management based on economic predictive control for standalone hybrid renewable energy systems," Renewable Energy, Elsevier, vol. 140(C), pages 436-451.
    16. Ramli, Makbul A.M. & Hiendro, Ayong & Twaha, Ssennoga, 2015. "Economic analysis of PV/diesel hybrid system with flywheel energy storage," Renewable Energy, Elsevier, vol. 78(C), pages 398-405.
    17. Chauhan, Anurag & Saini, R.P., 2016. "Techno-economic optimization based approach for energy management of a stand-alone integrated renewable energy system for remote areas of India," Energy, Elsevier, vol. 94(C), pages 138-156.
    18. Perera, A.T.D. & Attalage, R.A. & Perera, K.K.C.K. & Dassanayake, V.P.C., 2013. "A hybrid tool to combine multi-objective optimization and multi-criterion decision making in designing standalone hybrid energy systems," Applied Energy, Elsevier, vol. 107(C), pages 412-425.
    19. Asma Mohamad Aris & Bahman Shabani, 2015. "Sustainable Power Supply Solutions for Off-Grid Base Stations," Energies, MDPI, vol. 8(10), pages 1-38, September.
    20. Baños, R. & Manzano-Agugliaro, F. & Montoya, F.G. & Gil, C. & Alcayde, A. & Gómez, J., 2011. "Optimization methods applied to renewable and sustainable energy: A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 15(4), pages 1753-1766, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jcltec:v:4:y:2022:i:2:p:29-501:d:829815. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.