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Assessing energy storage technology options using a multi-criteria decision analysis-based framework

Daniel Murrant and Jonathan Radcliffe

Applied Energy, 2018, vol. 231, issue C, 788-802

Abstract: With the growing adoption of intermittent renewable energy generation the role for energy storage to provide a number of service needs is being increasingly recognised. However, ‘energy storage’ encompasses a family of technologies, each with its own set of performance, cost and physical characteristics, at different stages of development. At the same time, each energy system – however defined – has specific needs; and energy systems are themselves part of a wider socio-technical system which has aims beyond the confines of the energy ‘trilemma’. As energy storage technologies develop, funding is becoming available to demonstrate their application in realistic environments. However, with multiple technical and non-technical factors to consider, it is challenging for many decision makers who often have limited expertise and resources to select which projects to support.

Keywords: Energy storage; Energy system planning; Multi-criteria decision analysis; Multi-attribute value theory (search for similar items in EconPapers)
Date: 2018
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Handle: RePEc:eee:appene:v:231:y:2018:i:c:p:788-802