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(2) Levelized Cost of Storage: Find the simple levelized cost of storage (LCOE for energy storage system) for a Li-lon battery energy storage system under
(2) Levelized Cost of Storage: Find the simple levelized cost of storage (LCOE for energy storage system) for a Li-lon battery energy storage system under the following conditions. I am looking for the simple version of LCOE so you do not need to account for discount rates or degradation. The data you need to make the calculations are provided in the table below. a) Daily storage: The battery is used to shift solar energy production to evening peak hours. Assume the system fully charges and discharges once per day and the electricity price when the battery is charged is $0.05/kWh on average. (12 pts.) b) Seasonal storage: The battery is used to shift solar energy production from the season when there is excess renewable energy to the season when there is a shortfall of renewable energy. Assume the system is fully charged and discharged twice per year and the electricity price when the battery is charged is $0.01/kWh on average. (12 pts.) 'Capacity refers to the electricity output capacity when fully charged. (2) Levelized Cost of Storage: Find the simple levelized cost of storage (LCOE for energy storage system) for a Li-lon battery energy storage system under the following conditions. I am looking for the simple version of LCOE so you do not need to account for discount rates or degradation. The data you need to make the calculations are provided in the table below. a) Daily storage: The battery is used to shift solar energy production to evening peak hours. Assume the system fully charges and discharges once per day and the electricity price when the battery is charged is $0.05/kWh on average. (12 pts.) b) Seasonal storage: The battery is used to shift solar energy production from the season when there is excess renewable energy to the season when there is a shortfall of renewable energy. Assume the system is fully charged and discharged twice per year and the electricity price when the battery is charged is $0.01/kWh on average. (12 pts.) 'Capacity refers to the electricity output capacity when fully charged
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