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ABOUT THE STUDY
JOURNAL: Joule
TITLE: "The Role of Electricity Market Design for Energy Storage in Cost-Efficient Decarbonization"
AUTHORS: Xin Qin (1), Bolun Xu (*2), Ioannis Lestas (1), Ye Guo (3), and Hongbin Sun (4,5)
- University of Cambridge, Department of Engineering, Cambridge, CB2 1PZ, UK
- Columbia University, Earth and Environmental Engineering, New York, NY 10027, USA
- Tsinghua University, Tsinghua-Berkeley Shenzhen Institute, Shenzhen, 518055, China
- Tsinghua University, Department of Electrical Engineering, Beijing, 100084, China
- Taiyuan University of Technology, College of Electrical and Power Engineering, Taiyuan, 030024, China
FUNDING: B. Xu was supported in part by the US National Science Foundation under grant ECCS-2239046. Y. Guo was supported in part by the National Natural Science Foundation of China under grant 51977115. H. Sun was supported in part by the National Natural Science Foundation of China under grant U22A6007.
B. Xu is a technical advisor to Storylitcs, a company working on simulation modeling of grid-scale energy storage, and Sensai Analytics, a company working on data analytics and machine learning solutions for grid-interactive batteries.