Analysis of Grid Side Energy Storage System Based on System Dynamics Modeling and Simulation

This paper uses system dynamics to construct an system dynamics simulation model that can characterize the cost-effectiveness of energy storage power stations. The model is divided into four subsystems: cost, revenue, investment, and return, and the simulation results are summarized and analyzed. The research results of this article can not only systematically and comprehensively reflect the cost-benefit composition and correlation of electrochemical energy storage power plants on the grid side, but also provide useful reference value for investment decision-making and cost-benefit optimization of similar energy storage power plants.

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Publication Details

Published
2025-03-28
DOI
https://doi.org/10.1109/aeees64634.2025.11020411
Primary Topic
Power Systems and Renewable Energy
Type
article
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article

Analysis of Grid Side Energy Storage System Based on System Dynamics Modeling and Simulation

Li Cui, Beisha Tang, Yingjie Zhang, Ting Guo et al.
Power Systems and Renewable Energy
article

Analysis of Grid Side Energy Storage System Based on System Dynamics Modeling and Simulation

Li Cui, Beisha Tang, Yingjie Zhang, Ting Guo, Hu Luo, Qingrong Tan, Fuxing Zhang, Honglei Miao
article en

Abstract

This paper uses system dynamics to construct an system dynamics simulation model that can characterize the cost-effectiveness of energy storage power stations. The model is divided into four subsystems: cost, revenue, investment, and return, and the simulation results are summarized and analyzed. The research results of this article can not only systematically and comprehensively reflect the cost-benefit composition and correlation of electrochemical energy storage power plants on the grid side, but also provide useful reference value for investment decision-making and cost-benefit optimization of similar energy storage power plants.

Central South University (CN), North China Electric Power University (CN), China Electric Power Research Institute
Affordable and clean energy
Openalex Percentile: Top 89%
Power Systems and Renewable Energy
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Analysis of Grid Side Energy Storage System Based on System Dynamics Modeling and Simulation — Li Cui, Beisha Tang, et al. · (2025) | TGRS Research Map | TGRS