The Economics of Power Storage

This thesis focuses on demand side developments and on the regulated as
well as the economic framework conditions those storage technologies
have to compete in and draws a clear picture of the economic
feasibility of large scale storage options in Central Europe for the
coming decades. The potential contribution of power storage to deal
with upcoming technological and economical challenges in various areas
of the electricity sector is finally assessed and a recommendation
concerning future investments in one or more of the examined storage
technology options is given. Contents: Introduction and Scope of Work.
Power Storage Technologies and Their Application. Fundamentals of
Energy Economics and Theoretical Background. Theory of Power Storage
Economics. Country Analysis of the Economic Potential of a Large Scale
Central Storage. The Central Application: Quantification of Future
Potentials in Europe. Storage technology benchmark based on historical
price data. Technology benchmark based on modeled electricity prices
for the future. Decentral Grid Management Applications. Summary and
Conclusions. Mit freundlichem Gruß