Cooperative development of energy storage projects

4 FAQs about [Cooperative development of energy storage projects]

What is shared energy storage?

Shared energy storage embodies sharing economy principles within the storage industry. This approach allows storage facilities to monetize unused capacity by offering it to users, generating additional revenue for providers, and supporting renewable energy prosumers’ growth.

How do we integrate storage sharing into the design phase of energy systems?

We adopt a cooperative game approach to incorporate storage sharing into the design phase of energy systems. To ensure a fair distribution of cooperative benefits, we introduce a benefit allocation mechanism based on contributions to energy storage sharing.

Can cooperative game theory be used to plan shared energy storage?

(2) Application of cooperative game theory to the planning of shared energy storage, with the introduction of the Shapley value and Banzhaf value to evaluate each participant’s contribution to storage sharing. The proposed approach ensures a realistic and cost-effective maximization of resource utilization.

What is a shared energy storage operator?

With the development of sharing economy theory, an emerging concept, shared energy storage operator, is introduced to invest the energy storage devices and act as a third-party energy servicer . The operator could establish suitable incentive pricing mechanisms as a means of generating profit .

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