Utility-scale lithium-ion storage cost projections for use in capacity expansion models

@article{Cole2016UtilityscaleLS,
  title={Utility-scale lithium-ion storage cost projections for use in capacity expansion models},
  author={Wesley J. Cole and Cara Marcy and Venkat K. Krishnan and Robert Margolis},
  journal={2016 North American Power Symposium (NAPS)},
  year={2016},
  pages={1-6}
}
This work presents U.S. utility-scale battery storage cost projections for use in capacity expansion models. We create battery cost projections based on a survey of literature cost projections of battery packs and balance of system costs, with a focus on lithium-ion batteries. Low, mid, and high cost trajectories are created for the overnight capital costs and the operating and maintenance costs. We then demonstrate the impact of these cost projections in the Regional Energy Deployment System… CONTINUE READING

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