Consideration on Present and Future of Battery Energy Storage System to Unlock Battery Value

doi:10.35833/MPCE.2023.000723

Home > Archive>Volume 13, Issue 2, 2025 >622-636. DOI:10.35833/MPCE.2023.000723

PDF HTML Export

Consideration on Present and Future of Battery Energy Storage System to Unlock Battery Value

DOI:

10.35833/MPCE.2023.000723

Author:

Ji-Soo Kim ^¹
Ji-Soo Kim
Department of Electric Engineering, Polytechnique Montréal, Montreal, Canada
Find this author on All Journals
Find this author on BaiDu
Search for this author on this site
Jin-Sol Song ^²
Jin-Sol Song
Department of Electrical and Electronic Engineering, Sungkyunkwan University, Suwon, 16419, Republic of Korea
Find this author on All Journals
Find this author on BaiDu
Search for this author on this site
Chul-Hwan Kim ^²
Chul-Hwan Kim
Department of Electrical and Electronic Engineering, Sungkyunkwan University, Suwon, 16419, Republic of Korea
Find this author on All Journals
Find this author on BaiDu
Search for this author on this site
Jean Mahseredjian ^¹
Jean Mahseredjian
Department of Electric Engineering, Polytechnique Montréal, Montreal, Canada
Find this author on All Journals
Find this author on BaiDu
Search for this author on this site
Seung-Ho Kim ^³
Seung-Ho Kim
Global Electricity Co., Ltd, Siheung, 15117, Republic of Korea
Find this author on All Journals
Find this author on BaiDu
Search for this author on this site

Affiliation:

1.Department of Electric Engineering, Polytechnique Montréal, Montreal, Canada;2.Department of Electrical and Electronic Engineering, Sungkyunkwan University, Suwon, 16419, Republic of Korea;3.Global Electricity Co., Ltd, Siheung, 15117, Republic of Korea

Fund Project:

This work was supported by the National Research Foundation (NRF) of Republic of Korea grant funded by the Korean Government (MSIP) (No. 2021R1A2B5B03086257).

Article

Figures

Metrics

Reference

Cited by

Materials

Abstract:

To address environmental concerns, there has been a rapid global surge in integrating renewable energy sources into power grids. However, this transition poses challenges to grid stability. A prominent solution to this challenge is the adoption of battery energy storage systems (BESSs). Many countries are actively increasing BESS deployment and developing new BESS technologies. Nevertheless, a crucial initial step is conducting a comprehensive analysis of BESS capabilities and subsequently formulating policies. We analyze the current roles of BESS and review existing BESS policies worldwide, which focuses on key markets in Asia, Europe, and the U.S.. Using collected survey data, we propose a comprehensive three-phase framework for policy formulation, providing insights into future policy development directions.

Key words:Battery energy storage system (BESS) ; policy analysis ; recycling ; renewable energy ; economic and subsidy support policies ; long-duration energy storage ; safety standard

Get Citation

Copy

Article Metrics

Abstract:
PDF:
HTML:
Cited by:

History

Received:September 28,2023
Revised:December 23,2023
Adopted:
Online: March 26,2025
Published:

Home

Introduction

Editorial Board

For Author

Call For Papers

APC

Sponsor & Publisher

Get Citation

Share

Article Metrics

History