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Peak Shaving using Energy Storage at the Residential Level

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Electricity demand is not constant throughout the day. This forces energy suppliers to use less efficient generators which can be easily turned on and off to match demand. By storing electricity when demand is low and expending this electricity when demand is high electricity demand can be flattened, allowing for the use of more efficient generators. This study investigates whether or not this can be economically viable at a residential level. - - This study found that for none of the storage technologies or pricing schemes studied was this application economically viable. It was found that the initial cost and the replacement costs were the bulk of the costs, and that efficiency is the most important factor to the amount of revenue generated by the system. -

  • This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.
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Identifier
  • E-project-012214-140304
Keyword
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Year
  • 2014
Date created
  • 2014-01-22
Location
  • Worcester
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