Microeconomics of electrical energy storage in a fully renewable electricity system

The problem of climate change requires a transition to carbon–neutral energy. Given the variability of key renewable energy sources such as solar photovoltaics (PV) and wind, fully renewable electricity systems require some form of energy storage. But as described in this study, the economics of electrical energy storage are complex. Many reports on cost of electricity storage confuse the cost of charge/discharge power in kW with the cost of...