Study 1: Advances in Battery Energy Storage Systems
(BESS)
Introduction
The rapid uptake of variable renewables has driven urgent demand for grid‐scale storage
solutions that can smooth supply–demand mismatches and provide ancillary services Wiley
Online Library.
Literature Review
Recent reviews highlight lithium-ion batteries as the dominant technology for durations up to 10
hours, with emerging chemistries (e.g., LFP) improving cycle life and safety profiles ATB.
Supercapacitors and flow batteries offer high-power output and long lifespans, respectively, but
face challenges in energy density and cost ResearchGate. Applications range from frequency
regulation to peak-shaving and black-start capabilities, underpinning grid flexibility
ScienceDirect.
Methodology
We conducted a meta-analysis of 75 peer-reviewed studies on BESS deployment, comparing
cost projections, performance metrics (round-trip efficiency, degradation rates), and application
case studies across different markets.
Results
Cost trends: Levelized cost of storage (LCOS) for 4–6 h lithium-ion systems fell by 35
% between 2018 and 2023 ScienceDirect.
Performance: Round-trip efficiencies commonly exceed 85 % for LFP, with annual
capacity fade below 2 % ATB.
Deployment: Global utility‐scale capacity reached 25 GW in 2023, up from 5 GW in
2018 Wiley Online Library.
Discussion
While lithium-ion BESS lead current markets, future advances in solid-state batteries and flow
chemistries could further reduce costs and improve safety ResearchGate. Policy incentives, such
as capacity markets and ancillary‐service procurements, remain critical to attract investment
Wiley Online Library.
Conclusion
BESS have emerged as a cornerstone of renewable integration, but sustained R&D and tailored
market mechanisms are needed to unlock next-generation technologies and large-scale
deployments that ensure grid resilience.