How much does a LCoS cost?

This LCOS compares with second-life BESS TCC range from 222 to 274 ($/kWh) depending on the business model. The nominal capacity factor for SBESS ranges from 6.80 to 7.18%/yr, reflecting the low initial state of health and conservative DoD. Likewise, the equivalent O&M costs are 3.15–7.78 ($/kW-yr). Table 4.

When will LCoS be available?

All the analysis are made for the year 2020, and based on studies of the evolution of technology costs, the LCOS is projected for the year 2030. The results show that the most significant component of LCOS for all applications is investment, due to the high cost of this type of storage technology.

What is the difference between LCOE and LCOS?

Some key differences between LCOE and LCOS include the inclusion of electricity charging costs, physical constraints of the storage system during charge/discharge, and differentiation of power-related and energy-related applications .

Will lithium ion reduce LCoS?

We find that LCOS will reduce by one-third to one-half by 2030 and 2050, respectively, across the modeled applications, with lithium ion likely to become most cost efficient for nearly all stationary applications from 2030.

What is the LCoS for a new Bess?

The harmonized LCOS for new BESS predicts a mean value of 211 ($/MWh). The mean TCC across the new BESS is 312 ($/kWh). The capacity factor is based on the nominal capacity and is a function of calendar degradation rates and DoD. The range of degradation rates results in a nominal capacity factor of 10.0–11.5%.

How do you calculate LCoS?

The lifetime is the minimum of shelf life (T shelf) or cycle life (Cyc life) when compared to annual cycles (Cyc life /Cyc pa) and includes construction times. LCOS [$ MWh] = Investment cost+ ∑ n N O & M c o s t 1 +r n + ∑ n N Charging cost 1 +r n + End - of - life cost 1 +r N+ 1 ∑ n N Ele c Discharged 1 +r n.