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Energy storage system policies: Way forward and opportunities for emerging economies

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dc.citedby23
dc.contributor.authorSani S.B.en_US
dc.contributor.authorCelvakumaran P.en_US
dc.contributor.authorRamachandaramurthy V.K.en_US
dc.contributor.authorWalker S.en_US
dc.contributor.authorAlrazi B.en_US
dc.contributor.authorYing Y.J.en_US
dc.contributor.authorDahlan N.Y.en_US
dc.contributor.authorRahman M.H.A.en_US
dc.contributor.authorid57218796407en_US
dc.contributor.authorid57205531226en_US
dc.contributor.authorid6602912020en_US
dc.contributor.authorid37105142200en_US
dc.contributor.authorid46461112300en_US
dc.contributor.authorid56119339200en_US
dc.contributor.authorid24483200900en_US
dc.contributor.authorid57219197948en_US
dc.date.accessioned2023-05-29T08:06:53Z
dc.date.available2023-05-29T08:06:53Z
dc.date.issued2020
dc.descriptionEnergy policy; Energy storage; Gas emissions; Greenhouse gases; Battery storage system; Developed economies; Energy storage systems; Energy storage technologies; Level playing fields; Renewable energies; Renewable energy integrations; United States of America; Storage as a service (STaaS)en_US
dc.description.abstractThe need to reduce greenhouse gas emissions has catalysed the rapid growth of renewable energy worldwide. However, the intermittent nature of renewable energy requires the support of energy storage systems (ESS) to provide ancillary services and save excess energy for use at a later time. ESS policies have been proposed in some countries to support the renewable energy integration and grid stability. These policies are mostly concentrated around battery storage system, which is considered to be the fastest growing energy storage technology due to its efficiency, flexibility and rapidly decreasing cost. ESS policies are primarily found in regions with highly developed economies, that have advanced knowledge and expertise in the sector. This paper provides a comprehensive review of ESS policies worldwide, identifying the different goals, objectives and the expected outcomes. It discusses the benefits of having such policies, the impact they have and opportunities they have created in the energy sector. Some of the countries that have been identified to have mature ESS policies are United States of America, United Kingdom, Germany, South Korea, Japan, China and Australia. These countries have the most advanced storage technologies and are constantly undertaking research, development and demonstration (RD&D) projects sponsored by the industry and government. ESS policies mostly promote energy storage by providing incentives, soft loans, targets and a level playing field. Nevertheless, a relatively small number of countries around the world have implemented the ESS policies. It is hoped that other countries especially in the emerging economies will learn from their experiences and adopt the policies to assist local entities that want to drive change in their community. � 2020 Elsevier Ltden_US
dc.description.natureFinalen_US
dc.identifier.ArtNo101902
dc.identifier.doi10.1016/j.est.2020.101902
dc.identifier.scopus2-s2.0-85091662384
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85091662384&doi=10.1016%2fj.est.2020.101902&partnerID=40&md5=ddb4e6f6fb2f1f0c36fea5f51278d44c
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/25130
dc.identifier.volume32
dc.publisherElsevier Ltden_US
dc.relation.ispartofAll Open Access, Green
dc.sourceScopus
dc.sourcetitleJournal of Energy Storage
dc.titleEnergy storage system policies: Way forward and opportunities for emerging economiesen_US
dc.typeReviewen_US
dspace.entity.typePublication
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