Energy storage systems: A review of its progress and outlook, potential benefits, barriers and solutions within the Malaysian distribution network
To ensure access towards an affordable and clean energy for all, the Malaysian government has tabled the National Energy Policy in 2022 which further addresses the energy trilemma challenges and investment objectives on environmental, social and governance (ESG) core values. While Malaysia sets its...
Saved in:
| Main Authors: | , , , , , |
|---|---|
| Other Authors: | |
| Format: | Review |
| Published: |
Elsevier Ltd
2024
|
| Subjects: | |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| id |
my.uniten.dspace-33901 |
|---|---|
| record_format |
dspace |
| spelling |
my.uniten.dspace-339012024-10-14T11:17:24Z Energy storage systems: A review of its progress and outlook, potential benefits, barriers and solutions within the Malaysian distribution network Lee J.Y. Ramasamy A.K. Ong K.H. Verayiah R. Mokhlis H. Marsadek M. 57217227566 16023154400 57203145595 26431682500 8136874200 26423183000 Energy Energy storage policies Energy storage systems Renewable energy Second Life Battery Second Life Energy Storage Systems Data storage equipment Economics Electric energy storage Electric power distribution Energy policy Investments Lithium-ion batteries Natural resources Stochastic systems Energy Energy storage policy Energy storage system Renewable energies Second Life Second life batteries Second life energy storage system Storage policies Storage systems Renewable energy resources To ensure access towards an affordable and clean energy for all, the Malaysian government has tabled the National Energy Policy in 2022 which further addresses the energy trilemma challenges and investment objectives on environmental, social and governance (ESG) core values. While Malaysia sets its target to achieve 18 % of total primary supply only relying on renewable energy sources, it is expected that there will be an energy mismatch between supply and demand within the network due to the stochastic behavior of weather dependent renewable energy sources (RES) such as solar PV. Hence, energy storage system (ESS) delivers a better solution with its capability to perform power regulation or as a storage unit to manage with the intermittent generation from existing renewable sources. Therefore, this review outlines the prospect and outlook of first and second life lithium-ion energy storage in different applications within the distribution grid system which aligns with the policies present in Malaysia. This paper also highlights both technical and non-technical reviews on both energy storage technologies. Evidently, the outcome of the paper shows that the application of energy storage exhibits better performance along with the integration of renewable energy sources as compared to the present technology in the Malaysian grid system. In addition, second-life lithium-ion batteries with 80 % of remaining capacity could potentially elevate the present economic value of ESS within its service lifetime. � 2023 The Authors Final 2024-10-14T03:17:24Z 2024-10-14T03:17:24Z 2023 Review 10.1016/j.est.2023.108360 2-s2.0-85165532161 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85165532161&doi=10.1016%2fj.est.2023.108360&partnerID=40&md5=44f52bbfbcdce83da9589e8100b47cb0 https://irepository.uniten.edu.my/handle/123456789/33901 72 108360 All Open Access Hybrid Gold Open Access Elsevier Ltd Scopus |
| institution |
Universiti Tenaga Nasional |
| building |
UNITEN Library |
| collection |
Institutional Repository |
| continent |
Asia |
| country |
Malaysia |
| content_provider |
Universiti Tenaga Nasional |
| content_source |
UNITEN Institutional Repository |
| url_provider |
http://dspace.uniten.edu.my/ |
| topic |
Energy Energy storage policies Energy storage systems Renewable energy Second Life Battery Second Life Energy Storage Systems Data storage equipment Economics Electric energy storage Electric power distribution Energy policy Investments Lithium-ion batteries Natural resources Stochastic systems Energy Energy storage policy Energy storage system Renewable energies Second Life Second life batteries Second life energy storage system Storage policies Storage systems Renewable energy resources |
| spellingShingle |
Energy Energy storage policies Energy storage systems Renewable energy Second Life Battery Second Life Energy Storage Systems Data storage equipment Economics Electric energy storage Electric power distribution Energy policy Investments Lithium-ion batteries Natural resources Stochastic systems Energy Energy storage policy Energy storage system Renewable energies Second Life Second life batteries Second life energy storage system Storage policies Storage systems Renewable energy resources Lee J.Y. Ramasamy A.K. Ong K.H. Verayiah R. Mokhlis H. Marsadek M. Energy storage systems: A review of its progress and outlook, potential benefits, barriers and solutions within the Malaysian distribution network |
| description |
To ensure access towards an affordable and clean energy for all, the Malaysian government has tabled the National Energy Policy in 2022 which further addresses the energy trilemma challenges and investment objectives on environmental, social and governance (ESG) core values. While Malaysia sets its target to achieve 18 % of total primary supply only relying on renewable energy sources, it is expected that there will be an energy mismatch between supply and demand within the network due to the stochastic behavior of weather dependent renewable energy sources (RES) such as solar PV. Hence, energy storage system (ESS) delivers a better solution with its capability to perform power regulation or as a storage unit to manage with the intermittent generation from existing renewable sources. Therefore, this review outlines the prospect and outlook of first and second life lithium-ion energy storage in different applications within the distribution grid system which aligns with the policies present in Malaysia. This paper also highlights both technical and non-technical reviews on both energy storage technologies. Evidently, the outcome of the paper shows that the application of energy storage exhibits better performance along with the integration of renewable energy sources as compared to the present technology in the Malaysian grid system. In addition, second-life lithium-ion batteries with 80 % of remaining capacity could potentially elevate the present economic value of ESS within its service lifetime. � 2023 The Authors |
| author2 |
57217227566 |
| author_facet |
57217227566 Lee J.Y. Ramasamy A.K. Ong K.H. Verayiah R. Mokhlis H. Marsadek M. |
| format |
Review |
| author |
Lee J.Y. Ramasamy A.K. Ong K.H. Verayiah R. Mokhlis H. Marsadek M. |
| author_sort |
Lee J.Y. |
| title |
Energy storage systems: A review of its progress and outlook, potential benefits, barriers and solutions within the Malaysian distribution network |
| title_short |
Energy storage systems: A review of its progress and outlook, potential benefits, barriers and solutions within the Malaysian distribution network |
| title_full |
Energy storage systems: A review of its progress and outlook, potential benefits, barriers and solutions within the Malaysian distribution network |
| title_fullStr |
Energy storage systems: A review of its progress and outlook, potential benefits, barriers and solutions within the Malaysian distribution network |
| title_full_unstemmed |
Energy storage systems: A review of its progress and outlook, potential benefits, barriers and solutions within the Malaysian distribution network |
| title_sort |
energy storage systems: a review of its progress and outlook, potential benefits, barriers and solutions within the malaysian distribution network |
| publisher |
Elsevier Ltd |
| publishDate |
2024 |
| _version_ |
1814061093739298816 |
| score |
13.222552 |