Research Article
Exploration of Shared Energy Storage Business Model
@INPROCEEDINGS{10.4108/eai.8-12-2023.2344739, author={Bingcong Zhai and Baomin Fang and Xiaoyu Liu and Xichao Wang and Lianfang Wang and Yanhe Li and Xiangjun Li}, title={Exploration of Shared Energy Storage Business Model}, proceedings={Proceedings of the 5th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2023, December 8--10, 2023, Guangzhou, China}, publisher={EAI}, proceedings_a={MSIEID}, year={2024}, month={4}, keywords={shared energy storage policy pricing mechanism profit model investment model}, doi={10.4108/eai.8-12-2023.2344739} }- Bingcong Zhai
Baomin Fang
Xiaoyu Liu
Xichao Wang
Lianfang Wang
Yanhe Li
Xiangjun Li
Year: 2024
Exploration of Shared Energy Storage Business Model
MSIEID
EAI
DOI: 10.4108/eai.8-12-2023.2344739
Abstract
This article takes the shared energy storage business model as the discussion object. Based on the definition and classification of business models, it analyzes shared energy storage from three dimensions: pricing mechanism, investment model, and profit model. Firstly, it analyzes some policies related to shared energy storage at the national level in China and in various provinces and cities; Secondly, Using the business model for shared energy storage as the subject of study, this paper discusses the pricing mechanism of shared energy storage from four aspects: game theory, auction mechanism, fixed electricity price, and time of use electricity price, and lists the research on the pricing mechanism of shared energy storage by domestic and foreign scholars; Thirdly, three investment models for shared energy storage were proposed, and their concepts were explained and their advantages and disadvantages were analyzed;Finally, the profit model of shared energy storage was explored, mainly through participation in the auxiliary service market, capacity leasing, and the difference in charging and discharging electricity prices to generate revenue. Using Hunan Province shared energy storage power plant economic analysis was done, and recommendations for the future advancement of shared energy storage were compiled and put forth.
