|dc.description.abstract||In response to global climate change and rising awareness of environmental protection, many countries are restructuring their energy systems for long term sustainability. The proportion of renewable energy increased year by year, with forseeable declining costs. The International Energy Agency further stated that solar photovoltaic and wind power will become the cheapest source of electricity in the next 25 years. However, power generation based on solar photovoltaic and wind power are intermittent and volatile in nature. If combined with energy storage systems, it will result in a complete ecosystem with energy conservation and is also environment friendly.
The government in Taiwan has declared to make renewable energy as one of the most important energy sources in the future. Integrating smart grids and energy storage systems will help Taiwan’s renewable energy supply and grid systems to operate more efficiently. With the rapid development of renewable energy, if without political interference, electricity price is expected to escalate. Our analysis reveals that the average electricity price at 5 NT dollars per degree is the timing for energy storage products to penetrate into the domestic market, and the market will expand with the increase in electricity prices. The energy storage market will then grow rapidly.
The purpose of this study is to select two kinds of modular products for domestic startups. First, the 10KW system is introduced for household energy storage products. Second, the enterprise and industrial energy storage are available on the 100KW system. These two products are the most basic model of energy storage, and then integrated into the energy storage market with smart energy storage system. This operation mode is divided into two modes: direct purchase and rental of flow meter price charges. The initial investment in the market is estimated to be 20 million yuan. Taking 5MW (5000KW) capacity as an example, it is estimated that the annual revenue will be 83 million and the profit will be about 14 million.
The future situation of power storage products and the evolution of smart grid software dominates its market growth and progress. The price of electricity purchase and sale affects the domestic economic development and the willingness of foreign manufacturers to invest in Taiwan. After testing and context simulation, its effectiveness is demonstrated. The results of this research can be used as a reference for the government to plan all kinds of clean energy.||en_US|