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So far, most of the studies have analyzed lithium-ion batteries (LiBs) as an option for energy storage in island settings. Rampazzo et al. [ 20] assesses the benefits of the installation of lithium-ion batteries in the island of Ventotene (Italy).
Battery energy storage The main function of the battery system is to store the surplus of electrical energy production introduced by variable renewable sources and use it during hours of low renewable supply. For these applications, batteries usually operate with a daily cycle of charge and discharge [ 57 ].
On Tilos Island, the battery system mainly provides services of renewable energy time-shift. As mentioned in the previous section, technical features of the battery system such as roundtrip efficiency and DoD can have impacts on the energy capacity of the battery system.
It describes the technical features of the storage system, including energy storage capacity, charge and discharge duration, roundtrip efficiency, and so on (See Table 4 for details). Table 4. Battery Characteristics.
In this study, we address the economics of battery storage system at Tilos Island. Certainly, it is not directly linked to the power system operation at city level. However, the growing trend of decentralized generation has made the Tilos case similar to micro-grid architecture that is developing fast in cities.
Battery storage system is usually of modest size and likely to be connected to distribution networks [ 46 ]. It can be a cost-effective option to manage constraints and defer investments on grid infrastructure.
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