Cost-benefit-analysis of VRB-ESS for building applications

Nowadays, thanks to the development of technology, the battery changed a lot. Contrast to the dry cells, there is a new type of battery called flow battery, which is found very suitable to be energy storage system. This project is to introduce one kind of flow batteries, all-Vanadium Redox flow Batt...

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Main Author: Wang, Fan
Other Authors: Zhao Jiyun
Format: Final Year Project
Language:English
Published: 2013
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Online Access:http://hdl.handle.net/10356/54387
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Institution: Nanyang Technological University
Language: English
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spelling sg-ntu-dr.10356-543872023-07-07T15:50:34Z Cost-benefit-analysis of VRB-ESS for building applications Wang, Fan Zhao Jiyun School of Electrical and Electronic Engineering DRNTU::Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution Nowadays, thanks to the development of technology, the battery changed a lot. Contrast to the dry cells, there is a new type of battery called flow battery, which is found very suitable to be energy storage system. This project is to introduce one kind of flow batteries, all-Vanadium Redox flow Battery, and show the feasibility through the cost-benefit-analysis of the all-Vanadium Redox Battery Energy Storage System (VRB-ESS) being employed in building. As VRB have many advantages, such as high efficiency, long lifespan, short response time and high recovery of its components, it is widely used as energy storage, the peak shaving and spinning reserve. In this project, the cost and benefit of VRB-ESS for building applications in Singapore was calculated and compared. Through the compare results, the calculation was come to that the VRB-ESS can be installed for the building model which is set in the project. The other recommendations are that VRB-ESS is more suitable for the large-scale companies and residences and that a relatively large size VRB-ESS employed for a building is better than a small one when both of them can satisfy the power usage of the building. Bachelor of Engineering 2013-06-19T09:02:16Z 2013-06-19T09:02:16Z 2013 2013 Final Year Project (FYP) http://hdl.handle.net/10356/54387 en Nanyang Technological University 48 p. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic DRNTU::Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution
spellingShingle DRNTU::Engineering::Electrical and electronic engineering::Electric power::Production, transmission and distribution
Wang, Fan
Cost-benefit-analysis of VRB-ESS for building applications
description Nowadays, thanks to the development of technology, the battery changed a lot. Contrast to the dry cells, there is a new type of battery called flow battery, which is found very suitable to be energy storage system. This project is to introduce one kind of flow batteries, all-Vanadium Redox flow Battery, and show the feasibility through the cost-benefit-analysis of the all-Vanadium Redox Battery Energy Storage System (VRB-ESS) being employed in building. As VRB have many advantages, such as high efficiency, long lifespan, short response time and high recovery of its components, it is widely used as energy storage, the peak shaving and spinning reserve. In this project, the cost and benefit of VRB-ESS for building applications in Singapore was calculated and compared. Through the compare results, the calculation was come to that the VRB-ESS can be installed for the building model which is set in the project. The other recommendations are that VRB-ESS is more suitable for the large-scale companies and residences and that a relatively large size VRB-ESS employed for a building is better than a small one when both of them can satisfy the power usage of the building.
author2 Zhao Jiyun
author_facet Zhao Jiyun
Wang, Fan
format Final Year Project
author Wang, Fan
author_sort Wang, Fan
title Cost-benefit-analysis of VRB-ESS for building applications
title_short Cost-benefit-analysis of VRB-ESS for building applications
title_full Cost-benefit-analysis of VRB-ESS for building applications
title_fullStr Cost-benefit-analysis of VRB-ESS for building applications
title_full_unstemmed Cost-benefit-analysis of VRB-ESS for building applications
title_sort cost-benefit-analysis of vrb-ess for building applications
publishDate 2013
url http://hdl.handle.net/10356/54387
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