Why are response times important for smart energy systems?

Quicker response times are key to the operation of smart energy systems. If response times are not factored into planning or design, the benefits of smart energy systems operations would be lost. Jamahori and Rahman [ 25] highlighted that each energy storage technology might differ in terms of response times.

What is the energy to power ratio of a storage system?

... Storage System (from minutes to hours) has energy to power ratio is between 1 and 10 (e.g., a capacity between 1 kWh and 10 kWh for a 1 kW system) including Conventional Rechargeable batteries, Liquid-Metal and Molten-Salt Batteries, ALTESS, CESS and SNG .

How long does it take for energy systems to respond?

However, no exact time requirement has been established to date. In other words, energy systems need to operate with the fastest response time possible to ensure a reliable supply of energy to consumers [ 32 ]. Therefore, this work assumes values for the required RTqit in Table 5.

Do energy systems need a faster response time?

To the extent of the author's knowledge, it is understood that smart or energy systems need to operate with quicker response times. However, no exact time requirement has been established to date. In other words, energy systems need to operate with the fastest response time possible to ensure a reliable supply of energy to consumers [ 32 ].

What is the difference between energy storage duration and discharge rate?

For some technologies, the energy available may be proportional to the discharge rate and temperature (higher discharge rates typically allow less energy to be removed from the battery). Storage duration is the amount of time the energy storage can discharge at the system power capacity before depleting its energy capacity.

Should storage efficiency or losses be considered when optimizing energy systems?

Storage efficiency or losses must be considered when optimizing energy systems since economic performance is primarily related to the energy flows. Ignoring losses in storage will result in sub-optimal energy systems. Despite the usefulness of the abovementioned studies, two major research gaps were identified.