Abstract
Numerical modelling of redox flow battery (RFB) systems allows the technical and commercial performance of different designs to be predicted without costly lab, pilot and full-scale testing. A numerical model of a redox flow battery was used in conjunction with a simple cost model incorporating capital and operating costs to predict the technical and commercial performance of a 120 MWh/15 MW utility-scale polysulphide-bromine (PSB) storage plant for arbitrage applications. Based on 2006 prices, the system was predicted to make a net loss of 0.45 p kWh-1 at an optimum current density of 500 A m-2 and an energy efficiency of 64%. The system was predicted to become economic for arbitrage (assuming no further costs were incurred) if the rate constants of both electrolytes could be increased to 10-5 m s-1, for example by using a suitable (low cost) electrocatalyst. The economic viability was found to be strongly sensitive to the costs of the electrochemical cells and the electrical energy price differential. © 2009 Elsevier B.V. All rights reserved.
| Original language | English |
|---|---|
| Pages (from-to) | 1231-1239 |
| Number of pages | 8 |
| Journal | Journal of Power Sources |
| Volume | 189 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 15 Apr 2009 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 7 Affordable and Clean Energy
Keywords
- Arbitrage
- Economic modelling
- Load-levelling
- Polysulphide bromide
- Redox flow battery
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