5Energy Storage in Future Power Systems
5.1 New Power System Paradigm
Economic, technological and environmental incentives and issues are changing the face of electricity generation, transmission, distribution and uses. Centralized energy generation structures, using complex power networks to produce and transfer electricity to the consumers, have high investment, operation and maintenance costs, while the overall system efficiency is low due to the large system losses. While overall electricity dependency has intensified, smaller generation using a broad generation mix, combined with energy storage has emerged as competitive alternatives to large central generation. The pressure of improving the power system ...
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