Energy Storage System @RISK financial model
softwareposted on 28.10.2020, 14:57 by Andy Wilson
This is a financial model for the study of asymmetric energy storage systems. It simulates the economic performance of a combined nuclear power and liquid air energy storage plant. With some modification, it could be modified to simulate the performance of different energy storage systems. The model itself requires the @RISK plugin (https://www.palisade.com/risk/). An early version of the work for which this model was built has been published by the Energy Policy Research Group at Cambridge University (https://www.eprg.group.cam.ac.uk/eprg-working-paper-2001/).
This work was supported by the Engineering and Physical Sciences Research Council (EPSRC) and the Imperial College, Open University and Cambridge University Centre for Doctoral Training (ICO CDT) in Nuclear Energy under award 1653547.