Cross-border energy storage power profit analysis

Are there profit models for cross-border power grid interconnection projects?

With the increasing demand worldwide for power grid interconnection, a growing number of related projects are under planning or construction. Despite the rapid growth of cross-border interconnection projects, the systematic research on profit models for these projects is insufficient.

Do regulatory systems influence the profit model for cross-border power interconnection projects?

For cross-border power interconnection projects, the Jing Li et al. Analysis of profit models for cross-border power interconnection projects 46 regulatory systems of relevant countries have an important impact on the profit model.

Are cross-border power interconnection projects market oriented or semi-marketized?

On this basis, fully market-oriented, semi-marketization, and fully supervised cross-border power interconnection projects are analyzed respectively, and their profit models are considered under different regulatory systems.

Is Cross-Border Interconnection a good alternative to energy storage?

Cross-border interconnection can be a lower cost alternative to energy storage. With renewables HVDC can be 100x more valuable than with conventional generation. Some links are only profitable once renewable generation is included, and vice-versa. Interconnections often benefit one region more than the other, typically the larger.

Why is the scale of cross-border power transactions increasing?

With the expansion of power interconnection around the world, the scale of cross-border power transactions is rapidly increasing.

Why is cross-border power interconnection important?

With the increased proportion of renewable energy integration, power systems face the challenge of fluctuations in renewable energy. Cross-border power interconnection projects can provide more flexibility and reliability for the power system to avoid the curtailment of renewable energy.