| Title |
Economic Analysis of Energy Storage System for power system in Jeju |
| Authors |
Jun-Young Choi ; Jong-Hyun Lee ; Jong-Wook Ahn ; Won-Suk Ko ; Jun-Hee Hong |
| Keywords |
Energy Storage ; Power System ; Economic Analysis ; Battery System |
| Abstract |
In this paper, economic analysis of Energy Storage System for power system is performed. Economic analysis is performed to show the benefits of Energy Storage System. Results illustrate the advantages of Energy Storage System not only acting as an alternative generation resource but also giving a better reliability and stability in power system. |