Modeling parameters | Range of values | Refs. |
---|---|---|
Average state of charge(SOC) of BESS | 0.05–0.95 | [86] |
Annual battery degradation capacity | 0–2.59 | [87] |
Depth of Discharge (%) | 45–90 | [88] |
Energy to Power Ratio (MWh/MW) | 0.25–10 | |
Average Investment Cost (US$/MWh) | 536,000 | |
Ramp rate (%) | 100 | [89] |
Operation and Maintenance costs ($/kW) | 10–28 | [91] |
Power density (Wh/kg) | 16–250 | [92] |