Economic comparison of corrosion-resistant BESS containers for telecom stations in coastal regions

What is the life expectancy of Bess & storage systems?

The IRR is 9%, and the payback period is 8.1 years, assuming the life expectancy of the BESS + SPV system is 15 years and a battery storage requirement of 6 h (Fig. 11). Market predictions for life expectancy of BESS and Storage systems is 25 years, and in such cases the economics become more favorable.

What is a Bess & how does it work?

SA, Cushman & Wakefield ResearchBESS – The ConceptA BESS secures electrical energy from renewable and non-renewable sources and collects and saves it in rechargeable batteries for use at a later date. When energy is needed, it is released from the BESS to power demand to lessen any disparity b

Is Bess a viable battery storage technology?

Further as the costs of battery storage technologies continues to fall further (IRENA, 2017), the range of economically viable applications for BESS will only increase. Improvements in advanced chemistry BESS performance and reliability is further driving BESS adoption.

Is Bess installation economically viable?

BESS installation in 15–45 kVA range is economically viable, for the end-user segments such as housing complexes, small commercial complexes, restaurants. The IRR of the DG replacement scenario for the 45 kVA range is 7% (for median power backup of 6 h), and is in the range of 9%–5% (to provide backup of 3–14 h).