Techno-Economic Evaluation of a Battery-as-a-Service Business Model in an Energy Community

Nerea Goitia-Zabaleta, Ane Feijoo-Arostegui, Aitor Milo, Haizea Gaztañaga, Elvira Fernandez

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

The rise of Energy Communities (ECs) integrates various actors into low-voltage systems, including prosumers and local retailers. Battery usage in communities lacks exploration of Battery-as-a-Service (BaaS) models. This paper introduces a BaaS model in ECs, emphasising its benefits and impact on participants. A canvas model is proposed, and a case study is simulated in Spain to assess techno-economic and environmental advantages. Results show that the BaaS model reduced electricity bills by 6.8%, increased community P2P trading by 23.8%, and decreased CO2 emissions by 4.7%. However, the proposed model was not profitable for the community battery third-party owner in the current Spanish context. In a new tariff system where the power term was paid for use rather than availability, the BaaS model proved profitable and viable, recording a yearly profit of 1,800 € and outperforming the techno-economic and environmental indicators. The electricity bill diminished to 9.8 %, and CO2 emissions were reduced by 18.7 %.

Original languageEnglish
Title of host publication20th International Conference on the European Energy Market, EEM 2024 - Proceedings
PublisherIEEE Computer Society
ISBN (Electronic)9798350381740
DOIs
Publication statusPublished - 2024
Event20th International Conference on the European Energy Market, EEM 2024 - Istanbul, Turkey
Duration: 10 Jun 202412 Jun 2024

Publication series

NameInternational Conference on the European Energy Market, EEM
ISSN (Print)2165-4077
ISSN (Electronic)2165-4093

Conference

Conference20th International Conference on the European Energy Market, EEM 2024
Country/TerritoryTurkey
CityIstanbul
Period10/06/2412/06/24

Keywords

  • battery-as-a-service
  • business models
  • community storage
  • energy community

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