TY - GEN
T1 - Techno-Economic Evaluation of a Battery-as-a-Service Business Model in an Energy Community
AU - Goitia-Zabaleta, Nerea
AU - Feijoo-Arostegui, Ane
AU - Milo, Aitor
AU - Gaztañaga, Haizea
AU - Fernandez, Elvira
N1 - Publisher Copyright:
© 2024 IEEE.
PY - 2024
Y1 - 2024
N2 - 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 %.
AB - 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 %.
KW - battery-as-a-service
KW - business models
KW - community storage
KW - energy community
UR - http://www.scopus.com/inward/record.url?scp=85201403438&partnerID=8YFLogxK
U2 - 10.1109/EEM60825.2024.10608910
DO - 10.1109/EEM60825.2024.10608910
M3 - Conference contribution
AN - SCOPUS:85201403438
T3 - International Conference on the European Energy Market, EEM
BT - 20th International Conference on the European Energy Market, EEM 2024 - Proceedings
PB - IEEE Computer Society
T2 - 20th International Conference on the European Energy Market, EEM 2024
Y2 - 10 June 2024 through 12 June 2024
ER -