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

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    3 Citations (Scopus)

    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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