Life Cycle Analysis of Energy Storage Technologies: A Comparative Study Article Swipe
Darya Nemova
,
Davu Srinivasa Rao
,
Vijay Anand Dubey
,
Rajendra Prasad
,
Amit Kumar
,
Danish Kundra
,
Rizwan Hasan Khan
·
YOU?
·
· 2024
· Open Access
·
· DOI: https://doi.org/10.1051/e3sconf/202451101040
YOU?
·
· 2024
· Open Access
·
· DOI: https://doi.org/10.1051/e3sconf/202451101040
This study offers a thorough comparative analysis of the life cycle assessment of three significant energy storage technologies—Lithium-Ion Batteries, Flow Batteries, and Pumped Hydro—evaluating their environmental, economic, and social aspects in a complete manner. When considering the environmental effect, it is evident that Lithium-Ion Batteries surpass Flow Batteries and Pumped Hydro in terms of carbon footprint, water use, and land utilization. Flow Batteries and Pumped Hydro exhibit significant decreases, ranging from 40% to 60%, showcasing their potential as ecologically sound alternatives with heightened sustainability advantages. From an economic standpoint, it can be confidently said that Flow Batteries and Pumped Hydro surpass Lithium-Ion Batteries in terms of both capital and operational expenses, resulting in a decreased Levelized Cost of Storage (LCOS). The examination of percentage change showcases significant decreases, ranging from 20% to 50%, underscoring the economic competitiveness of Flow Batteries and Pumped Hydro. Regarding societal consequences, Flow Batteries and Pumped Hydro exhibit a propensity for heightened job production, augmented community acceptability, and enhanced health and safety records in contrast to Lithium-Ion Batteries. The assessments of percentage change further underscore the societal benefits of Flow Batteries and Pumped Hydro, demonstrating a substantial increase of 40% to 100% in job creation, a notable rise of 6.25% to 12.5% in community acceptability, and a significant decrease of 50% to 75% in health and safety problems. These results jointly emphasize the comprehensive benefits of Flow Batteries and Pumped Hydro, indicating their potential as sustainable, cost-effective, and socially responsible energy storage options. Given the ongoing evolution of the energy landscape, the findings obtained from this research greatly enhance the ability of stakeholders and policymakers to make well-informed decisions in their efforts to design a more environmentally friendly and robust energy future. The study emphasizes the significance of taking into account not only the technological efficacy, but also the wider environmental, economic, and social circumstances when implementing energy storage technology.
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Metadata
- Type
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- Language
- en
- Landing Page
- https://doi.org/10.1051/e3sconf/202451101040
- https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/41/e3sconf_amgse2024_01040.pdf
- OA Status
- diamond
- Cited By
- 4
- References
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- OpenAlex ID
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All OpenAlex metadata
Raw OpenAlex JSON
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https://openalex.org/W4394697210Canonical identifier for this work in OpenAlex
- DOI
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https://doi.org/10.1051/e3sconf/202451101040Digital Object Identifier
- Title
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Life Cycle Analysis of Energy Storage Technologies: A Comparative StudyWork title
- Type
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articleOpenAlex work type
- Language
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enPrimary language
- Publication year
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2024Year of publication
- Publication date
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2024-01-01Full publication date if available
- Authors
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Darya Nemova, Davu Srinivasa Rao, Vijay Anand Dubey, Rajendra Prasad, Amit Kumar, Danish Kundra, Rizwan Hasan KhanList of authors in order
- Landing page
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https://doi.org/10.1051/e3sconf/202451101040Publisher landing page
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https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/41/e3sconf_amgse2024_01040.pdfDirect link to full text PDF
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YesWhether a free full text is available
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diamondOpen access status per OpenAlex
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https://www.e3s-conferences.org/articles/e3sconf/pdf/2024/41/e3sconf_amgse2024_01040.pdfDirect OA link when available
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Computer science, Environmental scienceTop concepts (fields/topics) attached by OpenAlex
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4Total citation count in OpenAlex
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2025: 4Per-year citation counts (last 5 years)
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35Number of works referenced by this work
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10Other works algorithmically related by OpenAlex
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