Please use this identifier to cite or link to this item: https://scholarhub.balamand.edu.lb/handle/uob/4056
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dc.contributor.advisorAssaf, Ataen_US
dc.contributor.authorMatar, Ramien_US
dc.date.accessioned2020-12-23T14:40:06Z-
dc.date.available2020-12-23T14:40:06Z-
dc.date.issued2019-
dc.identifier.urihttps://scholarhub.balamand.edu.lb/handle/uob/4056-
dc.descriptionIncludes bibliographical references (p. 93-97).en_US
dc.descriptionSupervised by Dr. Ata Assaf.en_US
dc.description.abstractThe herein study endeavored to explore energy storage system while identifying the benefits of such system and the risks. The study was founded on two exploration faucets: financial and engineering perspectives. A hybrid system of solar plant coupled with a battery storage system was selected. The operating principle of this system is to save electricity during the day in terms of pumped hydro potential which is then deployed to generate power from a reservoir pump to a reverse pump that runs the power producing turbine. Research established that there are two key benefits offered by HSPS: the cost of energy saved because of the inclusion of a hybrid energy storage system and 2) the extra revenues realized from the storage. Because of the hybridization of the storage options, the study also dwelled in showing the value proposition. Through this the study demonstrated storage options which when their financial benefits are combined, they provide a viable hybrid energy storage system. For the selected HSPS system, it is established in the study that the combination of the reverse pump power and the battery provides financial benefits that outweigh the costs as the prerequisite return on Investment (ROI). The risks are associated with both economic and technological challenges that derail attempts of integrating conventional storage systems with current ones. The latter necessitates a hybridization of various storage technologies to promote the implementation of reliable ESS through the merging of top features of selected technologies. Other risks include technical and operational challenges.en_US
dc.description.statementofresponsibilityby Rami Mataren_US
dc.format.extentviii, 111 p. :ill., tables ;30 cmen_US
dc.language.isoengen_US
dc.rightsThis object is protected by copyright, and is made available here for research and educational purposes. Permission to reuse, publish, or reproduce the object beyond the personal and educational use exceptions must be obtained from the copyright holderen_US
dc.subject.lcshRenewable energy sourcesen_US
dc.titleBenefits and risks of energy storage system : engineering and financial background of Hybrid Solar Power System (HSPS)en_US
dc.typeThesisen_US
dc.contributor.departmentDepartment of Engineering Managementen_US
dc.contributor.facultyFaculty of Engineeringen_US
dc.contributor.institutionUniversity of Balamanden_US
dc.date.catalogued2019-05-28-
dc.description.degreeMS in Engineering Managementen_US
dc.description.statusPublisheden_US
dc.identifier.ezproxyURLhttp://ezsecureaccess.balamand.edu.lb/login?url=http://olib.balamand.edu.lb/projects_and_theses/GP-EM-35.pdfen_US
dc.identifier.OlibID192150-
dc.provenance.recordsourceOliben_US
Appears in Collections:UOB Theses and Projects
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