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Table 2 Estimated operating life and annual average cost of the Li-ion ESS under different frequency regulation dead bands

From: A cost accounting method of the Li-ion battery energy storage system for frequency regulation considering the effect of life degradation

frequency regulation dead bands /Hz

±0.033

±0.04

±0.05

±0.06

nominal life(15y)

w fr /104 kWh

189.62

117.59

54.34

21.14

–

Annual life degradation/%

16.81

11.59

8. 21

6.23

6.67

T LC /year

5.95

8.63

12.18

16.05

15

C A /104 yuan

175.0

124.4

91.6

72.4

76.7

Fully charging cycle

696

432

201

78

–