{"id":"https://openalex.org/W4409475659","doi":"https://doi.org/10.1109/soli63266.2024.10956045","title":"A Review of Energy Storage: Economic Viability, Social Impacts, and Future Directions","display_name":"A Review of Energy Storage: Economic Viability, Social Impacts, and Future Directions","publication_year":2024,"publication_date":"2024-06-22","ids":{"openalex":"https://openalex.org/W4409475659","doi":"https://doi.org/10.1109/soli63266.2024.10956045"},"language":"en","primary_location":{"id":"doi:10.1109/soli63266.2024.10956045","is_oa":false,"landing_page_url":"https://doi.org/10.1109/soli63266.2024.10956045","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2024 IEEE International Conference on Service Operations and Logistics, and Informatics (SOLI)","raw_type":"proceedings-article"},"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100666287","display_name":"Jianwen Zhang","orcid":"https://orcid.org/0000-0001-8292-6760"},"institutions":[{"id":"https://openalex.org/I200845125","display_name":"Nanjing University of Information Science and Technology","ror":"https://ror.org/02y0rxk19","country_code":"CN","type":"education","lineage":["https://openalex.org/I200845125"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jianwen Zhang","raw_affiliation_strings":["School of Management Science and Engineering, Nanjing University of Information Science &#x0026; Technology,Nanjing,Jiangsu,China,210007"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management Science and Engineering, Nanjing University of Information Science &#x0026; Technology,Nanjing,Jiangsu,China,210007","institution_ids":["https://openalex.org/I200845125"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5108081400","display_name":"Ruifeng Sun","orcid":null},"institutions":[{"id":"https://openalex.org/I200845125","display_name":"Nanjing University of Information Science and Technology","ror":"https://ror.org/02y0rxk19","country_code":"CN","type":"education","lineage":["https://openalex.org/I200845125"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Ruifeng Sun","raw_affiliation_strings":["School of Management Science and Engineering, Nanjing University of Information Science &#x0026; Technology,Nanjing,Jiangsu,China,210007"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management Science and Engineering, Nanjing University of Information Science &#x0026; Technology,Nanjing,Jiangsu,China,210007","institution_ids":["https://openalex.org/I200845125"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5029904482","display_name":"Yuwei Long","orcid":null},"institutions":[{"id":"https://openalex.org/I20382870","display_name":"Missouri University of Science and Technology","ror":"https://ror.org/00scwqd12","country_code":"US","type":"education","lineage":["https://openalex.org/I20382870"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Yuwei Long","raw_affiliation_strings":["Missouri University of Science and Technology,Department of Computer Science,Rolla,MO,USA,65409"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Missouri University of Science and Technology,Department of Computer Science,Rolla,MO,USA,65409","institution_ids":["https://openalex.org/I20382870"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5073578061","display_name":"Rui Bo","orcid":"https://orcid.org/0000-0001-9108-1093"},"institutions":[{"id":"https://openalex.org/I20382870","display_name":"Missouri University of Science and Technology","ror":"https://ror.org/00scwqd12","country_code":"US","type":"education","lineage":["https://openalex.org/I20382870"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Rui Bo","raw_affiliation_strings":["Missouri University of Science and Technology,Department of Electrical and Computer Engineering,Rolla,MO,USA,65409"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Missouri University of Science and Technology,Department of Electrical and Computer Engineering,Rolla,MO,USA,65409","institution_ids":["https://openalex.org/I20382870"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5100414642","display_name":"Jian Liu","orcid":"https://orcid.org/0000-0001-9513-6952"},"institutions":[{"id":"https://openalex.org/I200845125","display_name":"Nanjing University of Information Science and Technology","ror":"https://ror.org/02y0rxk19","country_code":"CN","type":"education","lineage":["https://openalex.org/I200845125"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Jian Liu","raw_affiliation_strings":["School of Management Science and Engineering, Nanjing University of Information Science &#x0026; Technology,Nanjing,Jiangsu,China,210007"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Management Science and Engineering, Nanjing University of Information Science &#x0026; Technology,Nanjing,Jiangsu,China,210007","institution_ids":["https://openalex.org/I200845125"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":2,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":"1","last_page":"6"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10223","display_name":"Microgrid Control and Optimization","score":0.914900004863739,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10223","display_name":"Microgrid Control and Optimization","score":0.914900004863739,"subfield":{"id":"https://openalex.org/subfields/2207","display_name":"Control and Systems Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/energy-storage","display_name":"Energy storage","score":0.4732190668582916},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.4292581081390381},{"id":"https://openalex.org/keywords/environmental-economics","display_name":"Environmental economics","score":0.4239354133605957},{"id":"https://openalex.org/keywords/energy","display_name":"Energy (signal processing)","score":0.4216195046901703},{"id":"https://openalex.org/keywords/natural-resource-economics","display_name":"Natural resource economics","score":0.37263140082359314},{"id":"https://openalex.org/keywords/environmental-science","display_name":"Environmental science","score":0.35446953773498535},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.2357611060142517},{"id":"https://openalex.org/keywords/thermodynamics","display_name":"Thermodynamics","score":0.11325731873512268},{"id":"https://openalex.org/keywords/physics","display_name":"Physics","score":0.10622984170913696}],"concepts":[{"id":"https://openalex.org/C73916439","wikidata":"https://www.wikidata.org/wiki/Q837718","display_name":"Energy storage","level":3,"score":0.4732190668582916},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.4292581081390381},{"id":"https://openalex.org/C134560507","wikidata":"https://www.wikidata.org/wiki/Q753291","display_name":"Environmental economics","level":1,"score":0.4239354133605957},{"id":"https://openalex.org/C186370098","wikidata":"https://www.wikidata.org/wiki/Q442787","display_name":"Energy (signal processing)","level":2,"score":0.4216195046901703},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.37263140082359314},{"id":"https://openalex.org/C39432304","wikidata":"https://www.wikidata.org/wiki/Q188847","display_name":"Environmental science","level":0,"score":0.35446953773498535},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2357611060142517},{"id":"https://openalex.org/C97355855","wikidata":"https://www.wikidata.org/wiki/Q11473","display_name":"Thermodynamics","level":1,"score":0.11325731873512268},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.10622984170913696},{"id":"https://openalex.org/C163258240","wikidata":"https://www.wikidata.org/wiki/Q25342","display_name":"Power (physics)","level":2,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1109/soli63266.2024.10956045","is_oa":false,"landing_page_url":"https://doi.org/10.1109/soli63266.2024.10956045","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"2024 IEEE International Conference on Service Operations and Logistics, and Informatics (SOLI)","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G8818343186","display_name":"\u590d\u6742\u88c5\u5907\u534f\u540c\u7814\u5236\u8fc7\u7a0b\u4e0d\u786e\u5b9a\u51b3\u7b56\u95ee\u9898\u7b97\u6cd5\u4e0e\u6a21\u578b\u7814\u7a76","funder_award_id":"72071112","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":58,"referenced_works":["https://openalex.org/W2910849319","https://openalex.org/W3007469183","https://openalex.org/W3016068557","https://openalex.org/W3035378261","https://openalex.org/W3084916009","https://openalex.org/W3092158494","https://openalex.org/W3094745275","https://openalex.org/W3095311430","https://openalex.org/W3117257551","https://openalex.org/W3119025527","https://openalex.org/W3134780403","https://openalex.org/W3138547377","https://openalex.org/W3144237160","https://openalex.org/W3153597200","https://openalex.org/W3173656428","https://openalex.org/W3179456407","https://openalex.org/W3180544978","https://openalex.org/W3197003395","https://openalex.org/W3209108050","https://openalex.org/W3214961593","https://openalex.org/W4200216733","https://openalex.org/W4206292718","https://openalex.org/W4206735362","https://openalex.org/W4210245872","https://openalex.org/W4220950211","https://openalex.org/W4225009817","https://openalex.org/W4225727878","https://openalex.org/W4226289419","https://openalex.org/W4285082129","https://openalex.org/W4285245609","https://openalex.org/W4285269640","https://openalex.org/W4288391536","https://openalex.org/W4288782576","https://openalex.org/W4295836031","https://openalex.org/W4308571666","https://openalex.org/W4311072855","https://openalex.org/W4311946466","https://openalex.org/W4312452700","https://openalex.org/W4312555323","https://openalex.org/W4313140128","https://openalex.org/W4313467179","https://openalex.org/W4313590760","https://openalex.org/W4315482364","https://openalex.org/W4319457540","https://openalex.org/W4320921448","https://openalex.org/W4361226218","https://openalex.org/W4361763575","https://openalex.org/W4365814701","https://openalex.org/W4378188715","https://openalex.org/W4385295057","https://openalex.org/W4385741591","https://openalex.org/W4386038564","https://openalex.org/W4386170700","https://openalex.org/W4388794301","https://openalex.org/W4389753560","https://openalex.org/W4390044041","https://openalex.org/W4390615410","https://openalex.org/W4390880480"],"related_works":["https://openalex.org/W3153616033","https://openalex.org/W4381857036","https://openalex.org/W4293860064","https://openalex.org/W4366548010","https://openalex.org/W3007404728","https://openalex.org/W3035656824","https://openalex.org/W3082848634","https://openalex.org/W3160208840","https://openalex.org/W4390600655","https://openalex.org/W2374021052"],"abstract_inverted_index":{"Energy":[0],"storage,":[1,63],"pivotal":[2],"for":[3,111],"addressing":[4],"the":[5,15,58,66,74,103,116],"challenges":[6],"of":[7,53,61,68,106],"renewable":[8],"energy's":[9],"intermittent":[10],"output,":[11],"has":[12],"significantly":[13],"enhanced":[14],"power":[16],"grid's":[17],"flexibility,":[18],"stability,":[19],"and":[20,29,46,73,97,109,119],"efficiency.":[21],"This":[22,100],"paper":[23,101],"delves":[24],"into":[25],"energy":[26,62,90,107],"storage's":[27],"economic":[28,59],"societal":[30],"impacts,":[31],"exploring":[32],"five":[33],"key":[34],"areas:":[35],"optimal":[36],"operational":[37],"strategies,":[38],"capacity":[39],"issues,":[40],"market":[41,76,117],"impact,":[42],"social":[43,81,95],"welfare":[44,96],"enhancement,":[45],"emissions":[47],"reduction":[48],"through":[49],"a":[50],"systematic":[51],"review":[52],"recent":[54],"literature.":[55],"By":[56],"reviewing":[57],"impact":[60,82],"we":[64],"recognize":[65],"advantages":[67],"artificial":[69],"intelligence":[70],"(AI)":[71],"technology":[72],"imperfect":[75],"mechanisms.":[77],"Studies":[78],"on":[79],"its":[80],"indicate":[83],"that,":[84],"while":[85],"driven":[86],"by":[87],"commercial":[88],"interests,":[89],"storage":[91,108],"can":[92],"also":[93],"enhance":[94],"reduce":[98],"emissions.":[99],"underscores":[102],"developmental":[104],"potential":[105],"advocates":[110],"positive":[112],"engagement":[113],"from":[114],"both":[115],"players":[118],"government":[120],"agencies.":[121]},"counts_by_year":[],"updated_date":"2026-07-14T23:27:15.235271","created_date":"2025-10-10T00:00:00"}
