Battery-as-a-Service (BaaS) is a business model where the end consumers pay per kilowatt-hour of energy storage capacity instead of having direct access to the batteries. In this case, the provision of batteries, their maintenance, monitoring and the replacement is the responsibility of the service provider. There are several benefits of BaaS, which are explained as follows: The initial cost of setting up battery storage is relatively low; second, battery storage management is not complicated and does not require a lot of resources; third, adopting the latest battery technology does not require a great deal of investment since it is managed by BaaS operators