Search results for "Battery energy storage"

showing 10 items of 18 documents

Economic feasibility of stationary electrochemical storages for electric bill management applications: The Italian scenario

2016

Battery energy storage systems (BESSs) are expected to become a fundamental element of the electricity infrastructure, thanks to their ability to decouple generation and demand over time. BESSs can also be used to store electricity during low-price hours, when the demand is low, and to meet the demand during peak hours, thus leading to savings for the consumer. This work focuses on the economic viability of BESS from the point of view of the electricity customer. The analysis refers to a lithium-ion (Li-ion), an advanced lead-acid, a zinc-based, a sodium-sulphur (NaS) and a flow battery. The total investment and replacement costs are estimated in order to calculate the cumulated cash flow, …

020209 energytechnical-economical evaluationPeak demand charges02 engineering and technologyManagement Monitoring Policy and Lawpeak demand chargeProfit (economics)load shiftingcase studyPeak demand0202 electrical engineering electronic engineering information engineeringEconomicsPresent valuebusiness.industryElectrical engineeringInternal rate of returnBattery energy storageEnvironmental economics021001 nanoscience & nanotechnologyFlow batteryLoad shifting;Technical-economical evaluation;Battery energy storage;Peak demand charges;Case studySettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaGeneral EnergyCash flowElectricity0210 nano-technologybusinessLoad shifting
researchProduct

Autonomous Operation of Stationary Battery Energy Storage Systems—Optimal Storage Design and Economic Potential

2021

Global warming requires a changeover from fossil fuel based to renewable energy sources on the electrical supply side and electrification of the demand side. Due to the transient nature of renewables and fluctuating demand, buffer capacities are necessary to compensate for supply/demand imbalances. Battery energy storage systems are promising. However, the initial costs are high. Repurposing electric vehicle batteries can reduce initial costs. Further, storage design optimization could significantly improve costs. Therefore, a battery control algorithm was developed, and a simulation study was performed to identify the optimal storage design and its economic potential. The algorithm used is…

Battery (electricity)Control and Optimizationbusiness.product_categoryoptimal storage design020209 energyEnergy Engineering and Power Technologyeconomic potential02 engineering and technology010501 environmental scienceslcsh:Technology01 natural sciencesStandard deviationfluctuating electric supply and demandElectrificationElectric vehicle0202 electrical engineering electronic engineering information engineeringEconometricsVDP::Matematikk og Naturvitenskap: 400::Geofag: 450Electrical and Electronic EngineeringEngineering (miscellaneous)0105 earth and related environmental sciencesday-ahead stock market priceautonomous optimizationlcsh:TRenewable Energy Sustainability and the Environmentbusiness.industryChangeoverRenewable energyIncentiveEnvironmental scienceElectricitybattery energy storage systemsbusinessEnergy (miscellaneous)
researchProduct

Stationary battery systems in the main world markets: Part 2: Main trends and prospects

2017

Stationary battery systems are gaining a lot of interest in recent years, mainly because of their ability to balance generation and demand of electricity over time. The intermittent nature of renewable generation connected to the power grid is causing major stability and reliability issues in the power system, that can be solved also using stationary storage systems, able to provide the ancillary services necessary to the proper operation of the power network. Despite the considerable advantages offered by these technologies, the electrochemical storage industry is still in the nascent state and it is important to identify the main trends and prospects in relation to future technical develo…

Battery (electricity)EngineeringEnvironmental EngineeringRelation (database)Operations researchApplicationbusiness.industry020209 energyEnergy Engineering and Power TechnologyBattery energy storageSubsidy02 engineering and technologyEnvironmental economicsIndustrial and Manufacturing EngineeringEnergy storageDatabaseSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaElectric power systemWork (electrical)Regulatory framework0202 electrical engineering electronic engineering information engineeringUse caseElectricityElectrical and Electronic Engineeringbusiness2017 IEEE International Conference on Environment and Electrical Engineering and 2017 IEEE Industrial and Commercial Power Systems Europe (EEEIC / I&CPS Europe)
researchProduct

A Simple Operating Strategy of Small-Scale Battery Energy Storages for Energy Arbitrage under Dynamic Pricing Tariffs

2015

Price arbitrage involves taking advantage of an electricity price difference, storing electricity during low-prices times, and selling it back to the grid during high-prices periods. This strategy can be exploited by customers in presence of dynamic pricing schemes, such as hourly electricity prices, where the customer electricity cost may vary at any hour of day, and power consumption can be managed in a more flexible and economical manner, taking advantage of the price differential. Instead of modifying their energy consumption, customers can install storage systems to reduce their electricity bill, shifting the energy consumption from on-peak to off-peak hours. This paper develops a deta…

Control and OptimizationOperations researchEnergy managementEnergy Engineering and Power Technologylcsh:TechnologyLoad profilePrice arbitrageMicroeconomicsEconomicsElectricity marketElectrical and Electronic EngineeringEngineering (miscellaneous)Hourly electricity pricelcsh:TRenewable Energy Sustainability and the Environmentbusiness.industryComputer Science (all)Energy managementEnergy consumptionOptimal operationRenewable energySettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaStand-alone power systemhourly electricity pricesDynamic pricingprice arbitrage; battery energy storage system; optimal operation; hourly electricity prices; energy managementElectricitybusinessBattery energy storage systemEnergy (miscellaneous)Energies
researchProduct

Energy Management of a Hybrid Photovoltaic-Wind System with Battery Storage: A Case Report

2019

This work presents a case report related to the management and the monitoring of a hybrid photovoltaic-wind system with battery energy storage, installed at the administrative offices building of the municipality of Valderice (Italy) within the framework of the Italy-Tunisia ENPI cooperation project Le Développement Durable Dans la Production Energétique Dans le Territoire (DE.DU.ENER.T.). The paper describes the hybrid system and briefly reports the monitoring data for a whole year, comparing the real production with the expected one and evaluating some performance indexes of the system. The performance indexes are very simple and have been defined only with the purpose of sh…

Control logicsEnergy managementEnergy Engineering and Power TechnologyHybrid plantControl logicEnvironmental Science (miscellaneous)Wind systemlcsh:TechnologyBatterieAutomotive engineeringlcsh:HD72-88lcsh:Economic growth development planningPower systemsBatteriesDistributed generation.Photovoltaic systemsPhotovoltaic systemHybrid plantsPower systemWater Science and TechnologyRenewable Energy Sustainability and the Environmentlcsh:TPhotovoltaic systemSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaSustainabilityEnvironmental scienceBattery storagePower systems;Photovoltaic systems;Battery energy storage system;Hybrid plants;Batteries;Control logics;Sustainability;Distributed generation.Distributed generationBattery energy storage systemJournal of Sustainable Development of Energy, Water and Environment Systems
researchProduct

Battery storage systems for peak load shaving applications: Part 2: Economic feasibility and sensitivity analysis

2016

This paper is the second of a two-part series, aiming to evaluate the economic feasibility of electrochemical storage systems in peak load shaving applications. The battery energy storage system (BESS) is considered to be added to a private facility, with the aim of reducing the customer electricity bill. The BESS is charged during the night, when the electricity prices are the lowest and discharged during the daily hours, when the prices are the highest, contemporary achieving a leveling of the daily usage pattern. The economical evaluations are carried out considering four different electrochemical technologies: lithium-ion (li-ion), advanced lead-acid, sodium-sulphur (NaS) and flow batte…

EngineeringPresent valuebusiness.industryTotal cost020209 energytechnical-economical evaluationInternal rate of returnBattery energy storage02 engineering and technologyEnvironmental economicsInvestment (macroeconomics)Settore ING-IND/33 - Sistemi Elettrici Per L'Energiapeak load shavingIncentivePeak demanddemand charge0202 electrical engineering electronic engineering information engineeringForensic engineeringparametric analysisSensitivity (control systems)Electricitybusiness
researchProduct

Stationary battery technologies in the U.S.: Development Trends and prospects

2017

Abstract In the last years, stationary battery systems started to attract the attention of stakeholders thanks to their unique ability to decouple power generation and load over time, providing the ancillary services necessary for the stability and the reliability of the electrical system. This is especially true in the presence of high levels of penetration of renewable energy technologies, like wind and solar photovoltaic (PV), because of increased fluctuations in the electricity produced by these renewable sources. Despite the growing interest in energy storage technologies, the academic literature has not completely assessed the development trends of this sector. In order to fill this g…

EngineeringRenewable Energy Sustainability and the Environmentbusiness.industryApplicationU.S.020209 energyPhotovoltaic systemLegislationBattery energy storage02 engineering and technologyProjectEnvironmental economicsEnergy storageRenewable energyDatabaseSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaElectric power systemElectricity generationRegulatory framework0202 electrical engineering electronic engineering information engineeringUse caseOperations managementElectricitybusiness
researchProduct

Stationary battery systems in the main world markets: Part 1: Overview of the state-of-the-art

2017

The role of energy storage systems (ESSs) is becoming more and more important in modern power grids, mainly because of the higher penetration of intermittent renewable energy sources (RESs), such as solar and wind power, spurred by advantageous support policies carried out in several countries. The fluctuation nature of the energy produced by RESs is indeed leading to emerging power quality issues or to renewable curtailments. ESSs can be used to balance generation and demand of electricity over time, allowing a higher penetration of RESs into the power network. The energy storage industry is evolving rapidly, and new electrochemical technologies are entering the market. Besides, most elect…

EngineeringWind powerEnvironmental Engineeringbusiness.industry020209 energyBattery energy storageElectrical engineeringEnergy Engineering and Power TechnologyBattery energy storageTechnologie02 engineering and technologyEnvironmental economicsEnergy storageIndustrial and Manufacturing EngineeringRenewable energyCost reductionDatabaseSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaRegulatory framework0202 electrical engineering electronic engineering information engineeringPower qualityPower networkElectricityElectrical and Electronic Engineeringbusiness
researchProduct

Battery storage systems for peak load shaving applications: Part 1: Operating strategy and modification of the power diagram

2016

Battery Energy Storage Systems (BESSs) are gaining more and more attention in the current global energy landscape, thanks to some peculiar characteristics such as the versatility, modularity, scalability, fast response time, etc. BESSs can advantageously be used in the ancillary services market, in order to provide all the services necessary to ensure the stability and the reliability of the power system. Among other applications, BESS can also be used to shift electricity demand from on-peak to off-peak periods, also contributing to relieve peak demand charges, thus ensuring a saving for the customers. The BESS is charged when the electricity prices are the lowest (during the night) and di…

Engineeringbusiness.industry020209 energyElectrical engineeringResponse timeBattery energy storage02 engineering and technologypeak demand chargeAutomotive engineeringSizingTOU tariffPower (physics)Settore ING-IND/33 - Sistemi Elettrici Per L'Energiapeak load shavingcase studyElectric power systemPeak demandPeaking power plantScalability0202 electrical engineering electronic engineering information engineeringElectricitybusiness2016 IEEE 16th International Conference on Environment and Electrical Engineering (EEEIC)
researchProduct

GRID STABILITY IMPROVEMENT BY RES-BASED GENERATORS AND BATTERY ENERGY STORAGE SYSTEMS IN SMALL ISLANDS

2021

The integration of Renewable Energy Sources (RES) with power electronics interface to the grid, without the back-up of rotating inertia, endangers frequency stability. This issue becomes particularly critical in isolated power systems, like those of small islands not supplied by the main grid, in the case of high shares of production from unpredictable renewables such as photovoltaic and wind sources. Consequently, to preserve the security and the reliability of these systems, it is necessary to adopt new frequency adjustments mechanisms. In this context, the thesis investigates the transition toward an economically and technically feasible generating system based on RES, to achieve specifi…

Grid StabilityBattery Energy Storage Systems.LCoEInertial ResponseMediterranean SeaVirtual Synchronous MachineSea WaveRenewable EnergyVoltage Source Converter
researchProduct