Search results for "Peak load shaving"

showing 3 items of 3 documents

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

Optimization of BESS Capacity Under a Peak Load Shaving Strategy

2018

Battery energy storage systems (BESSs) are becoming increasingly competitive in the global energy landscape, thanks to the strong cost reduction that has taken place in recent years and it is expected to continue in the next future. Among the many benefits BESSs can provide, time shifting can be exploited by electricity consumers to save on the electricity bill, charging the storage during the off-peak hours and discharging when the cost of electricity is high. This paper describes a simple procedure to optimize the BESS capacity under a peak load shaving strategy, in presence of a time-of-use (TOU) electricity rate, able to guarantee, at the same time, the flattest daily power diagram and …

peak shaving strategyComputer sciencebusiness.industry020209 energy02 engineering and technologyTime shiftingpeak demand chargeBattery energy storage systemAutomotive engineeringPeak load shavingRenewable energySettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaCost reduction0202 electrical engineering electronic engineering information engineeringPower diagramElectricitybattery energy storage systembusinessCost of electricity by source2018 IEEE International Conference on Environment and Electrical Engineering and 2018 IEEE Industrial and Commercial Power Systems Europe (EEEIC / I&CPS Europe)
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