Search results for "TOU tariff"
showing 2 items of 2 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…
DEMAND Project: A Peak Load Shaving Strategy for End-User Consumers
2018
Battery energy storage systems (BESS) are becoming increasingly widespread in modern power systems, thanks to the important benefits they can provide to the electricity grid. Indeed, BESS can be used in time shifting applications, storing energy during off-peak periods and discharging during peak times (when the cost of electricity is high). When BESS are used for peak shaving purposes, they also contribute to relieve peak demand charges, thus ensuring a saving for the consumers. This paper describes a peak load shaving strategy defined within the DEMAND project. The strategy is able to guarantee the flattest daily power diagram and the maximum benefit for the electricity consumers, reducin…