Search results for "optimal storage design"

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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)
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