Sizing and Optimal Operation of Battery Energy Storage System for Peak Shaving Application

This paper presents a sizing methodology and optimal operating strategy for a battery energy storage system (BESS) to provide a peak load shaving. The sizing methodology is used to maximize a customer's economic benefit by reducing the power demand payment with a BESS of a minimum capacity, i.e...

Ausführliche Beschreibung

Gespeichert in:

Bibliographische Detailangaben
Hauptverfasser:	Oudalov, A., Cherkaoui, R., Beguin, A.
Format:	Tagungsbericht
Sprache:	eng
Schlagworte:	Batteries battery energy storage system Cost function Distributed power generation Dynamic programming Energy consumption Energy storage Industrial plants optimal capacity Peak load shaving Power demand Power generation economics Power system economics
Online-Zugang:	Volltext bestellen
Tags:	Tag hinzufügen Keine Tags, Fügen Sie den ersten Tag hinzu!

Beschreibung
Zusammenfassung:	This paper presents a sizing methodology and optimal operating strategy for a battery energy storage system (BESS) to provide a peak load shaving. The sizing methodology is used to maximize a customer's economic benefit by reducing the power demand payment with a BESS of a minimum capacity, i.e. a system with a lowest cost. The BESS optimal operating strategy is based on dynamic programming and is aimed to minimize the energy cost while satisfying battery physical constraints.
DOI:	10.1109/PCT.2007.4538388