Analyis of a Potential Single and Combined Business Model for Stationary Battery Storage Systems

Klausen, Mira; Resch, Matthias; Bühler, Jochen

doi:10.1016/j.egypro.2016.10.122

Cited by 9 publications

(5 citation statements)

References 3 publications

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“…A Despite the abundance of literature available, studies are mostly directed towards former¸ while the latter is rarely investigated. So, in most cases, BESS installation does not seem to provide promising margins to operate economically [30], [32]. Therefore, it is essential to specify and analyze various use cases to evaluate if BESS services could yield a profitable investment, and then determine the revenue streams with respect to those specified use cases [33]- [36].…”

Section: Site Selection Criteria For Providing Grid Services -Ecomentioning

confidence: 99%

Site Selection Criteria for Battery Energy Storage in Power Systems

Hameed

Hashemi

Træholt

2020

2020 IEEE Canadian Conference on Electrical and Computer Engineering (CCECE)

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Battery energy storage systems (BESSs) have gained potential recognition for the grid services they can offer to power systems. Choosing an appropriate BESS location plays a key role in maximizing benefits from those services. This paper aims at analyzing the significance of site selection for placement of BESS in a power grid by providing a techno-economic evaluation with respect to specific grid services it can deliver, and benefits that can be extracted from those services in the form of revenue streams. The focus of the previous studies extended in this direction has been limited to the optimization techniques and software tools being used for BESS siting. However, questions around the benefits that stakeholders can derive from BESSs located at different levels of power network still remain unanswered. This paper handles those questions by drawing a link between technical considerations essential for BESS placement and their economic evaluations.

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Section: Site Selection Criteria For Providing Grid Services -Ecomentioning

confidence: 99%

Site Selection Criteria for Battery Energy Storage in Power Systems

Hameed

Hashemi

Træholt

2020

2020 IEEE Canadian Conference on Electrical and Computer Engineering (CCECE)

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“…Ergo, the focus of this work lies on operating strategies for the maximisation of self consumption (subsection 5.2) and primary frequency control (subsection 5.3). Another approach is to combine complementary business models, this may increase the profit compared to a single revenue stream [122].…”

Section: (Ii) Control Reserve Marketsmentioning

confidence: 99%

Impact of operation strategies of large scale battery systems on distribution grid planning in Germany

Resch

Bühler

Klausen

et al. 2017

Renewable and Sustainable Energy Reviews

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Due to the increasing penetration of fluctuating distributed generation electrical grids require reinforcement, in order to secure a grid operation in accordance with given technical specifications. This grid reinforcement often leads to over-dimensioning of the distribution grids. Therefore, traditional and recent advances in distribution grid planning are analysed and possible alternative applications with large scale battery storage systems are reviewed. The review starts with an examination of possible revenue streams along the value chain of the German electricity market. The resulting operation strategies of the two most promising business cases are discussed in detail, and a project overview in which these strategies are applied is presented. Finally, the impact of the operation strategies are assessed with regard to distribution grid planning.Postprint (author's final draft

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“…For example, T&D investment deferral has a synergy with most other applications, as length of ESS use by this application is relatively low and the ESS capacity can be used for other applications. In addition, load following has a synergy with many other applications because ESS can provide load following while it is charging [99], or reserve capacity can have synergy with RET arbitrage [100] In addition, some applications can have both synergies and conflicts with other applications according to differences in the supply and demand conditions [101].…”

Section: Stacking Benefitsmentioning

confidence: 99%