2023
DOI: 10.1109/access.2022.3232282
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Optimal Scheduling and Cost-Benefit Analysis of Lithium-Ion Batteries Based on Battery State of Health

Abstract: This paper presents a novel battery degradation cost (BDC) model for lithium-ion batteries (LIBs) based on accurately estimating the battery lifetime. For this purpose, a linear cycle counting algorithm is devised to estimate the battery cycle aging. In this algorithm, the local maximum and minimum values of the profile of the battery state of charge are identified by the proposed linear formulations. Then, the battery cycle aging due to the complete and incomplete cycles is determined. In this step, the batte… Show more

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Cited by 6 publications
(2 citation statements)
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“…In [32], the superiority of Lithium-ion-Batteries (LiBs) and the Vanadium Redox Flow Battery (VRFB) technologies have been proved for both CES ownership scenarios (individual ownership and shared ownership between DSO and aggregator). Also, [4,33] confirms this result by comparing the performance of Li-ion batteries, lead-acid batteries, nickel-cadmium batteries, sodium-sulfur, and redox flow batteries for CES architecture. To attract all benefits from CES investment, like any ESS, proper subsidy policies and investment decision-making mechanism is a must and can be ensured for the investment value of the microgrid and reduce the initial cost of such a capitalintensive component as reported in [34].…”
Section: B Literature Reviewsupporting
confidence: 61%
“…In [32], the superiority of Lithium-ion-Batteries (LiBs) and the Vanadium Redox Flow Battery (VRFB) technologies have been proved for both CES ownership scenarios (individual ownership and shared ownership between DSO and aggregator). Also, [4,33] confirms this result by comparing the performance of Li-ion batteries, lead-acid batteries, nickel-cadmium batteries, sodium-sulfur, and redox flow batteries for CES architecture. To attract all benefits from CES investment, like any ESS, proper subsidy policies and investment decision-making mechanism is a must and can be ensured for the investment value of the microgrid and reduce the initial cost of such a capitalintensive component as reported in [34].…”
Section: B Literature Reviewsupporting
confidence: 61%
“…In the aging analysis of Li-ion batteries, different degradation mechanisms have been linked to degradation modes that contribute to power and capacity fading. Some researchers have identified the loss of lithium inventory (LLI) and loss of active materials (LAM) in the anode and cathode as degradation modes [75], [76], whereas others have extended this further to include an increase in the internal resistance (IR) [77], [78], which is inversely referred to as conductivity loss (CL) in [79], [80]. The most prevalent mode of degradation in cell capacity fading is LLI.…”
Section: B Degradation Modes and Effectsmentioning
confidence: 99%