A model for the estimation of the cost of use of Li-Ion batteries in residential storage applications integrated with PV panels

E. Karanasios; M. Ampatzis; P.H. Nguyen; W.L. Kling; A.A.G. Zwam, van

doi:10.1109/UPEC.2014.6934739

A model for the estimation of the cost of use of Li-Ion batteries in residential storage applications integrated with PV panels

E. Karanasios, M. Ampatzis, P.H. Nguyen, W.L. Kling, A.A.G. Zwam, van

Electrical Energy Systems

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

8 Citations (Scopus)

6 Downloads (Pure)

Abstract

The increasing penetration of intermittent Renewable Energy Sources (RES) such as PV generators in the residential distribution grid raises technical concerns. Residential energy storage is an enabling technology for mitigating the adverse effects of the increasing RES penetration and provides the necessary flexibility for its owner to participate in electricity markets or in market-based control schemes. This paper presents a model for calculating the "cost of use" for Li-Ion batteries. The cost of use depends on the usage pattern of the battery, indicated by the Depth of Discharge (DoD). Knowledge of the "cost of use" is needed for the economic optimization of the PV-storage system and the bid formulation in the electricity market.

Original language	English
Title of host publication	Proceedings 49th International Universities' Power Engineering Conference (UPEC) 2014, 2-5 September 2014, Cluj-Napoca, Romania
Publisher	Institute of Electrical and Electronics Engineers
Pages	1-6
ISBN (Print)	978-1-4799-6556-4
DOIs	https://doi.org/10.1109/UPEC.2014.6934739
Publication status	Published - 2014
Event	49th International Universities' Power Engineering Conference (UPEC 2014) - Technical University of Cluj-Napoca, Cluj-Napoca, Romania Duration: 2 Sep 2014 → 5 Sep 2014 Conference number: 49 http://www.upec2014.com/

Conference

Conference	49th International Universities' Power Engineering Conference (UPEC 2014)
Abbreviated title	UPEC 2014
Country/Territory	Romania
City	Cluj-Napoca
Period	2/09/14 → 5/09/14
Internet address	http://www.upec2014.com/

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1109/UPEC.2014.6934739

Cite this

Karanasios, E., Ampatzis, M., Nguyen, P. H., Kling, W. L., & Zwam, van, A. A. G. (2014). A model for the estimation of the cost of use of Li-Ion batteries in residential storage applications integrated with PV panels. In Proceedings 49th International Universities' Power Engineering Conference (UPEC) 2014, 2-5 September 2014, Cluj-Napoca, Romania (pp. 1-6). Institute of Electrical and Electronics Engineers. https://doi.org/10.1109/UPEC.2014.6934739

Karanasios, E. ; Ampatzis, M. ; Nguyen, P.H. ; Kling, W.L. ; Zwam, van, A.A.G. / A model for the estimation of the cost of use of Li-Ion batteries in residential storage applications integrated with PV panels. Proceedings 49th International Universities' Power Engineering Conference (UPEC) 2014, 2-5 September 2014, Cluj-Napoca, Romania. Institute of Electrical and Electronics Engineers, 2014. pp. 1-6

@inproceedings{806b54485f0a49bbbeb9e2eecb1412ee,

title = "A model for the estimation of the cost of use of Li-Ion batteries in residential storage applications integrated with PV panels",

abstract = "The increasing penetration of intermittent Renewable Energy Sources (RES) such as PV generators in the residential distribution grid raises technical concerns. Residential energy storage is an enabling technology for mitigating the adverse effects of the increasing RES penetration and provides the necessary flexibility for its owner to participate in electricity markets or in market-based control schemes. This paper presents a model for calculating the {"}cost of use{"} for Li-Ion batteries. The cost of use depends on the usage pattern of the battery, indicated by the Depth of Discharge (DoD). Knowledge of the {"}cost of use{"} is needed for the economic optimization of the PV-storage system and the bid formulation in the electricity market.",

author = "E. Karanasios and M. Ampatzis and P.H. Nguyen and W.L. Kling and {Zwam, van}, A.A.G.",

year = "2014",

doi = "10.1109/UPEC.2014.6934739",

language = "English",

isbn = "978-1-4799-6556-4",

pages = "1--6",

booktitle = "Proceedings 49th International Universities' Power Engineering Conference (UPEC) 2014, 2-5 September 2014, Cluj-Napoca, Romania",

publisher = "Institute of Electrical and Electronics Engineers",

address = "United States",

note = "49th International Universities' Power Engineering Conference (UPEC 2014), UPEC 2014 ; Conference date: 02-09-2014 Through 05-09-2014",

url = "http://www.upec2014.com/",

}

Karanasios, E, Ampatzis, M, Nguyen, PH, Kling, WL & Zwam, van, AAG 2014, A model for the estimation of the cost of use of Li-Ion batteries in residential storage applications integrated with PV panels. in Proceedings 49th International Universities' Power Engineering Conference (UPEC) 2014, 2-5 September 2014, Cluj-Napoca, Romania. Institute of Electrical and Electronics Engineers, pp. 1-6, 49th International Universities' Power Engineering Conference (UPEC 2014), Cluj-Napoca, Romania, 2/09/14. https://doi.org/10.1109/UPEC.2014.6934739

A model for the estimation of the cost of use of Li-Ion batteries in residential storage applications integrated with PV panels. / Karanasios, E.; Ampatzis, M.; Nguyen, P.H.; Kling, W.L.; Zwam, van, A.A.G.

Proceedings 49th International Universities' Power Engineering Conference (UPEC) 2014, 2-5 September 2014, Cluj-Napoca, Romania. Institute of Electrical and Electronics Engineers, 2014. p. 1-6.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › Academic › peer-review

TY - GEN

T1 - A model for the estimation of the cost of use of Li-Ion batteries in residential storage applications integrated with PV panels

AU - Karanasios, E.

AU - Ampatzis, M.

AU - Nguyen, P.H.

AU - Kling, W.L.

AU - Zwam, van, A.A.G.

N1 - Conference code: 49

PY - 2014

Y1 - 2014

N2 - The increasing penetration of intermittent Renewable Energy Sources (RES) such as PV generators in the residential distribution grid raises technical concerns. Residential energy storage is an enabling technology for mitigating the adverse effects of the increasing RES penetration and provides the necessary flexibility for its owner to participate in electricity markets or in market-based control schemes. This paper presents a model for calculating the "cost of use" for Li-Ion batteries. The cost of use depends on the usage pattern of the battery, indicated by the Depth of Discharge (DoD). Knowledge of the "cost of use" is needed for the economic optimization of the PV-storage system and the bid formulation in the electricity market.

AB - The increasing penetration of intermittent Renewable Energy Sources (RES) such as PV generators in the residential distribution grid raises technical concerns. Residential energy storage is an enabling technology for mitigating the adverse effects of the increasing RES penetration and provides the necessary flexibility for its owner to participate in electricity markets or in market-based control schemes. This paper presents a model for calculating the "cost of use" for Li-Ion batteries. The cost of use depends on the usage pattern of the battery, indicated by the Depth of Discharge (DoD). Knowledge of the "cost of use" is needed for the economic optimization of the PV-storage system and the bid formulation in the electricity market.

U2 - 10.1109/UPEC.2014.6934739

DO - 10.1109/UPEC.2014.6934739

M3 - Conference contribution

SN - 978-1-4799-6556-4

SP - 1

EP - 6

BT - Proceedings 49th International Universities' Power Engineering Conference (UPEC) 2014, 2-5 September 2014, Cluj-Napoca, Romania

PB - Institute of Electrical and Electronics Engineers

T2 - 49th International Universities' Power Engineering Conference (UPEC 2014)

Y2 - 2 September 2014 through 5 September 2014

ER -

Karanasios E, Ampatzis M, Nguyen PH, Kling WL, Zwam, van AAG. A model for the estimation of the cost of use of Li-Ion batteries in residential storage applications integrated with PV panels. In Proceedings 49th International Universities' Power Engineering Conference (UPEC) 2014, 2-5 September 2014, Cluj-Napoca, Romania. Institute of Electrical and Electronics Engineers. 2014. p. 1-6 https://doi.org/10.1109/UPEC.2014.6934739

A model for the estimation of the cost of use of Li-Ion batteries in residential storage applications integrated with PV panels

Abstract

Conference

UN SDGs

Access to Document

Fingerprint

Cite this