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

7 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	Romania
City	Cluj-Napoca
Period	2/09/14 → 5/09/14
Internet address	http://www.upec2014.com/

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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

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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.",

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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

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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.

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

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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