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

Research output: Chapter in Book/Report/Conference proceedingConference contributionAcademicpeer-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 languageEnglish
Title of host publicationProceedings 49th International Universities' Power Engineering Conference (UPEC) 2014, 2-5 September 2014, Cluj-Napoca, Romania
PublisherInstitute of Electrical and Electronics Engineers
Pages1-6
ISBN (Print)978-1-4799-6556-4
DOIs
Publication statusPublished - 2014
Event49th International Universities' Power Engineering Conference (UPEC 2014) - Technical University of Cluj-Napoca, Cluj-Napoca, Romania
Duration: 2 Sep 20145 Sep 2014
Conference number: 49
http://www.upec2014.com/

Conference

Conference49th International Universities' Power Engineering Conference (UPEC 2014)
Abbreviated titleUPEC 2014
CountryRomania
CityCluj-Napoca
Period2/09/145/09/14
Internet address

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