Profitable Multi-Use of Battery Energy Storage in Outage Mitigation and as Frequency Reserve

Autor:	Olli Vilppo, Joni Markkula, Jenni Rekola, Antti Rautiainen, Kai Vuorilehto, Pertti Järventausta
Rok vydání:	2018
Předmět:	Electric power system Computer science Capital cost Profitability index Electrical and Electronic Engineering Converters Investment (macroeconomics) Utilization rate Energy storage Reliability engineering Power (physics)
Zdroj:	International Review of Electrical Engineering (IREE). 13:185
ISSN:	2533-2244 1827-6660
DOI:	10.15866/iree.v13i3.14196
Popis:	Battery energy storage (BES) systems have high capital costs and low operational costs. This means that in order to introduce profitable BES applications, a high utilization rate should be achieved. The target of this study was to analyze the profitability of the BES system connected to a low voltage distribution network. The BES system is used for the power system’s frequency containment reserve (FCR-D) and to minimize customer interruption costs (CIC) according to the Finnish regulation model. Investment costs, including the required power electronic converters as well as the costs related to the lifetime decrease of the BES system during the 15-year period, are taken into account in the economic analysis. The FCR-D and CIC mitigation incomes are based on real measured data from the Finnish TSO and DSO. According to the results, the BES is a profitable investment if both FCR-D cost and CIC mitigation are used.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::ef6d8bff5f7c82dd0999f771bd9cd6ce https://doi.org/10.15866/iree.v13i3.14196 Zobrazit plný text záznamu