Co-Optimization of Behind-the-Meter and Front-of-Meter Value Streams in Community Batteries

Autor: Carmen Bas Domenech, Antonella Maria De Corato, Pierluigi Mancarella
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Journal of Modern Power Systems and Clean Energy, Vol 12, Iss 2, Pp 334-345 (2024)
Druh dokumentu: article
ISSN: 2196-5420
DOI: 10.35833/MPCE.2023.000746
Popis: Community batteries (CBs) are emerging to support and even enable energy communities and generally help consumers, especially space-constrained ones, to access potential techno-economic benefits from storage and support local grid decarbonization. However, the economic viability of CB projects is often uncertain. In this regard, typical feasibility studies assess CB value for behind-the-meter (BTM) operation or whole-sale market participation, i.e., front-of-meter (FOM). This work proposes a novel techno-economic operational framework that allows systematic assessment of the different options and introduces a two-meter architecture that co-optimizes both BTM and FOM benefits. A real CB project application in Australia is used to demonstrate the significant two-meter co-optimization opportunities that could enhance the business case of CB and energy communities by multi-service provision and value stacking.
Databáze: Directory of Open Access Journals