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Publikācija: Cost-Benefit Analysis of Li-Ion Batteries in a Distribution Network

Publication Type Full-text conference paper published in conference proceedings indexed in SCOPUS or WOS database
Funding for basic activity Contract research work
Defending: ,
Publication language English (en)
Title in original language Cost-Benefit Analysis of Li-Ion Batteries in a Distribution Network
Field of research 2. Engineering and technology
Sub-field of research 2.2 Electrical engineering, Electronic engineering, Information and communication engineering
Research platform None
Authors Ļubova Petričenko
Zane Broka
Antans Sauļus Sauhats
Deniss Bezrukovs
Keywords battery, distribution grid, forecasting, energy storage, optimiza-tion
Abstract The paper is focused on economic feasibility analysis of battery energy storage providing load shifting to the end-user. Electro-chemical storage technology is considered, as it is envisioned to play an important role in future power systems by reducing costs, deferring investments and increasing reliability of system operation. In the study, cash-flows arising from battery invest-ment and operation in a representative distribution grid are con-sidered for a planning period of 33 years. Forecasting methodol-ogy based on Fourier transform for the hourly electricity market price is proposed and performed for a particular bidding area of the Nord Pool day-ahead market. Results of the case study demonstrate that with the current trends of market price and tariff structure of electricity paid by the end-users, investments in BESS may not be profitable and some additional incentives should be introduced.
DOI: 10.1109/EEM.2018.8469782
Hyperlink: https://ieeexplore.ieee.org/document/8469782 
Reference Petričenko, Ļ., Broka, Z., Sauhats, A., Bezrukovs, D. Cost-Benefit Analysis of Li-Ion Batteries in a Distribution Network. In: 2018 15th International Conference on the European Energy Market (EEM 2018), Poland, Lodz, 27-29 June, 2018. Piscataway, NJ: IEEE, 2018, pp.1-5. ISBN 978-1-5386-1489-1. e-ISBN 978-1-5386-1488-4. e-ISSN 2165-4093. Available from: doi:10.1109/EEM.2018.8469782
Additional information Citation count:
ID 27597