Optimal Operation of Battery Storage for a Subscribed Capacity-Based Power Tariff Prosumer
Challenge and objective
- The cost of peak power for end-users subject to a demand charge may be substantial.
- The objective is to analyse if battery storage can reduce consumer costs while ensuring the longevity of the battery.
Work performed
- Build optimization model for local PV-battery-load system with grid connection.
- Including battery degradation into the model.
- Perform Norwegian case study based on a swimming facility.
Significant results
- Battery storage can be beneficial for peak-shaving of swimming facility loads even with todays investment costs.
- Degradation modelling is important to get realistic estimate of economic potential, as degradation may reduce the lifetime by ~1 year.
Impact for distribution system innovation
- Detailed simulation models gives better decision aid for end-users to identify profitable battery investments.
- Practical battery models with degradation, also usable for other applications in the grid.
- Name
- Magnus Korpås
- Title
- WP3 Lead
- Organization
Reference in CINELDI
