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Sizing and Optimal Operation of Battery Energy Storage System for Peak Shaving Application

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3 Author(s)
Oudalov, A. ; Corp. Res., ABB Switzerland Ltd., Daettwil ; Cherkaoui, R. ; Beguin, A.

This paper presents a sizing methodology and optimal operating strategy for a battery energy storage system (BESS) to provide a peak load shaving. The sizing methodology is used to maximize a customer's economic benefit by reducing the power demand payment with a BESS of a minimum capacity, i.e. a system with a lowest cost. The BESS optimal operating strategy is based on dynamic programming and is aimed to minimize the energy cost while satisfying battery physical constraints.

Published in:

Power Tech, 2007 IEEE Lausanne

Date of Conference:

1-5 July 2007