A Review of Modeling, Management, and Applications of Grid-Connected Li-Ion Battery Storage Systems

The intermittency of renewable energy sources makes the use of energy storage systems (ESSs) indispensable in modern power grids for supply-demand balancing and reliability enhancement. Besides pumped-storage hydroelectric power stations, energy storage deployment worldwide is still quite low. However, the status quo might rapidly change as the energy storage technologies are growing and facilitating market regulations are being ratified. Battery energy storage systems (BESSs), Li-ion batteries in particular, possess attractive properties and are taking over other types of storage technologies. Thus, in this article, we review and evaluate the current state of the art in managing grid-connected Li-ion BESSs and their participation in electricity markets. The review mainly includes battery modeling, the architecture of battery management systems (BMSs), the incorporation of BESSs for electricity market services, global utility-scale battery storage facilities, and challenges in implementing and managing grid-connected BESSs.