Generic modelling framework for economic analysis of battery systems

Deregulated electricity markets provide opportunities for Battery Systems (BS) to participate in energy arbitrage and ancillary services (regulation, operating reserves, contingency reserves, voltage regulation, power quality etc.)To evaluate the economic viability of BS with different business oppo...

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Bibliographic Details
Published in:	IET Conference on Renewable Power Generation (RPG 2011) p. 122
Main Authors:	You, S, Rasmussen, C.N
Format:	Conference Proceeding
Language:	English
Published:	Stevenage IET 2011 The Institution of Engineering & Technology
Subjects:	Other power stations and plants Power system management, operation and economics Power system planning and layout Secondary cells generic modelling framework economic viability power generation planning battery cycle life estimation economic analysis contingency reserve voltage regulation power generation economics deregulated electricity market rainflow cycle counting algorithm sodium sulfur battery system battery systems ancillary service battery storage plants power markets
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