Seward, William, Qadrdan, Meysam  ORCID: https://orcid.org/0000-0001-6167-2933 and Jenkins, Nick ORCID: https://orcid.org/0000-0003-3082-6260
2022.
Quantifying the value of distributed battery storage to the operation of a low carbon power system.
Applied Energy
305
, 117684.
10.1016/j.apenergy.2021.117684
|
Preview |
PDF
- Accepted Post-Print Version
Available under License Creative Commons Attribution Non-commercial No Derivatives. Download (429kB) | Preview |
Abstract
Battery storage provides flexibility to the power system and supports the increased integration of renewable energy sources. Distributed battery storage systems that are behind the meter are operated by their local owners, whose objectives may not align with those of the national power system. This paper presents a Bilevel optimisation approach to investigate the exchange of electricity between distributed battery storage and the national power system. The independent operating objectives of the battery storage systems are explicitly considered to assess their impact on the operation of the national power system. A comparison with a Centralised optimisation approach, that assumes a single objective function for the whole system, shows that the Bilevel optimisation approach captures the independencies of distributed battery storage objectives, while accounting for its interactions with the wider power system. The results show that the Centralised optimisation approach tends to overestimate the value of distributed battery storage for the power system. The results also highlight the influence of the retail contract structure in maximising the value of distributed battery storage for the national power system.
| Item Type: | Article |
|---|---|
| Date Type: | Publication |
| Status: | Published |
| Schools: | Schools > Engineering |
| Publisher: | Elsevier |
| ISSN: | 0306-2619 |
| Date of First Compliant Deposit: | 2 November 2021 |
| Date of Acceptance: | 21 August 2021 |
| Last Modified: | 03 Dec 2024 06:00 |
| URI: | https://orca.cardiff.ac.uk/id/eprint/144973 |
Citation Data
Cited 1 time in Scopus. View in Scopus. Powered By Scopus® Data
Actions (repository staff only)
 |
Edit Item |
Altmetric
Altmetric