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    Economic Operation Optimisation of Battery Energy Storage Systems in a Solar Rich Microgrid

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    CIRED 2018 Ljubljana WS - 0435 - 20845.pdf (731.7Kb)
    Paper number
    0435
    Conference name
    CIRED 2018 Ljubljana Workshop
    Conference date
    7 - 8 June 2018
    Conference location
    Ljubljana, Slovenia
    Peer-reviewed
    Yes
    Metadata
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    Authors
    Jayawardana, Asanga, University of Wollongong, Australia
    Fiorentini, Massimo, University of Wollongong, Australia
    Robinson, Duane A., University of Wollongong, Australia
    Agalgaonkar, Ashish P., University of Wollongong, Australia
    Abstract
    The increasing trend of connecting local distributed generation units to the grid has unlocked new economic opportunities for owners. This is supported by the ongoing development of energy storage technologies, especially battery based systems. In practice, battery storage systems typically operate based on control algorithms where tariff structures and future generation and load profiles are not taken into account. This paper investigates the results of a case study for a microgrid using a proposed optimisation model which minimizes cost by considering an import/export tariff structure. The effect of changing time resolution related to variations in demand and generation is examined, and the model assesses economic considerations related to operational capabilities of the battery energy storage.
    Publisher
    AIM
    Date
    2018-06-07
    Published in
    • CIRED 2018 Ljubljana Workshop on Microgrids and Local Energy Communities
    Permanent link to this record
    https://www.cired-repository.org/handle/20.500.12455/1126
    http://dx.doi.org/10.34890/160
    ISSN
    2032-9628
    ISBN
    978-2-9602415-1-8

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