Economic Analysis Case Studies of Battery Energy Storage with SAM

Economic Analysis Case Studies of Battery Energy Storage with SAM
Author :
Publisher :
Total Pages : 17
Release :
ISBN-10 : OCLC:940483637
ISBN-13 :
Rating : 4/5 ( Downloads)

Book Synopsis Economic Analysis Case Studies of Battery Energy Storage with SAM by : Nicholas DiOrio

Download or read book Economic Analysis Case Studies of Battery Energy Storage with SAM written by Nicholas DiOrio and published by . This book was released on 2015 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Interest in energy storage has continued to increase as states like California have introduced mandates and subsidies to spur adoption. This energy storage includes customer sited behind-the-meter storage coupled with photovoltaics (PV). This paper presents case study results from California and Tennessee, which were performed to assess the economic benefit of customer-installed systems. Different dispatch strategies, including manual scheduling and automated peak-shaving were explored to determine ideal ways to use the storage system to increase the system value and mitigate demand charges. Incentives, complex electric tariffs, and site specific load and PV data were used to perform detailed analysis. The analysis was performed using the free, publicly available System Advisor Model (SAM) tool. We find that installation of photovoltaics with a lithium-ion battery system priced at $300/kWh in Los Angeles under a high demand charge utility rate structure and dispatched using perfect day-ahead forecasting yields a positive net-present value, while all other scenarios cost the customer more than the savings accrued. Different dispatch strategies, including manual scheduling and automated peak-shaving were explored to determine ideal ways to use the storage system to increase the system value and mitigate demand charges. Incentives, complex electric tariffs, and site specific load and PV data were used to perform detailed analysis. The analysis was performed using the free, publicly available System Advisor Model (SAM) tool. We find that installation of photovoltaics with a lithium-ion battery system priced at $300/kWh in Los Angeles under a high demand charge utility rate structure and dispatched using perfect day-ahead forecasting yields a positive net-present value, while all other scenarios cost the customer more than the savings accrued.


Economic Analysis Case Studies of Battery Energy Storage with SAM Related Books

Economic Analysis Case Studies of Battery Energy Storage with SAM
Language: en
Pages: 17
Authors: Nicholas DiOrio
Categories: Electric power
Type: BOOK - Published: 2015 - Publisher:

DOWNLOAD EBOOK

Interest in energy storage has continued to increase as states like California have introduced mandates and subsidies to spur adoption. This energy storage incl
Economic Analysis of Battery Energy Storage Systems
Language: en
Pages: 0
Authors:
Categories:
Type: BOOK - Published: 2020 - Publisher:

DOWNLOAD EBOOK

Technoeconomic Modeling of Battery Energy Storage in SAM.
Language: en
Pages: 0
Authors:
Categories:
Type: BOOK - Published: 2015 - Publisher:

DOWNLOAD EBOOK

Detailed comprehensive lead-acid and lithium-ion battery models have been integrated with photovoltaic models in an effort to allow System Advisor Model (SAM) t
Handbook on Battery Energy Storage System
Language: en
Pages: 123
Authors: Asian Development Bank
Categories: Technology & Engineering
Type: BOOK - Published: 2018-12-01 - Publisher: Asian Development Bank

DOWNLOAD EBOOK

This handbook serves as a guide to deploying battery energy storage technologies, specifically for distributed energy resources and flexibility resources. Batte
Energy Storage
Language: en
Pages: 351
Authors: Alfred Rufer
Categories: Technology & Engineering
Type: BOOK - Published: 2017-10-31 - Publisher: CRC Press

DOWNLOAD EBOOK

This book will provide the technical community with an overview of the development of new solutions and products that address key topics, including electric/hyb