DocumentCode
3260709
Title
Cost-benefit analyses of storage systems applications for the provision of dispatching services
Author
Benini, Michele ; Canevese, Silvia ; Cavaliere, Angelo ; Cirio, Diego ; Gatti, Andrea ; Grisi, Paolo ; Pitto, Andrea
Author_Institution
RSE S.p.A., Milan, Italy
fYear
2015
fDate
10-13 June 2015
Firstpage
319
Lastpage
324
Abstract
The paper discusses a set of particularly interesting applications of battery energy storage systems (BESSs) for the provision of dispatching services and presents simulation results of their operation in realistic scenarios, in order to carry out cost/benefit analyses able to assess the profitability of investments or, more often, their distance from the profitability. In fact, in most of the considered case studies, that moreover are referred to possible future regulatory arrangements, the high investment costs of storage systems are not repaid in a reasonable time by the achieved economic benefits. The only two applications resulting potentially profitable concern the primary regulation service with the storage system respectively coupled with a coal fired power plant and with a wind power plant. A significant cost reduction of BESSs is therefore needed, but it is also expected, following improvements of technologies and economies of scale: in such a case, they will have a bright future both in power system applications and in electric mobility.
Keywords
battery management systems; coal; cost-benefit analysis; investment; power generation dispatch; power system economics; secondary cells; thermal power stations; wind power plants; BESS; battery energy storage systems; coal fired power plant; cost reduction; cost-benefit analyses; dispatching services; economic benefits; electric mobility; investment costs; power system applications; primary regulation service; wind power plant; Batteries; Dispatching; Economics; Investment; System-on-chip; Wind power generation; “synthetic” inertia; Battery Energy Storage Systems; balancing; cost-benefit analysis; primary regulation;
fLanguage
English
Publisher
ieee
Conference_Titel
Environment and Electrical Engineering (EEEIC), 2015 IEEE 15th International Conference on
Conference_Location
Rome
Print_ISBN
978-1-4799-7992-9
Type
conf
DOI
10.1109/EEEIC.2015.7165180
Filename
7165180
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