Development of dimensioning and allocation algorithms for different applications of battery storage units

In scope of this paper, the question of how to optimally utilize, dimension and allocate a battery storage unit (BSU) has been briefly addressed. Based on a novel generic BSU model, three main application fields of BSU are explored: market arbitrage, renewable firming, and network support. Main obstacles of modelling and simulation are identified in the process, and practical solution and applicable examples are analyzed to address these topics.