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Deployment Of Behind The Meter Energy Storage For Demand Charge Reduction
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Book Synopsis Deployment of Behind-The-Meter Energy Storage for Demand Charge Reduction by :
Download or read book Deployment of Behind-The-Meter Energy Storage for Demand Charge Reduction written by and published by . This book was released on 2015 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates how economically motivated customers will use energy storage for demand charge reduction, as well as how this changes in the presence of on-site photovoltaic power generation, to investigate the possible effects of incentivizing increased quantities of behind-the-meter storage. It finds that small, short-duration batteries are most cost effective regardless of solar power levels, serving to reduce short load spikes on the order of 2.5% of peak demand. While profitable to the customer, such action is unlikely to adequately benefit the utility as may be desired, thus highlighting the need for modified utility rate structures or properly structured incentives.
Book Synopsis Deployment of Behind-the-meter Energy Storage for Demand Charge Reduction by : Jeremy Neubauer
Download or read book Deployment of Behind-the-meter Energy Storage for Demand Charge Reduction written by Jeremy Neubauer and published by . This book was released on 2015 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates how economically motivated customers will use energy storage for demand charge reduction, as well as how this changes in the presence of on-site photovoltaic power generation, to investigate the possible effects of incentivizing increased quantities of behind-the-meter storage. It finds that small, short-duration batteries are most cost effective regardless of solar power levels, serving to reduce short load spikes on the order of 2.5% of peak demand. While profitable to the customer, such action is unlikely to adequately benefit the utility as may be desired, thus highlighting the need for modified utility rate structures or properly structured incentives.
Book Synopsis Handbook on Battery Energy Storage System by : Asian Development Bank
Download or read book Handbook on Battery Energy Storage System written by Asian Development Bank and published by Asian Development Bank. This book was released on 2018-12-01 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook serves as a guide to deploying battery energy storage technologies, specifically for distributed energy resources and flexibility resources. Battery energy storage technology is the most promising, rapidly developed technology as it provides higher efficiency and ease of control. With energy transition through decarbonization and decentralization, energy storage plays a significant role to enhance grid efficiency by alleviating volatility from demand and supply. Energy storage also contributes to the grid integration of renewable energy and promotion of microgrid.
Book Synopsis Optimal Sizing of Energy Storage and Photovoltaic Power Systems for Demand Charge Mitigation (Poster) by :
Download or read book Optimal Sizing of Energy Storage and Photovoltaic Power Systems for Demand Charge Mitigation (Poster) written by and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Commercial facility utility bills are often a strong function of demand charges -- a fee proportional to peak power demand rather than total energy consumed. In some instances, demand charges can constitute more than 50% of a commercial customer's monthly electricity cost. While installation of behind-the-meter solar power generation decreases energy costs, its variability makes it likely toleave the peak load -- and thereby demand charges -- unaffected. This then makes demand charges an even larger fraction of remaining electricity costs. Adding controllable behind-the-meter energy storage can more predictably affect building peak demand, thus reducing electricity costs. Due to the high cost of energy storage technology, the size and operation of an energy storage system providingdemand charge management (DCM) service must be optimized to yield a positive return on investment (ROI). The peak demand reduction achievable with an energy storage system depends heavily on a facility's load profile, so the optimal configuration will be specific to both the customer and the amount of installed solar power capacity. We explore the sensitivity of DCM value to the power and energylevels of installed solar power and energy storage systems. An optimal peak load reduction control algorithm for energy storage systems will be introduced and applied to historic solar power data and meter load data from multiple facilities for a broad range of energy storage system configurations. For each scenario, the peak load reduction and electricity cost savings will be computed. Fromthis, we will identify a favorable energy storage system configuration that maximizes ROI.
Book Synopsis A Utility-Scale Deployment Project of Behind-the-Meter Energy Storage for Use in Ancillary Services, Energy Resiliency, Grid Infrastructure Investment Deferment, and Demand-Response Integration by :
Download or read book A Utility-Scale Deployment Project of Behind-the-Meter Energy Storage for Use in Ancillary Services, Energy Resiliency, Grid Infrastructure Investment Deferment, and Demand-Response Integration written by and published by . This book was released on 2016 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: Electric utilities are increasingly incentivized to integrate new renewable energy generation resources to their systems; however, operations-related issues arise due to the non-dispatchable and stochastic nature of these renewable energy sources. These characteristics lead to a variety of issues for utilities, among which are voltage fluctuations, balancing dispatch against ramping events, short-duration power fluctuations, and the need to invest in peaking generation facilities just to accommodate the renewable energy. A traditional solution to these issues is to employ renewable generation-following techniques using either newly constructed gas peaking plants, or by shifting existing generation resources to this following responsibility. Unfortunately, use of these traditional methods introduces a new set of issues; namely, wear-and-tear due to more frequent cycling, reduced capacity factors, decreased plant efficiency, and additional investment in large-scale capital infrastructure. This thesis proposes an alternate solution: a utility-owned and utility-managed battery energy storage system sited on residential customer premises, deployed at scale to create a 200MW / 1320MWh distributed network of Residential Battery Energy Storage Systems (ResBESS). In partnership with Portland General Electric (PGE) stakeholders, a conceptual design was prepared for a ResBESS unit, a laboratory prototype of a single such storage system was constructed, and an alpha prototype is now being installed in a field demonstration project in Milwaukie, Oregon within PGE's service territory. The motivations, design constraints, and design methodology of the laboratory prototype are presented and discussed, and preliminary work from the field prototype build is examined to demonstrate the results of the thesis project.
Book Synopsis Energy Storage in Grids with High Penetration of Variable Generation by : Asian Development Bank
Download or read book Energy Storage in Grids with High Penetration of Variable Generation written by Asian Development Bank and published by Asian Development Bank. This book was released on 2017-03-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Grid-level energy storage is likely to dominate the conversation in the power industry in the coming years, just like renewable energy did in the past 2 decades. This report targets investors, developers, utility planners, power sector policy makers, and readers who wish to understand the role energy storage is likely to play in the smart grid of the future. For developing countries, the report provides an introduction to the necessary technical background on energy storage, the role it is likely to play as penetration of renewable energy increases in the grid, and the policy prescriptions to realize the wide range of benefits of energy storage.
Author :United States. Congress. House. Committee on Science and Technology (2007). Subcommittee on Energy and Environment Publisher : ISBN 13 : Total Pages :88 pages Book Rating :4.F/5 ( download)
Book Synopsis Energy Storage Technologies by : United States. Congress. House. Committee on Science and Technology (2007). Subcommittee on Energy and Environment
Download or read book Energy Storage Technologies written by United States. Congress. House. Committee on Science and Technology (2007). Subcommittee on Energy and Environment and published by . This book was released on 2008 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Energy Storage for Modern Power System Operations by : Sandeep Dhundhara
Download or read book Energy Storage for Modern Power System Operations written by Sandeep Dhundhara and published by John Wiley & Sons. This book was released on 2021-09-27 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: ENERGY STORAGE for MODERN POWER SYSTEM OPERATIONS Written and edited by a team of well-known and respected experts in the field, this new volume on energy storage presents the state-of-the-art developments and challenges for modern power systems for engineers, researchers, academicians, industry professionals, consultants, and designers. Energy storage systems have been recognized as the key elements in modern power systems, where they are able to provide primary and secondary frequency controls, voltage regulation, power quality improvement, stability enhancement, reserve service, peak shaving, and so on. Particularly, deployment of energy storage systems in a distributed manner will contribute greatly in the development of smart grids and providing promising solutions for the above issues. The main challenges will be the adoption of new techniques and strategies for the optimal planning, control, monitoring and management of modern power systems with the wide installation of distributed energy storage systems. Thus, the aim of this book is to illustrate the potential of energy storage systems in different applications of modern power systems, with a view toward illuminating recent advances and research trends in storage technologies. This exciting new volume covers the recent advancements and applications of different energy storage technologies that are useful to engineers, scientists, and students in the discipline of electrical engineering. Suitable for the engineers at power companies and energy storage consultants working in the energy storage field, this book offers a cross-disciplinary look across electrical, mechanical, chemical and renewable engineering aspects of energy storage. Whether for the veteran engineer or the student, this is a must-have for any library. AUDIENCE Electrical engineers and other designers, engineers, and scientists working in energy storage
Book Synopsis Handbook of Energy Storage by : Michael Sterner
Download or read book Handbook of Energy Storage written by Michael Sterner and published by Springer. This book was released on 2019-09-27 with total page 821 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors of this Handbook offer a comprehensive overview of the various aspects of energy storage. After explaining the importance and role of energy storage, they discuss the need for energy storage solutions with regard to providing electrical power, heat and fuel in light of the Energy Transition. The book’s main section presents various storage technologies in detail and weighs their respective advantages and disadvantages. Sections on sample practical applications and the integration of storage solutions across all energy sectors round out the book. A wealth of graphics and examples illustrate the broad field of energy storage, and are also available online. The book is based on the 2nd edition of the very successful German book Energiespeicher. It features a new chapter on legal considerations, new studies on storage needs, addresses Power-to-X for the chemical industry, new Liquid Organic Hydrogen Carriers (LOHC) and potential-energy storage, and highlights the latest cost trends and battery applications. “Finally – a comprehensive book on the Energy Transition that is written in a style accessible to and inspiring for non-experts.” Franz Alt, journalist and book author “I can recommend this outstanding book to anyone who is truly interested in the future of our country. It strikingly shows: it won’t be easy, but we can do it.” Prof. Dr. Harald Lesch, physicist and television host
Book Synopsis Energy Storage Systems: Fundamentals, Classification and a Technical Comparative by : José Manuel Andújar Márquez
Download or read book Energy Storage Systems: Fundamentals, Classification and a Technical Comparative written by José Manuel Andújar Márquez and published by Springer Nature. This book was released on 2023-09-12 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines different energy storage technologies, empowering the reader to make informed decisions on which system is best suited for their specific needs. Decarbonization is a crucial step towards a sustainable future, and renewable energy plays a vital role in making this transition possible. However, the intermittency of some sources such as wind and solar energy requires the use of energy storage systems. The book contains a detailed study of the fundamental principles of energy storage operation, a mathematical model for real-time state-of-charge analysis, and a technical analysis of the latest research trends, providing a comprehensive guide to energy storage systems. From battery storage systems to hydrogen storage systems, this book provides the tools to effectively manage energy and ensure that excess energy is utilized during times of deficit and signposts the likely future development and lines of research enquiry for each technology discussed. The book is of interest to researchers and professionals in energy, and engineers interested in the transition to more sustainable energy systems.
Book Synopsis Energy Storage Technologies in Grid Modernization by : Sandeep Dhundhara
Download or read book Energy Storage Technologies in Grid Modernization written by Sandeep Dhundhara and published by John Wiley & Sons. This book was released on 2023-08-01 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: ENERGY STORAGE TECHNOLOGIES IN GRID MODERNIZATION Written and edited by a team of experts, this exciting new volume discusses the various types of energy storage technologies, the applications of energy storage systems, their role in the real-time operation of power markets, and the operational issues of modern power systems, including renewable-based generating sources. The worldwide energy sector, specifically power generation, has undergone a huge transformation in recent years, and the focus is to make it sustainable, environmentally friendly, reliable, and highly efficient. As a result, a significant share of highly intermittent but clean renewable sources is being integrated into the power system using advanced technological components. The higher penetration level of renewable energy sources (RESs) has increased the active power generation share in the grid but reduced the total rotating system inertia. This high reduction in inertia brings new challenges and technical issues to the operators of modern power systems and impacts the stability and security of the grid. The stochasticity of these renewable sources also poses a big challenge to the efficient operation of the power system. Electrical energy storage systems help to manage such issues and challenges that occur due to the intermittent nature of RES and can play a big role in the smooth and reliable operation of the power system. The applications and opportunities to use storage on the grid are growing due to the improvements in energy storage technologies, and flexible regulatory frameworks. Technological developments have made it possible to use batteries and other Energy Storage Systems (ESSs) for managing the operation of the power system. This book aims to illustrate the potential of energy storage systems in different applications of the modern power system considering recent advances and research trends in storage technologies. These areas are going to play a very significant role in future smart grid operations. This book discusses the various types of energy storage technologies and promotes the applications of ESSs in the performance improvement of modern power systems. Whether for the veteran engineer, new hire, or student, it is a must-have for any library.
Book Synopsis Behind-the-meter Storage by : Anthony K. Burrell
Download or read book Behind-the-meter Storage written by Anthony K. Burrell and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Behind the Meter Storage for Electric Vehicle Charging, Electrochemical and Thermal Energy Storage, and Solar Photovoltaic by :
Download or read book Behind the Meter Storage for Electric Vehicle Charging, Electrochemical and Thermal Energy Storage, and Solar Photovoltaic written by and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to the potentially large and irregular demand from EVs, along with changing load profiles from buildings with on-site generation, utilities are evaluating multiple options for managing dynamic loads, including time-of-use pricing, demand charges, battery storage, and curtailment of variable generation. Buildings, as well as commercial, public, and workplace EV charging operations, can use a combination of electrochemical battery storage and thermal energy storage coupled with on-site generation to manage energy costs as well as provide resiliency and reliability for EV charging and building energy loads. We are completing a behind the meter storage analysis that focuses on determining the optimal system designs and energy flows for thermal and electrochemical behind the meter storage with on-site solar photovoltaic (PV) generation enabling electric vehicle charging in various climates, building types, and utility rate structures. In completing this analysis, we have developed a tool that combines existing battery models via the System Advisor Model (SAM) and building modeling software via EnergyPlus into a single interface. This tool allows us to simulate a building with a detailed battery model to properly size the battery, thermal energy storage, and solar PV systems to maximize profit for the system owner. This also allows us to assess how the battery degrades under various supervisory control dispatch algorithms to control charging/discharging; we can also see how thermal energy storage is created and used to complement the battery to reduce thermal loads in the building. With this project, we can analyze new batteries that are designed specifically for energy storage, rather than designed to be extremely energy dense for electric vehicle applications, using battery lifetime models from other national labs and the existing SAM battery model, which has detailed lifetime and degradation parameters. We can also assess novel thermal storage technologies by integrating them into the whole building energy simulation program EnergyPlus. Because the model calls both SAM and EnergyPlus, required inputs need to be compatible for both models. These inputs include, on a high-level, the following: weather files, building and electric vehicle load profiles, electricity rate tariff information, and system cost information for the stationary battery, solar PV, and thermal storage system. The various buildings we are studying for this analysis are retail big-box grocery store, commercial office building, fleet vehicle depot and operations facility, multi-family residential, and electric vehicle charging station. For these different applications, the battery and thermal storage will be dispatched differently, and the various technologies are sized differently to optimize cost.
Book Synopsis Modelling Energy Storage for Demand Charge Mitigation in Commercial Buildings to Develop Standardized Design Guidelines by : Sean Fleming
Download or read book Modelling Energy Storage for Demand Charge Mitigation in Commercial Buildings to Develop Standardized Design Guidelines written by Sean Fleming and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In parallel to growing building electrification initiatives, the cost of lithium-ion batteries has fallen by over 85% since 2010. These factors have driven interest in using lithium-ion batteries to reduce demand charges in commercial and industrial buildings. The research objective was to develop new models and control strategies for using batteries for demand charge management in Nova Scotia's commercial and industrial sector with basic monthly billing data for peak demand prediction. This research used four years of 15 minute electrical load data for 248 commercial buildings, across eight building categories, from Nova Scotia Power to explore the relationships between the peak demand, average load and monthly load factor of a building and the potential for demand savings, categories of buildings that are of interest, and the peak demand prediction accuracy with basic monthly billing data. A new MATLAB battery model was developed to perform iterative demand reduction simulations across a range of battery capacities, inverter power rates, and demand reduction targets. New visualization methods were developed to sort results by both building size and load factor so trends between buildings load characteristics and demand savings results can be identified quickly. Key findings of the research were that buildings with an average monthly load factor under 40% and an average load of less than 50 kW are the best candidates for using a battery in a demand charge management application. There were limited opportunities in the Hotel and Utility categories because of the high average loads and average monthly load factors. While in the Commercial, Retail, and Industrial there are strong opportunities for demand charge reduction, provided the buildings meet the average load and average monthly load factor guidelines above. Finally, there are diminishing returns for demand savings with larger battery pack sizes. Smaller battery packs offer the most demand savings per unit of battery capacity and the largest percentage of total demand reduction per unit of battery capacity.
Book Synopsis Optimal Sizing of Energy Storage and Photovoltaic Power Systems for Demand Charge Mitigation (Poster). by :
Download or read book Optimal Sizing of Energy Storage and Photovoltaic Power Systems for Demand Charge Mitigation (Poster). written by and published by . This book was released on 2013 with total page 1 pages. Available in PDF, EPUB and Kindle. Book excerpt: Commercial facility utility bills are often a strong function of demand charges -- a fee proportional to peak power demand rather than total energy consumed. In some instances, demand charges can constitute more than 50% of a commercial customer's monthly electricity cost. While installation of behind-the-meter solar power generation decreases energy costs, its variability makes it likely to leave the peak load -- and thereby demand charges -- unaffected. This then makes demand charges an even larger fraction of remaining electricity costs. Adding controllable behind-the-meter energy storage can more predictably affect building peak demand, thus reducing electricity costs. Due to the high cost of energy storage technology, the size and operation of an energy storage system providing demand charge management (DCM) service must be optimized to yield a positive return on investment (ROI). The peak demand reduction achievable with an energy storage system depends heavily on a facility's load profile, so the optimal configuration will be specific to both the customer and the amount of installed solar power capacity. We explore the sensitivity of DCM value to the power and energy levels of installed solar power and energy storage systems. An optimal peak load reduction control algorithm for energy storage systems will be introduced and applied to historic solar power data and meter load data from multiple facilities for a broad range of energy storage system configurations. For each scenario, the peak load reduction and electricity cost savings will be computed. From this, we will identify a favorable energy storage system configuration that maximizes ROI.
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.
Book Synopsis Behind-the-Meter to Front of the Line: Prioritizing Battery Storage Opportunities Across a Portfolio of Sites by :
Download or read book Behind-the-Meter to Front of the Line: Prioritizing Battery Storage Opportunities Across a Portfolio of Sites written by and published by . This book was released on 2021 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prioritizing battery energy storage system opportunities across a large real estate portfolio can be complex. The National Renewable Energy Laboratory used a phased approach including detailed REopt analysis to efficiently identify the most cost-effective projects across 80 U.S. Army installations.
