Economic analysis for possibility of hybrid energy storage systems application to frequency control in power system

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Abstract

Battery energy storage system (BESS) is focused in Smart Grid among the currently available energy storage solutions. Furthermore, Hybrid Energy Storage Systems (HESS) composed of two different kinds of battery is also studied to achieve better performance and lower cost than single kind battery system. As the possible business case for battery storage is provision of ancillary service, this paper focuses on HESS application to frequency control in power system. This paper shows possibility of HESS applied to frequency control through the economic analysis of HESS capacity combination.

Original languageEnglish
Title of host publication19th IFAC World Congress IFAC 2014, Proceedings
EditorsEdward Boje, Xiaohua Xia
PublisherIFAC Secretariat
Pages4044-4049
Number of pages6
ISBN (Electronic)9783902823625
DOIs
Publication statusPublished - 2014
Event19th IFAC World Congress on International Federation of Automatic Control, IFAC 2014 - Cape Town, South Africa
Duration: 24 Aug 201429 Aug 2014

Publication series

NameIFAC Proceedings Volumes (IFAC-PapersOnline)
Volume19
ISSN (Print)1474-6670

Conference

Conference19th IFAC World Congress on International Federation of Automatic Control, IFAC 2014
Country/TerritorySouth Africa
CityCape Town
Period24/08/1429/08/14

Keywords

  • Battery
  • Economic analysis
  • Energy storage
  • Frequency control
  • Power system

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