2022
DOI: 10.1016/j.est.2022.105063
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An energy storage dispatch optimization for demand-side management in industrial facilities

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Cited by 15 publications
(5 citation statements)
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References 28 publications
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“…ESS sizing can also greatly influence the investment cost and savings. For instance, the optimal sizing of a Li-ion battery considering the maximum monthly cost-saving found to be larger than the optimally sized one based on maximum ROI [184], clearly showing a higher investment cost. Further, this can vary based on the ESS types.…”
Section: Challenges and Limitationsmentioning
confidence: 95%
See 1 more Smart Citation
“…ESS sizing can also greatly influence the investment cost and savings. For instance, the optimal sizing of a Li-ion battery considering the maximum monthly cost-saving found to be larger than the optimally sized one based on maximum ROI [184], clearly showing a higher investment cost. Further, this can vary based on the ESS types.…”
Section: Challenges and Limitationsmentioning
confidence: 95%
“…Further, the size of the BESS should be selected considering PV generation capacity, load demand, and user consumption pattern (to track charge/discharge cycles) [50]. A study in [184] found that a facility with continuous operation has a flatter demand profile than WWTP, which has less potential for peak demand reduction, requiring a smaller sizing than an intermittent operational manufacturing facility with a striking load profile [184].…”
Section: Challenges and Limitationsmentioning
confidence: 99%
“…Also, these systems can be classified into five parts based on ES, which are thermal, mechanical, chemical, electrochemical, and electrical. Large electricity customers can use ESs in different ways [ 47 , 48 ]. This paper focuses on electric ES systems that may consist of connections to several small distribution storage units.…”
Section: Problem Formulationsmentioning
confidence: 99%
“…This means that the self-consumption rate (SCR) needs to be increased for household demand [4]. Lastly, peak power demands can cause blackouts if grid power is not distributed between hours properly [5]. Developing effective control charging strategies for BESS can prevent energy outages, increase revenues, reduce daily or annual bills, and facilitate compliance with carbon emission targets [6,7].…”
Section: Introductionmentioning
confidence: 99%