Defining and Evaluating Use Cases for Battery Energy Storage Investments: Case Study in Croatia

Pavić, Ivan; Luburić, Zora; Pandžić, Hrvoje; Capuder, Tomislav; Andročec, Ivan

doi:10.3390/en12030376

Cited by 22 publications

(14 citation statements)

References 25 publications

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“…For such a large project as the one studied (of 50 MW), the profit could be approximately EUR 60,000,000. An investment of a large scale battery system that costs around 3–4 MEUR 41 would have a very short payback period, especially in the case of serving and selling the curtailed wind power to the local community.…”

Section: Discussionmentioning

confidence: 99%

Wind energy and the historic environment: A business-driven symbiosis approach

Xydis

Kremastioti

Panagiotidou

2021

Energy & Environment

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The present study discusses alternative ways of achieving optimum energy efficiency for historic buildings in areas where sustainable energy projects are planned. About 25% of Europe’s building stock was constructed before the mid-20th century and despite EU’s strenuous efforts for the protection and conservation of historic buildings and complexes, achieving energy efficiency with the minimum or preferably no intervention remains as a requirement. The settlement of Monemvasia, has been selected as our case study. A model building was chosen, its special characteristics are presented, and four solutions to the energy efficiency upgrade of the building were tested: (a) the application of internal insulation, (b) a heat pump installation, (c) the application of roof insulation, and (d) the replacement of the internal doorframes. The four scenarios were simulated via the TEE-KENAK software and the percentage of the annual energy saved through the application of each one of the mentioned measures was estimated. The results proved that installing a heat pump and internal insulation would maximise energy savings. Coupling the energy demand of the settlement in correlation with a wind energy project in the wider area, and the available curtailment was explored. The results showed that if 300 houses decide on acquiring their electricity consumption from the local wind independent power producer, at a price of EUR 35/MWh, the possible profit from the market could reach EUR100,000 per year. Such a business-driven concept could be extrapolated and evolve into a holistic wind energy and historic environment symbiosis setting.

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Section: Discussionmentioning

confidence: 99%

Wind energy and the historic environment: A business-driven symbiosis approach

Xydis

Kremastioti

Panagiotidou

2021

Energy & Environment

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“…Particularly, countries with widely diversified RE potential and/or little international HV grid interconnections carry for this reason high potential for such applications. In some cases, due to the topography of an area or areas facing public oppositions caused by new HV power lines in or through urban areas, BESS is considered a solution, regardless if it is a less financially favorable option [97].…”

Section: Transmission Grid Upgrade Deferralmentioning

confidence: 99%

Review of Stationary Energy Storage Systems Applications, Their Placement, and Techno-Economic Potential

Wüllner

Reiners

Millet

et al. 2021

Curr Sustainable Renewable Energy Rep

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Purpose of Review This review paper attempts to give a general overview on the BESS applications that demonstrate a high potential in the past few years, identifying most relevant operators — or providers — with the corresponding placement for such. Together with a description of value proposition schemes, observed trends, and research fields, a collection of relevant project references is gathered. Recent Findings Many publications and communications try to describe the services that battery energy storage systems can provide to each of the stakeholders, even though they might greatly differ based on national regulatory frameworks. The actual most relevant 6 applications in the view of the authors are described in more detail. Summary In this paper, there has been pointed special attention on the BESS opportunities for each operator and their corresponding potential on revenue stacking. Additionally, the most important identified scientific papers for the 6 most important applications in the view of the authors are presented.

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“…In [18], hybrid energy storage systems, including BESSs, are addressed, by determining the energy storage capacity in distribution systems through an assessment of the risk tolerance of the investors. The results of BESS installations in terms of providing different services at different voltage levels are reported in [19].…”

Section: Introductionmentioning

confidence: 99%

Location and Sizing of Battery Energy Storage Units in Low Voltage Distribution Networks

et al. 2019

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Proper planning of the installation of Battery Energy Storage Systems (BESSs) in distribution networks is needed to maximize the overall technical and economic benefits. The limited lifetime and relatively high cost of BESSs require appropriate decisions on their installation and deployment, in order to make the best investment. This paper proposes a comprehensive method to fully support the BESS location and sizing in a low-voltage (LV) network, taking into account the characteristics of the local generation and demand connected at the network nodes, and the time-variable generation and demand patterns. The proposed procedure aims to improve the overall network conditions, by considering both technical and economic aspects. An original approach is presented to consider both the planning and scheduling of BESSs in an LV system. This approach combines the properties of metaheuristics for BESS sizing and placement with a greedy algorithm to find viable BESS scheduling in a relatively short time considering a specified time horizon, and the application of decision theory concepts to obtain the final solution. The decision theory considers various scenarios with variable energy prices, the diffusion of local renewable generation, evolution of the local demand with the integration of electric vehicles, and a number of planning alternatives selected as the solutions with top-ranked objective functions of the operational schedules in the given scenarios. The proposed approach can be applied to energy communities where the local system operator only manages the portion of the electrical grid of the community and is responsible for providing secure and affordable electricity to its consumers. 417Regarding the calculation of the load profiles, it takes into account the real contractual delivery 418 powers to each load. Two nodes are considered as commercial consumers, while the other ones 419 refer to residential customers. For the profiles, due to lack of complete information from the actual 420 profiles, relevant (residential and commercial) profiles have been taken from an open-source 421 dataset (OpenEI) [36], normalized and multiplied by the nominal powers.422 3.2.2 PV generation 423 The considered PV production, in the simulation, is calculated based on yearly solar irradiance 424 and the nominal installed power [37]. Yearly solar irradiance data is obtained through collected 425 data from third party weather service provider [38] for specific location of study case with the 426 coordination of 46.4746° N, 11.2479° E.427 3.2.3 EVs relevant information 428 EVs are considered in some scenarios, through the load profile caused by their charging. 429Within this analysis, the number of EVs that determines the EV charging profile, is set to 10 in the 430 beginning of the scenarios with EV and that number increments gradually by rate of one EV per 431year. The nominal power of the EV chargers are considered to be 3.6 kW, i.e., a standard power 432 level of charging stations, and charging events occur mainly during the night...

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Defining and Evaluating Use Cases for Battery Energy Storage Investments: Case Study in Croatia

Cited by 22 publications

References 25 publications

Wind energy and the historic environment: A business-driven symbiosis approach

Wind energy and the historic environment: A business-driven symbiosis approach

Review of Stationary Energy Storage Systems Applications, Their Placement, and Techno-Economic Potential

Location and Sizing of Battery Energy Storage Units in Low Voltage Distribution Networks

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