| Title |
A Study on the Battery Storage Volume Optimization in case of DR Participation for the Minimization of the Customer"s Investment Cost |
| Authors |
Seung-Kwon Yang ; Dae-Young Kim |
| DOI |
http://dx.doi.org/10.5207/JIEIE.2013.27.1.017 |
| Keywords |
BESS ; DR(Demand Response) ; Peak ; Storage ; DoD(Cycle Life) |
| Abstract |
The BESS(Battery Energy Storage System) is an useful device for load leveling, but the high cost, installation space and safety issues are the main barriers for supplying it widely. The important factor in supplying BESS to customers successfully is the payback period. As most of the H/W cost factors are uncontrollable, the optimization of storage volume can be useful factor in improving payback period. In order to obtain optimized BESS volume, the load factor, demand ratio, peak shaving ratio, electric rates and benefits from DR participation of customer should be analyzed. In this paper, we could verify the peak cutting capability and cost effectiveness under the some proposed conditions and changing value of PCS and battery based on the customers data after volume optimization process was applied, and we can identified the saturation point of load factor and shortening of customer"s payback period. |