Title |
Economic Assessment of ESS for Peak Load Shaving in the Substation of Urban Railway |
Authors |
박종영(Park, Jong-Young) ; 신승권(Shin, Seungkwon) ; 김형철(Kim, Hyungchul) ; 정호성(Jung, Hosung) |
DOI |
https://doi.org/10.5370/KIEE.2014.63.12.1752 |
Keywords |
ESS ; Peak load shaving ; Economic assessment ; NPV ; Urban railway |
Abstract |
This paper evaluates economic benefits of ESS (Energy Storage System) for peak load shaving in the substation of urban railway. For this purpose, the method to determine capacities of ESS and PCS (Power Conditioning System) for peak load shaving is proposed. Then the economic benefits of those devices are evaluated using net present value method. The proposed methods are applied to actual measurements of loads in the substation of urban railway. The results show that electric power costs can be reduced and the economic benefits of ESS for peak load shaving mainly depends on the price of battery. |