Title :
Optimal capacity of the battery energy storage system in a power system
Author :
Lee, Tsung-Ying ; Chen, Namning
Author_Institution :
Dept. of Electr. Eng., Nat. Taiwan Univ., Taipei, Taiwan
fDate :
12/1/1993 12:00:00 AM
Abstract :
This paper investigates the optimal capacity of a battery energy storage system in a power system. The Taiwan Power Company System is used as an example system to test this algorithm. Results show that the maximum economic benefit of battery energy storage in a power system can be achieved by this algorithm
Keywords :
battery storage plants; economics; optimisation; Taiwan; algorithm; battery energy storage; digital simulation; economic benefit; optimal capacity; power system; Batteries; Costs; Energy storage; Fuels; Power generation economics; Power system dynamics; Power system economics; Power systems; System testing; Thermal loading;
Journal_Title :
Energy Conversion, IEEE Transactions on
