• DocumentCode
    3260709
  • Title

    Cost-benefit analyses of storage systems applications for the provision of dispatching services

  • Author

    Benini, Michele ; Canevese, Silvia ; Cavaliere, Angelo ; Cirio, Diego ; Gatti, Andrea ; Grisi, Paolo ; Pitto, Andrea

  • Author_Institution
    RSE S.p.A., Milan, Italy
  • fYear
    2015
  • fDate
    10-13 June 2015
  • Firstpage
    319
  • Lastpage
    324
  • Abstract
    The paper discusses a set of particularly interesting applications of battery energy storage systems (BESSs) for the provision of dispatching services and presents simulation results of their operation in realistic scenarios, in order to carry out cost/benefit analyses able to assess the profitability of investments or, more often, their distance from the profitability. In fact, in most of the considered case studies, that moreover are referred to possible future regulatory arrangements, the high investment costs of storage systems are not repaid in a reasonable time by the achieved economic benefits. The only two applications resulting potentially profitable concern the primary regulation service with the storage system respectively coupled with a coal fired power plant and with a wind power plant. A significant cost reduction of BESSs is therefore needed, but it is also expected, following improvements of technologies and economies of scale: in such a case, they will have a bright future both in power system applications and in electric mobility.
  • Keywords
    battery management systems; coal; cost-benefit analysis; investment; power generation dispatch; power system economics; secondary cells; thermal power stations; wind power plants; BESS; battery energy storage systems; coal fired power plant; cost reduction; cost-benefit analyses; dispatching services; economic benefits; electric mobility; investment costs; power system applications; primary regulation service; wind power plant; Batteries; Dispatching; Economics; Investment; System-on-chip; Wind power generation; “synthetic” inertia; Battery Energy Storage Systems; balancing; cost-benefit analysis; primary regulation;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Environment and Electrical Engineering (EEEIC), 2015 IEEE 15th International Conference on
  • Conference_Location
    Rome
  • Print_ISBN
    978-1-4799-7992-9
  • Type

    conf

  • DOI
    10.1109/EEEIC.2015.7165180
  • Filename
    7165180