EconPapers    
Economics at your fingertips  
 

Dynamic Prioritization of Functions during Real-Time Multi-Use Operation of Battery Energy Storage Systems

Jürgen Marchgraber and Wolfgang Gawlik
Additional contact information
Jürgen Marchgraber: TU Wien, Institute of Energy Systems and Electrical Drives, 1040 Vienna, Austria
Wolfgang Gawlik: TU Wien, Institute of Energy Systems and Electrical Drives, 1040 Vienna, Austria

Energies, 2021, vol. 14, issue 3, 1-36

Abstract: Battery Energy Storage Systems (BESS) based on Li-Ion technology are considered to be one of the providers of services in the future power system. Although prices for Li-Ion batteries are falling continuously, it is still difficult to achieve profitability from a single service today. Multi-use operation of BESS in order to reach a so-called “value-stacking” of services therefore is a hotly debated topic in literature, since such an operation holds the potential to increase profitability dramatically. The multi-use operation of a BESS can be divided into two parts: the operational planning phase and the real-time operation. While the operational planning phase has been examined in many studies, there seems to be a lack of discussion for the real-time operation. This paper therefore tries to address the topic of the real-time operation in more detail. For this reason, this paper discusses concepts for implementing a real-time multi-use operation and introduces the novel concept of dynamic prioritization, which allows resolving conflicts of services. Besides the ability to cope with abnormal grid conditions, this concept also holds potential for a better utilization of resources during normal grid conditions. A mathematical framework is used to describe several services and their interaction, taking into account the concept of dynamic prioritization. Several applications are presented in order to demonstrate the behavior of the concept during normal and abnormal grid conditions. These applications are simulated in Matlab/Simulink for specific events and in the form of long-time simulations.

Keywords: battery energy storage system; multi-use operation; frequency containment reserve; fast reserve; synthetic inertia; voltage control; island operation; value stacking; converter control (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.mdpi.com/1996-1073/14/3/655/pdf (application/pdf)
https://www.mdpi.com/1996-1073/14/3/655/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:14:y:2021:i:3:p:655-:d:488580

Access Statistics for this article

Energies is currently edited by Ms. Agatha Cao

More articles in Energies from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().

 
Page updated 2025-03-19
Handle: RePEc:gam:jeners:v:14:y:2021:i:3:p:655-:d:488580