Battery energy storage has shown a lot of potential in the recent past to be effective in various grid services due to its near instantaneous ramp rates and modularity. This thesis aims to determine the commercial viability of customer premises and substation sited battery energy storage systems. Five different types of services have been analyzed considering current market pricing of Lithium-ion batteries and power conditioning equipment. Energy Storage Valuation Tool 3.0 (Beta) has been used to exclusively determine the value of energy storage in the services analyzed.
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- Partial requirement for: M.S., Arizona State University, 2013Note typethesis
- Includes bibliographical references (p. 101-104)Note typebibliography
- Field of study: Electrical engineering