Synergies between energy arbitrage and fast frequency response for battery energy storage systems
نویسندگان
چکیده
Energy storage can make key contributions to balancing future low-carbon energy systems by providing a variety of system services, with batteries expected be widely deployed as costs fall innovation. This paper assesses whether synergies exist between two the most significant these fast frequency response and arbitrage, if battery (BESS) is used deliver both. A techno-economic model developed simulate 600 possible availability windows. Results show that distinct services. The first synergy accounts for possibility charging outside deadband delivering response. We propose an innovative state-of-charge management strategy exploit this synergy. second results from arbitrage revenues being highly concentrated around peak times, which enable capture without excessive reduction in capacity provision enhanced combination means could increase its operating profits 25% alternately. result shown statistically robust using historical data. able discharge 1.5–2 h at full power rating will likely optimise synergies.
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ژورنال
عنوان ژورنال: Applied Energy
سال: 2021
ISSN: ['0306-2619', '1872-9118']
DOI: https://doi.org/10.1016/j.apenergy.2020.116274