Evaluation of technical and financial benefits of battery-based energy storage systems in distribution networks

摘要

Prompted by technical issues that have arisen due to the widespread deployment of distributed intermittent renewable generators, rapidly rising peak demand and reductions in battery price, the use of battery-based energy storage systems in power networks is on the rise. While battery-based energy storage has the potential to deliver technical benefits, the best possible sizing, location and usage govern the financial viability. The objective of this study is twofold. Firstly, a generalised approach is proposed to model network upgrade deferral as a function of load growth rate, renewable generation penetration and peak shave fraction. This model is then used for the formulation of an optimisation problem which benefits from multi-period power flow analysis to co-optimise battery size, location, charge/discharge profile for a pre-specified number of units to be deployed in a given distribution network. The proposed approach is implemented using the generic algebraic modelling system platform and validated on an Australian medium voltage distribution network under multiple practical and potential future scenarios.