Optimal Sizing of Stationary Energy Storage Systems Participating in Primary Frequency Regulation Markets

dc.contributor.authorArias, Nataly Banol [UNESP]
dc.contributor.authorRomero, Ruben [UNESP]
dc.contributor.authorLopez, Juan Camilo
dc.contributor.authorRider, Marcos J.
dc.contributor.institutionUniversidade Estadual Paulista (Unesp)
dc.contributor.institutionUniversidade Estadual de Campinas (UNICAMP)
dc.date.accessioned2019-10-06T16:56:17Z
dc.date.available2019-10-06T16:56:17Z
dc.date.issued2018-10-26
dc.description.abstractStationary energy storage systems (ESSs) are becoming a prominent option to support the power grid via ancillary services. For instance, transmission system operators (TSOs) can take advantage of the fast control capabilities of stationary ESSs to implement primary frequency regulation. However, capital costs are directly related to the battery energy capacity and the power rate of the charger. Thus, from the perspective of the ESS owner, the higher the ESS capacity is, the more expensive the initial investments result. Based on historical frequencies and given a regulation market, this paper proposes a multi-objective approach to determine the optimal size and objective state of charge of an stationary ESS participating in primary frequency regulation. The proposed optimization method is a flexible enumerative approach that, given a set of market rules and an investment cost function, returns the optimal Pareto front of the problem. The Pareto front is a suitable multiobjective optimization method that shows the trade-off between conflicting objective functions: capital cost and availability/profit. Using the regulation market structure of one of the largest TSOs in USA (PJM interconnection), simulations demonstrate that the proposed approach is a flexible and practical decision-making tool, that investors can exploit when designing their ESS to participate in primary frequency regulation markets.en
dc.description.affiliationSchool of Engineering of Ilha Solteira São Paulo State University (UNESP) Ilha Solteira
dc.description.affiliationSchool of Electrical and Computing of Engineering University of Campinas (UNICAMP) Campinas
dc.description.affiliationUnespSchool of Engineering of Ilha Solteira São Paulo State University (UNESP) Ilha Solteira
dc.identifierhttp://dx.doi.org/10.1109/TDC-LA.2018.8511649
dc.identifier.citationProceedings of the 2018 IEEE PES Transmission and Distribution Conference and Exhibition - Latin America, T and D-LA 2018.
dc.identifier.doi10.1109/TDC-LA.2018.8511649
dc.identifier.scopus2-s2.0-85057053129
dc.identifier.urihttp://hdl.handle.net/11449/189911
dc.language.isoeng
dc.relation.ispartofProceedings of the 2018 IEEE PES Transmission and Distribution Conference and Exhibition - Latin America, T and D-LA 2018
dc.rights.accessRightsAcesso aberto
dc.sourceScopus
dc.subjectESS sizing
dc.subjectfrequency regulation
dc.subjectmulti-objective approach
dc.subjectpareto frontier
dc.subjectstationary energy storage systems
dc.titleOptimal Sizing of Stationary Energy Storage Systems Participating in Primary Frequency Regulation Marketsen
dc.typeTrabalho apresentado em evento
unesp.departmentEngenharia Elétrica - FEISpt

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