Cost-Benefit Analysis of V2G Implementation in Distribution Networks Considering PEVs Battery Degradation

2018 ◽  
Vol 9 (2) ◽  
pp. 961-970 ◽  
Author(s):  
Ali Ahmadian ◽  
Mahdi Sedghi ◽  
Behnam Mohammadi-ivatloo ◽  
Ali Elkamel ◽  
Masoud Aliakbar Golkar ◽  
...  
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Distribution Networks ◽  
Benefit Analysis ◽  
Battery Degradation

scholarly journals Cost–Benefit Analysis of Energy Storage in Distribution Networks

Energies ◽  
2019 ◽  
Vol 12 (17) ◽  
pp. 3363 ◽  
Author(s):  
Yu Ji ◽  
Xiaogang Hou ◽  
Lingfeng Kou ◽  
Ming Wu ◽  
Ying Zhang ◽  
...  
Keyword(s):  
Energy Storage ◽  
Economic Impact ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Distribution Networks ◽  
High Price ◽  
Analysis Method ◽  
Benefit Analysis ◽  
Network Stability ◽  
Bus System

Due to the challenges posed to power systems because of the variability and uncertainty in clean energy, the integration of energy storage devices (ESD) has provided a rigorous approach to improve network stability in recent years. Moreover, with the rapid development of the electricity market, an ESD operation strategy, which can maximize the benefits of ESD owners as well as the contribution to the electricity network stability, plays an important role in the marketization of ESDs. Although the benefits for ESD owners are discussed in many studies, the economic impact of ESD operation on distribution networks has not been commendably taken into account. Therefore, a cost–benefit analysis method of ESD which quantifies the economic impact of ESD operation on distribution networks is proposed in this paper. Considering the time-of-use (TOU) price and load demand, the arbitrage of ESD is realized through a strategy with low price charging and high price discharging. Then, the auxiliary service of ESD is realized by its capability of peak shaving and valley filling. In this paper, the long-run incremental cost (LRIC) method is adopted to calculate the network price based on the congestion cost. Based on the dynamic cost–benefit analysis method, the cost–benefit marginal analysis model in the ESD life cycle is proposed through the calculation of the present value of benefit. Subsequently, the optimal ESD capacity and charge/discharge rate is obtained to get the shortest payback period by analyzing different operation parameters. Finally, a case study is undertaken, where the ESD operation model mentioned above is simulated on a two-bus system and a 33-bus system, and the ESD cost–benefit analysis and the analysis of corresponding influence factors are carried out adequately.

Multiple community energy storage planning in distribution networks using a cost-benefit analysis

2017 ◽  
Vol 190 ◽  
pp. 453-463 ◽  
Author(s):  
Junainah Sardi ◽  
N. Mithulananthan ◽  
M. Gallagher ◽  
Duong Quoc Hung
Keyword(s):  
Energy Storage ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Distribution Networks ◽  
Benefit Analysis

Cost–benefit analysis of battery storage in medium-voltage distribution networks

2016 ◽  
Vol 10 (3) ◽  
pp. 815-821 ◽  
Author(s):  
Carlos Mateo ◽  
Álvaro Sánchez ◽  
Pablo Frías ◽  
Andrea Rodriguez-Calvo ◽  
Javier Reneses
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Distribution Networks ◽  
Benefit Analysis ◽  
Voltage Distribution ◽  
Battery Storage ◽  
Medium Voltage
Sign in / Sign up

Export Citation Format

Share Document