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To connect energy storage operational planning with real-time battery control, this paper integrates a dynamic battery model with an optimization program. First, we transform a behavioral circuit model designed to describe a variety of battery chemistries into a set of coupled nonlinear...
Persistent link: https://www.econbiz.de/10011117632
Building on past work seeking to value emerging energy storage technologies in grid-based applications, this paper introduces a dynamic model-based framework to value a vanadium redox flow battery (VRFB) participating in Texas’ organized electricity market. Our model describes the dynamic...
Persistent link: https://www.econbiz.de/10010718863