Energy arbitrage optimization with battery storage : 3D-MILP for electro-thermal performance and semi-empirical aging models

• Main Authors: Kumtepeli, Volkan, Hesse, Holger C., Schimpe, Michael, Tripathi, Anshuman, Wang, Youyi, Jossen, Andreas
• Other Authors: Interdisciplinary Graduate School (IGS)
• Format: Article
• Language: English
• Published: 2021
• Subjects: Engineering::Electrical and electronic engineering; Temperature Effects On Battery Aging; Energy Arbitrage Market
• Online Access: https://hdl.handle.net/10356/145819
• Institution: Nanyang Technological University

Dispatch of battery storage systems for stationary grid applications is a topic of increasing interest: due to the volatility of power system's energy supply relying on variable renewable energy sources, one foresees a rising demand and market potential for both short- and long-term fluctuation...