Degradation-infused energy portfolio allocation framework: risk-averse fair storage participation

• Main Authors: Pareek, Parikshit, Sampath, L. P. Mohasha Isuru, Singh, Anshuman, Goel, Lalit, Gooi, Hoay Beng, Nguyen, Hung Dinh
• Other Authors: School of Electrical and Electronic Engineering
• Format: Article
• Language: English
• Published: 2025
• Subjects: Engineering; Degradation-aware dispatch; Energy portfolio allocation
• Online Access: https://hdl.handle.net/10356/182334
• Institution: Nanyang Technological University

This work proposes a novel degradation-infused energy portfolio allocation (DI-EPA) framework for enabling the participation of battery energy storage systems in multi-service electricity markets. The proposed framework attempts to address the challenge of including the rainflow algorithm for cycle...