Evaluation of the behind-the-meter benefits of energy storage systems with consideration of ancillary market opportunities

Khashayar Mahani; Seyyed Danial Nazemi; Maryam Arabzadeh Jamali; Mohsen A. Jafari

doi:10.1016/j.tej.2019.106707

Evaluation of the behind-the-meter benefits of energy storage systems with consideration of ancillary market opportunities

Khashayar Mahani, Seyyed Danial Nazemi, Maryam Arabzadeh Jamali, Mohsen A. Jafari

School of Engineering, Industrial Engineering

Research output: Contribution to journal › Article › peer-review

15 Scopus citations

Abstract

In this study, we analyze behind the meter benefits and resiliency capability of the price-taking energy storage devices in order to understand the impact of the facility's electricity and thermal demand behavior, energy providers pricing structure, DER configuration, storage capacity, and facility criticality on the storage evaluation assessment. We develop an integrated design considering ancillary market opportunities that accounts for different facilities with variant thermal and electrical loads, different DER configurations and energy tariff structures.

Original language	English (US)
Article number	106707
Journal	Electricity Journal
Volume	33
Issue number	2
DOIs	https://doi.org/10.1016/j.tej.2019.106707
State	Published - Mar 2020

All Science Journal Classification (ASJC) codes

Business and International Management
Energy (miscellaneous)
Management of Technology and Innovation

Keywords

Ancillary market
Behind the meter benefits
Distributed energy resources
Energy storage systems
Resiliency

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10.1016/j.tej.2019.106707

Cite this

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abstract = "In this study, we analyze behind the meter benefits and resiliency capability of the price-taking energy storage devices in order to understand the impact of the facility's electricity and thermal demand behavior, energy providers pricing structure, DER configuration, storage capacity, and facility criticality on the storage evaluation assessment. We develop an integrated design considering ancillary market opportunities that accounts for different facilities with variant thermal and electrical loads, different DER configurations and energy tariff structures.",

keywords = "Ancillary market, Behind the meter benefits, Distributed energy resources, Energy storage systems, Resiliency",

author = "Khashayar Mahani and Nazemi, {Seyyed Danial} and {Arabzadeh Jamali}, Maryam and Jafari, {Mohsen A.}",

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AU - Jafari, Mohsen A.

PY - 2020/3

Y1 - 2020/3

N2 - In this study, we analyze behind the meter benefits and resiliency capability of the price-taking energy storage devices in order to understand the impact of the facility's electricity and thermal demand behavior, energy providers pricing structure, DER configuration, storage capacity, and facility criticality on the storage evaluation assessment. We develop an integrated design considering ancillary market opportunities that accounts for different facilities with variant thermal and electrical loads, different DER configurations and energy tariff structures.

AB - In this study, we analyze behind the meter benefits and resiliency capability of the price-taking energy storage devices in order to understand the impact of the facility's electricity and thermal demand behavior, energy providers pricing structure, DER configuration, storage capacity, and facility criticality on the storage evaluation assessment. We develop an integrated design considering ancillary market opportunities that accounts for different facilities with variant thermal and electrical loads, different DER configurations and energy tariff structures.

KW - Ancillary market

KW - Behind the meter benefits

KW - Distributed energy resources

KW - Energy storage systems

KW - Resiliency

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ER -

Evaluation of the behind-the-meter benefits of energy storage systems with consideration of ancillary market opportunities

Abstract

All Science Journal Classification (ASJC) codes

Keywords

Access to Document

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