Analysis of energy-and SoC-neutral contracts for frequency regulation with energy storage

Dariush Fooladivanda, Catherine Rosenberg, Siddharth Garg

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

We analyze two contractual frameworks for regulation services with battery-based energy storage: The SoC-and energy-neutral contracts. Vis-A-vis the existing contractual framework, the new contracts constrain the operator to generate only SoC-and energy-neutral regulation signals within a contract duration. For both contracts, we propose algorithms to maximize the battery operator's reward during a single contract, and derive analytical expressions to quantify the reward over multiple contracts. Numerical results using Lead-Acid and Lithium-ion batteries provide several engineering insights.

Original languageEnglish (US)
Title of host publication2015 IEEE International Conference on Smart Grid Communications, SmartGridComm 2015
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages743-749
Number of pages7
ISBN (Electronic)9781467382892
DOIs
StatePublished - Mar 17 2016
EventIEEE International Conference on Smart Grid Communications, SmartGridComm 2015 - Miami, United States
Duration: Nov 1 2015Nov 5 2015

Publication series

Name2015 IEEE International Conference on Smart Grid Communications, SmartGridComm 2015

Other

OtherIEEE International Conference on Smart Grid Communications, SmartGridComm 2015
CountryUnited States
CityMiami
Period11/1/1511/5/15

ASJC Scopus subject areas

  • Control and Systems Engineering
  • Energy Engineering and Power Technology
  • Computer Networks and Communications

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    Fooladivanda, D., Rosenberg, C., & Garg, S. (2016). Analysis of energy-and SoC-neutral contracts for frequency regulation with energy storage. In 2015 IEEE International Conference on Smart Grid Communications, SmartGridComm 2015 (pp. 743-749). [7436390] (2015 IEEE International Conference on Smart Grid Communications, SmartGridComm 2015). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/SmartGridComm.2015.7436390