Abstract
The economic potential of a behind-the-meter (BTM) PV-battery system depends greatly on how the battery is dispatched. Different utility rates, system sizes, generation and load profiles can all require different dispatch strategies. This paper presents price signals dispatch, a new algorithm for automated economic dispatch of BTM PV-battery systems, which utilizes 24-hour PV and load forecasts, degradation data, and utility rates. The algorithm is integrated with the System Advisor Model (SAM) tool and is tested with a nonlinear generic electrochemical battery model. Price signals dispatch outperforms SAM’s existing algorithms in cases requiring a balance between demand charge management and energy arbitrage, and in cases where battery degradation imposes a significant cost.
Original language | American English |
---|---|
Number of pages | 11 |
State | Published - 2021 |
Event | 48th IEEE Photovoltaic Specialists Conference (PVSC 48) - Duration: 20 Jun 2020 → 25 Jun 2020 |
Conference
Conference | 48th IEEE Photovoltaic Specialists Conference (PVSC 48) |
---|---|
Period | 20/06/20 → 25/06/20 |
Bibliographical note
See NREL/CP-7A40-81133 for paper as published in proceedingsNREL Publication Number
- NREL/CP-7A40-79575
Keywords
- batteries
- battery dispatch
- behind-the-meter
- SAM
- solar plus storage
- System Advisor Model