Smart Energy Technologies & Energy Storage
When integrating a battery energy storage system (BESS) with distributed PV generation, it’s essential to compare the characteristics of various battery types, as well as size options. This presentation will address the shortcomings of the commercially available battery sizing tools. It will also outline the methodology behind a cost analysis that incorporates investment costs, maintenance costs, and the benefits of installing a BESS. In addition, it will cover energy storage applications, technologies, and requirements, such as peak shaving, ramp rate limiting, and grid reliability. The goal is for the BESS to fulfill the anticipated needs at the lowest cost, while maximizing the lifetime of the battery.