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A study of optimum capacity of battery energy storage system linked PV
- Authors
- Baek, M.-K.; Park, J.-B.; Son, S.-Y.; Shin, H.-S.; Park, Y.-G.
- Issue Date
- Jan-2018
- Publisher
- Korean Institute of Electrical Engineers
- Keywords
- BESS; Economic evaluation; Optimum capacity; PV; REC
- Citation
- Transactions of the Korean Institute of Electrical Engineers, v.67, no.1, pp.38 - 45
- Volume
- 67
- Number
- 1
- Start Page
- 38
- End Page
- 45
- ISSN
- 1975-8359
- Abstract
- In September 2016, the government decided to apply a REC 5.0 weighting to solar-battery ESS to increase the supply of renewable energy. In this paper, we calculated the optimal capacity of battery ESS which maximizes the revenue when solar is linked with battery ESS. In the case study, the optimal capacity was calculated by applying the conservative REC price, and we studied sensitivity analysis about battery price and real-Time REC price. © The Korean Institute of Electrical Engineers.
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Related Researcher
- Son, Sung Yong
- Graduate School (Dept. of Next Generation Smart Energy System Convergence)