Optimal Battery Energy Storage Dispatch in Energy and Frequency Regulation Markets While Peak Shaving an EV Fast Charging Station

Battery Energy Storage Systems typically procure their primary revenues from regulated energy and ancillary services markets; nonetheless, they have great potential in supporting distribution network operators and their users. This paper evaluates the potential business case of battery storage systems integrating market application and services...

Optimization of Battery Energy Storage System Operation in Distribution Grids

Currently, the main revenue streams for grid connected BESS stem from regulated energy markets, such as Day Ahead Market (DAM) and Primary Frequency Regulation (PFR). Furthermore, BESS have great potential in providing services to network operators, however a clear business case for such functionalities is still missing. Therefore, this research...