Energy Storage Systems (ESSs) are gaining great attention, as they can help operate grid power grids more reliably. The ESS acquisition and operation is motivated by the economics revolving around its provided services and revenue streams. These economics are greatly impacted by uncertainties in predicting the parameters which influence the ESS operation. The main goal of this paper is in addressing these uncertainties. We organize sources of uncertainties which directly impact the value-driven operation of the ESS and propose a framework which combines the uncertain requirements from processes both internal and external to ESS.
Published: March 18, 2022
Citation
Hanif S., V. Fotedar, A.J. Crawford, and M.E. Alam. 2021.Impact of Uncertainty on Energy Storage Operation Decisions: Motivation and Framework. In IEEE Power & Energy Society General Meeting (PESGM 2021), July 26-29, 2021, Washington DC, 1-5. Piscataway, New Jersey:IEEE.PNNL-SA-157661.doi:10.1109/PESGM46819.2021.9638123