This thesis aims to provide a general overview of a cost and benefit analysis of incorporating a battery energy storage system within unit commitment model.
The deregulation of the electricity market in the U.S. has only been around for the last two decades. With renewable energy and energy storage systems becoming less expensive, a decentralized market scheme is becoming more popular and plausible. The scope of this work is to provide a fundamental understanding of unit commitment and a cost analysis of applying a battery energy storage system to an already established power system.
A battery energy storage system (BESS) was placed within a unit commitment schematic and modeled for a 7 day/168 hour forecast. Three models were generated, two with and one without the battery energy storage device (BESS). The comparison between the three systems was conducted to produce a visual economic justification to the feasibility of a BESS.
| Identifer | oai:union.ndltd.org:USF/oai:scholarcommons.usf.edu:etd-8745 |
| Date | 02 November 2018 |
| Creators | Mihailovic, Nemanja |
| Publisher | Scholar Commons |
| Source Sets | University of South Flordia |
| Detected Language | English |
| Type | text |
| Format | application/pdf |
| Source | Graduate Theses and Dissertations |
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