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dc.contributor.authorSperstad, Iver Bakken
dc.contributor.authorIstad, Maren Kristine
dc.contributor.authorSæle, Hanne
dc.contributor.authorKorpås, Magnus
dc.contributor.authorOleinikova, Irina
dc.contributor.authorHänninen, Seppo
dc.contributor.authorMotta, Sergio
dc.contributor.authorPanagiotou, Konstantina
dc.contributor.authorPapadimitriou, Christina
dc.contributor.authorEfthymiou, Venizelos
dc.contributor.authorTræholt, Chresten
dc.contributor.authorMarinelli, Mattia
dc.date.accessioned2021-01-20T09:50:33Z
dc.date.available2021-01-20T09:50:33Z
dc.date.created2020-11-12T09:32:44Z
dc.date.issued2020
dc.identifier.isbn978-1-7281-7100-5
dc.identifier.urihttps://hdl.handle.net/11250/2723848
dc.description.abstractThis paper provides an overview of methods for including Battery Energy Storage Systems (BESS) into electric power grid planning. The general approach to grid planning is the same with and without BESS, but when BESS is included as an alternative, other methods are necessary, which adds significant complexity to the planning problem. Although recent research literature proposes a wide range of methods and models for Cost-Benefit Analysis (CBA) of BESS for grid applications, these are to a little extent applied in practice. For the research-based methods to be suitable for grid planning, they should handle timing of installations as well as sizing and siting of BESS. Moreover, they must capture long-term developments in load and generation. Finally, the CBA methods need realistic modelling of the operational benefits of BESS, taking into account multi-period AC power flow, battery degradation, and utilization for multiple grid services. Keywords: Battery storage , cost-benefit analysis , electric power grid , power system planningen_US
dc.language.isoengen_US
dc.publisherInstitute of Electrical and Electronics Engineers (IEEE)en_US
dc.relation.ispartof2020 IEEE PES Innovative Smart Grid Technologies Europe - ISGT-Europe
dc.titleCost-Benefit Analysis of Battery Energy Storage in Electric Power Grids: Research and Practicesen_US
dc.typeChapteren_US
dc.description.versionacceptedVersionen_US
dc.identifier.doi10.1109/ISGT-Europe47291.2020.9248895
dc.identifier.cristin1847252
dc.relation.projectNorges forskningsråd: 257626en_US
dc.description.localcode© 2020 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.en_US
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