| Full text | |
| Author(s): |
Pereira, Caio Oriente
;
Torquato, Ricardo
;
Freitas, Walmir
;
Ding, Hongwu
Total Authors: 4
|
| Document type: | Journal article |
| Source: | IEEE TRANSACTIONS ON SUSTAINABLE ENERGY; v. 14, n. 3, p. 4-pg., 2023-07-01. |
| Abstract | |
This letter provides a method for assessing the financial benefits of battery energy storage systems (BESS) installed on medium voltage (MV) customers. A large set of 4,853 real Brazilian MV customers are assessed so that reliable quantitative information and realistic insights can be obtained. Results show that a BESS can reduce customer bill by 1.2% (conservative case) to 7.5% (ideal case), leading to a payback time between 8.4 years (ideal case) and 27.3 years (conservative case). Thus, the studied case indicates the BESS can already be economically viable for MV customers with a predictable, stable consumption profile, especially those with a time-of-use tariff structure for demand and energy, where a BESS benefit closer to the ideal case can be obtained. These results are useful to guide the customer decision-making on acquisition of a BESS, regulatory agencies on when to adjust or establish new incentives for BESS integration, and future research to quantify the benefits of new applications. (AU) | |
| FAPESP's process: | 18/24018-0 - Methodologies for the Integration of High-Resolution Measurements on Management of Modern Power Distribution Systems |
| Grantee: | Ricardo Torquato Borges |
| Support Opportunities: | Scholarships in Brazil - Post-Doctoral |
| FAPESP's process: | 16/08645-9 - Interdisciplinary research activities in electric smart grids |
| Grantee: | João Bosco Ribeiro do Val |
| Support Opportunities: | Research Projects - Thematic Grants |
| FAPESP's process: | 16/23754-9 - Development of Applications for Electrical Energy Storage Systems in Modern Distribution Systems |
| Grantee: | Caio Oriente Pereira |
| Support Opportunities: | Scholarships in Brazil - Doctorate |
| FAPESP's process: | 21/11380-5 - CPTEn - São Paulo Center for the Study of Energy Transition |
| Grantee: | Luiz Carlos Pereira da Silva |
| Support Opportunities: | Research Grants - Science Centers for Development |