A Review of Optimization Approaches for Optimal Sizing and Placement of Battery Energy Storage System (BESS)

Global warming and climate change are driven by increased carbon emissions due to industrialization, rapid population growth and a rise in fossil fuel consumption. Therefore, the power sector is converting to alternative energy sources including battery energy storage systems, wind and photovoltaic (PV). BESS is seen as a potential replacement for conventional energy sources because of its benefits including fast and reliable response, versatility, manageability, environmental friendliness and geographic independence. Numerous studies have been conducted to find the optimal size and placement of battery size using various of methods. An overview of the BESS is discussed in this paper in terms of optimization approaches that have been used in various conditions such as installation in the microgrid, distribution network, for losses reduction, charging and discharging schedules and peak load demand. In conclusion, this paper offers a substantial suggestion that would aid scientists in creating a successful, potent, effective and reliable BESS for the future.