Analyze the Break-even Cost of Lithium-ion Battery under Time-of-use Pricing Tariffs

被引:0
|
作者
Li, Binghui [1 ]
Zhang, Jie [1 ]
Mehmani, Ali [2 ]
Culligan, Patricia J. [2 ]
机构
[1] Univ Texas Dallas, Richardson, TX 75080 USA
[2] Columbia Univ, New York, NY 10027 USA
来源
2019 IEEE POWER & ENERGY SOCIETY INNOVATIVE SMART GRID TECHNOLOGIES CONFERENCE (ISGT) | 2019年
关键词
Break-even analysis; Lithium-ion battery; Mixed integer program; Demand response; Time-of-use tariff; ENERGY-STORAGE;
D O I
10.1109/isgt.2019.8791594
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
Lithium-ion batteries can be used by households in a wide range of demand response (DR) programs. This paper examines break-even costs of lithium-ion batteries used in time-of-use (TOU) pricing DR programs. A mixed-integer program is developed to optimize battery capacities and operating schedules. Battery degradation is explicitly considered using a piecewise linear approximation. The model is tested under two TOU pricing tariffs. Parametric sensitivity analysis is conducted with respect to loan rates and C-rates. The results suggest that the lithium-ion batteries are still prohibitively expensive under prevailing market conditions.
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页数:5
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