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Open Access research with a European policy impact...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by Strathclyde researchers, including by researchers from the European Policies Research Centre (EPRC).

EPRC is a leading institute in Europe for comparative research on public policy, with a particular focus on regional development policies. Spanning 30 European countries, EPRC research programmes have a strong emphasis on applied research and knowledge exchange, including the provision of policy advice to EU institutions and national and sub-national government authorities throughout Europe.

Explore research outputs by the European Policies Research Centre...

Challenges to a full energy storage optimisation

Hartwig, Karl Petter and Kockar, Ivana and Gill, Simon and McMillan, David (2014) Challenges to a full energy storage optimisation. In: UK energy storage conference, 2014-11-25 - 2015-11-27, University of Warwick.

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Abstract

A large proportion of the analyses of Energy Storage (ES) in electricity markets utilises linear and non-linear optimisation to evaluate possible returns for investors and impact on power system operation. While such formulations commonly include simplified characteristics of ES roundtrip efficiencies and self-discharge, the effects of storage operation on asset lifetime tends to be ignored. Sophisticated physical models are infeasible to incorporate into large-scale optimisation models from a computational point of view. However there is scope for significant improvements in the decision models by considering simplified representation of aging effects. This work proposes to include a cost function for battery degradation linked to a number of constraints to account for such effects in the ES scheduling.