It generates revenue though electricity price arbitrage and reserve service. The BESS''s optimization model and the charging-discharging operation control strategy are established to make maximum revenue. The simulation study is based on one-year data of wind speed, irradiance, and electricity price in Hangzhou City (Zhejiang Province, China).
Among them, the ratio of the electricity revenue of the BESS to the reserve ancillary services revenue is about 5:1. Sensitive analysis considering various peak-valley prices of one day and RE resource conditions is further calculated and discussed. The generated revenue trend is calculated and optimization capacity of BESS is suggested.
As can be seen from Fig. 9, the monthly electricity revenue of the BESS varies from 11,055 $ to 14,685 $, and the monthly reserve ancillary services revenue of the BESS varies from 2072 $ to 2410 $. The electricity revenue of the BESS is about five times that of the reserve ancillary services revenue. Fig. 9.
The scale of the energy storage system and operation strategy was related to the technical and economic performance of the coupling system , . In order to reduce the extra cost of the BESS, it is necessary to conduct the optimization research of the BESS and RE coupling system .
Our photovoltaic systems and energy storage products are engineered for reliability, safety, and efficient deployment. All systems include comprehensive monitoring and control systems with remote management capabilities.
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