Related papers: Dynamic Valuation of Battery Lifetime
The growing penetration of renewable generation in distribution networks, primarily deployed by end-use electricity customers, is changing the traditional load profile and inevitably makes supply-load balancing more challenging for grid…
Problem definition: Vehicle-to-grid increases the low utilization rate of privately owned electric vehicles by making their batteries available to electricity grids. We formulate a robust optimization problem that maximizes a vehicle…
Industrial electricity consumers with flexible demand can profit by adjusting their load to short-term prices and by providing balancing services to the grid. Markets which support this kind of short-term position adjustment are the…
Electric Vehicle (EV) penetration and renewable energies enables synergies between energy supply, vehicle users, and the mobility sector. However, also new issues arise for car manufacturers: During charging and discharging of EV batteries…
Electric power systems are undergoing a major transformation as they integrate intermittent renewable energy sources, and batteries to smooth out variations in renewable energy production. As privately-owned batteries grow from their role…
Lithium-ion batteries are widely used in various applications, including portable electronic devices, electric vehicles, and renewable energy storage systems. Accurately estimating the remaining useful life of these batteries is crucial for…
By informing accurate performance (e.g., capacity), health state management plays a significant role in safeguarding battery and its powered system. While most current approaches are primarily based on data-driven methods, lacking in-depth…
In this paper we introduce the problem of dynamic pricing of power for smart-grid networks. This is studied within a network utility maximization (NUM) framework in a deterministic setting with a single provider, multiple users and a finite…
This work optimizes a lithium-ion battery charging schedule while considering a joint revenue and battery degradation model. The study extends the work of Meheswari et. al. to encourage battery usage/charging at optimal intervals depending…
Demand-side management presents significant benefits in reducing the energy load in smart grids by balancing consumption demands or including energy generation and/or storage devices in the user's side. These techniques coordinate the…
We consider using a battery storage system simultaneously for peak shaving and frequency regulation through a joint optimization framework which captures battery degradation, operational constraints and uncertainties in customer load and…
The techno-economic benefits of incorporating battery degradation into advanced control strategies necessitate the development of degradation diagnosis as an advanced function in battery management systems (BMSs). To address this, a…
Early prediction of remaining useful life (RUL) is crucial for effective battery management across various industries, ranging from household appliances to large-scale applications. Accurate RUL prediction improves the reliability and…
The rapid expansion of data center infrastructure is reshaping power system dynamics by significantly increasing electricity demand while also offering potential for fast and controllable flexibility. To ensure reliable operation under such…
Efficiently integrating renewable resources into electricity markets is vital for addressing the challenges of matching real-time supply and demand while reducing the significant energy wastage resulting from curtailments. To address this…
Increased penetration of Distributed Energy Resources (DER) and Renewable Energy Systems (RES) transforming the conventional distribution grid into a transactive framework supervised by a distribution system operator (DSO). Although the…
Electricity storage is used for intertemporal price arbitrage and for ancillary services that balance unforeseen supply and demand fluctuations via frequency regulation. We present an optimization model that computes bids for both arbitrage…
Battery swapping stations (BSS) offer a fast and scalable alternative to conventional electric vehicle (EV) charging, gaining growing policy support worldwide. However, existing BSS control strategies typically rely on heuristics or…
We consider the task of controlling a battery while balancing two competing objectives that evolve over different time scales. The short-term objective, such as arbitrage or load smoothing, improves with more battery cycling, while the…
Energy arbitrage is one of the most profitable sources of income for battery operators, generating revenues by buying and selling electricity at different prices. Forecasting these revenues is challenging due to the inherent uncertainty of…