Efficient Market-Based Storage Management Strategy for FCR Provider with Limited Energy Reservoir

2023 19th International Conference on the European Energy Market (EEM 2023): Proceedings 2023
Kārlis Baltputnis, Zane Broka, Aigars Sīlis, Gunārs Cingels, Gatis Junghāns

We present a market-based storage state of charge management strategy for primary frequency control providers with limited energy reservoirs such as battery energy storage systems. The strategy is the result of research work motivated by relatively recent regulatory condition updates in Continental Europe which stipulate that frequency containment reserve providers cannot rely on dead-band utilization and delivery overfulfillment to manage their reservoirs. In addition, we show how the devised strategy allows an appropriately sized battery system to with-stand the realization of a worst-case scenario, even if the unit is providing multiple reserve products at once and is allowed to recover its state of charge only via the intraday market.

Atslēgas vārdi
ancillary services, balancing, BESS, FCR, storage
DOI
10.1109/EEM58374.2023.10161770
Hipersaite
https://ieeexplore.ieee.org/document/10161770

Baltputnis, K., Broka, Z., Sīlis, A., Cingels, G., Junghāns, G. Efficient Market-Based Storage Management Strategy for FCR Provider with Limited Energy Reservoir. No: 2023 19th International Conference on the European Energy Market (EEM 2023): Proceedings, Somija, Lappeenranta, 6.-8. jūnijs, 2023. Piscataway: IEEE, 2023, 211.-216. lpp. ISBN 979-8-3503-2452-5. e-ISBN 979-8-3503-1258-4. ISSN 2165-4077. e-ISSN 2165-4093. Pieejams: doi:10.1109/EEM58374.2023.10161770

Publikācijas valoda
English (en)