Dynamic Prioritization of Functions during Real-Time Multi-Use Operation of Battery Energy Storage Systems

Abstract

Battery Energy Storage Systems (BESS) based on Li-Ion technology are considered to be one of the providers of services in the future power system. Although prices for Li-Ion batteries are falling continuously, it is still difficult to achieve profitability from a single service today. Multi-use operation of BESS in order to reach a so-called “value-stacking” of services therefore is a hotly debated topic in literature, since such an operation holds the potential to increase profitability dramatically. The multi-use operation of a BESS can be divided into two parts: the operational planning phase and the real-time operation. While the operational planning phase has been examined in many studies, there seems to be a lack of discussion for the real-time operation. This paper therefore tries to address the topic of the real-time operation in more detail. For this reason, this paper discusses concepts for implementing a real-time multi-use operation and introduces the novel concept of dynamic prioritization, which allows resolving conflicts of services. Besides the ability to cope with abnormal grid conditions, this concept also holds potential for a better utilization of resources during normal grid conditions. A mathematical framework is used to describe several services and their interaction, taking into account the concept of dynamic prioritization. Several applications are presented in order to demonstrate the behavior of the concept during normal and abnormal grid conditions. These applications are simulated in MATLAB/SIMULINK for specific events and in the form of long-time simulations.