Optimal Sizing of BESS for Customer Demand Management

The paper proposes an optimal sizing method of a customer's Battery Energy Storage System(BESS) which aims at managing the electricity demand of the customer to minimize electricity cost under the time of use(TOU) pricing. Peak load limit of the customer and charging and discharging schedules o...

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Bibliographic Details
Published inJournal of International Council of Electrical Engineering Vol. 4; no. 1; pp. 30 - 36
Main Authors Cho, Kyeong-Hee, Kim, Seul-Ki, Kim, Eung-Sang
Format Journal Article
LanguageKorean
Published 2014
Subjects
Charging and discharging schedule
Battery energy storage system
Reduction rate
Peak load limit
Demand management
Optimal sizing
Electric cost
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