Article (Scientific journals)
Defining and Evaluating Use Cases for Battery Energy Storage Investments: Case Study in Croatia
PAVIĆ, Ivan; Luburić, Zora; Pandžić, Hrvoje et al.
2019In Energies, 12 (3), p. 376
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Keywords :
Energy arbitrage; Energy storage; Peak shaving
Abstract :
[en] Battery energy storage systems (BESS) and renewable energy sources are complementary technologies from the power system viewpoint, where renewable energy sources behave as flexibility sinks and create business opportunities for BESS as flexibility sources. Various stakeholders can use BESS to balance, stabilize and flatten demand/generation patterns. These applications depend on the stakeholder role, flexibility service needed from the battery, market opportunities and obstacles, as well as regulatory aspects encouraging or hindering integration of storage technologies. While developed countries are quickly removing barriers and increasing the integration share of BESS, this is seldom the case in developing countries. The paper identifies multiple case opportunities for different power system stakeholders in Croatia, models potential BESS applications using real-world case studies, analyzes feasibility of these investments, and discusses financial returns and barriers to overcome.
Research center :
Interdisciplinary Centre for Security, Reliability and Trust (SnT) > FINATRAX - Digital Financial Services and Cross-organizational Digital Transformations
Disciplines :
Management information systems
Computer science
Electrical & electronics engineering
Author, co-author :
PAVIĆ, Ivan  ;  University of Luxembourg > Interdisciplinary Centre for Security, Reliability and Trust (SNT) > FINATRAX
Luburić, Zora;  Faculty of Electrical Engineering and Computing, University of Zagreb, Zagreb, Croatia
Pandžić, Hrvoje;  Faculty of Electrical Engineering and Computing, University of Zagreb, Zagreb, Croatia
Capuder, Tomislav ;  Faculty of Electrical Engineering and Computing, University of Zagreb, Zagreb, Croatia
Andročec, Ivan;  Croatian Power Utility (Hrvatska Elektroprivreda d.d., Zagreb, Croatia
External co-authors :
yes
Language :
English
Title :
Defining and Evaluating Use Cases for Battery Energy Storage Investments: Case Study in Croatia
Original title :
[en] Defining and Evaluating Use Cases for Battery Energy Storage Investments: Case Study in Croatia
Publication date :
24 January 2019
Journal title :
Energies
ISSN :
1996-1073
Publisher :
MDPI AG, Basel, Che
Volume :
12
Issue :
3
Pages :
376
Peer reviewed :
Peer Reviewed verified by ORBi
Focus Area :
Security, Reliability and Trust
Development Goals :
9. Industry, innovation and infrastructure
Funders :
HRZZ - Croatian Science Foundation
Croatian Environmental Protection and Energy Efficiency Fund
Funding text :
This work was supported in part by the Croatian Environmental Protection and Energy Efficiency Fund under the project Microgrid Positioning (uGRIP) from the ERA Net Smart Grids Plus funding scheme and by Croatian Science Foundation (HRZZ) through Climate change research program for period 2015–2016 supported by Government of Croatia project SUCCESS—Sustainable Concept for Integration of Distributed Energy Storage Systems.
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