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berkeley_lab_2021-_influence_of_business_models_on_pv-battery_dispatch_decisions_and_market_value.pdf
Preview of Pre-Print Journal Article PDF
🔗 Source: eta-publications.lbl.gov
📊 Size: 2.77 MB
👤 Author: Kristan Johnson
⬇️ Downloads: 152

Summary

This work was supported by the Solar Energy Technologies Office of the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy under Lawrence Berkeley National Laboratory Contract No. DE-AC02-05CH11231. The authors assess the marginal market value of PV-battery hybrids using empirical dispatch data from eleven large-scale projects in the United States. The market value varies by location, technical design, and battery dispatch, with a premium ranging from $1 to $48/MWhsolar. Business models influence PV-battery hybrids' operational strategies, with most operators having alternate objectives, such as peak load reductions or resiliency, rather than optimizing for wholesale market revenue. Understanding dispatch signals and alignment with grid needs can increase the market value of PV-battery hybrids.

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Description

This work was supported by the Solar Energy Technologies Office of the U.S.

Technical Information

  • File Format: PDF
  • File Size: 2.77 MB
  • Pages: 41
  • Language: EN
  • Author: Kristan Johnson
  • Total Downloads: 152
  • Last Updated: 13 hours ago

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