177 citations · 344 across the 23 of their papers we have counts for
7 papers · 1 filter
Optimal Battery Participation in Frequency Regulation Markets
Bolun Xu, Yuanyuan Shi, Daniel S. Kirschen +1
Battery participants in performance-based frequency regulation markets must consider the cost of battery aging in their operating strategies to maximize market profits. In this pap…
Optimal Battery Control Under Cycle Aging Mechanisms in Pay for Performance Settings
Yuanyuan Shi, Bolun Xu, Yushi Tan +2
We study the optimal control of battery energy storage under a general "pay-for-performance" setup such as providing frequency regulation and renewable integration. In these settin…
Factoring the Cycle Aging Cost of Batteries Participating in Electricity Markets
Bolun Xu, Jinye Zhao, Tongxin Zheng +2
When participating in electricity markets, owners of battery energy storage systems must bid in such a way that their revenues will at least cover their true cost of operation. Sin…
A Convex Cycle-based Degradation Model for Battery Energy Storage Planning and Operation
Yuanyuan Shi, Bolun Xu, Yushi Tan +1
A vital aspect in energy storage planning and operation is to accurately model its operational cost, which mainly comes from the battery cell degradation. Battery degradation can b…
Optimal Regulation Response of Batteries Under Cycle Aging Mechanisms
Bolun Xu, Yuanyuan Shi, Daniel S. Kirschen +1
When providing frequency regulation in a pay-for-performance market, batteries need to carefully balance the trade-off between following regulation signals and their degradation co…
Impact of Local Transmission Congestion on Energy Storage Arbitrage Opportunities
Yishen Wang, Yury Dvorkin, Ricardo Fernández-Blanco +2
Reduced installation and operating costs give energy storage systems an opportunity to participate actively and profitably in electricity markets. In addition to providing ancillar…
Using Battery Storage for Peak Shaving and Frequency Regulation: Joint Optimization for Superlinear Gains
Yuanyuan Shi, Bolun Xu, Di Wang +1
We consider using a battery storage system simultaneously for peak shaving and frequency regulation through a joint optimization framework which captures battery degradation, opera…