Techno-economics analysis of battery energy storage system (BESS) design for virtual power plant (VPP)-a case study in Malaysia
Renewable Energy (RE) penetration to power system has been a trend in recent years. Malaysia under the new RE target has a vision to achieve 20% of RE in energy mix by 2025. Flexibility and stability of power system can be a concern due to high penetration of RE in the system. Battery Energy Storage...
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Format: | Article |
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Elsevier BV
2021
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author | Wan Abdullah, Wan Syakirah Osman, Miszaina Ab Kadir, Mohd Zainal Abidin Verayiah, Renuga Ab Aziz, Nur Fadilah Abdul Rasheed, Mohamed |
author_facet | Wan Abdullah, Wan Syakirah Osman, Miszaina Ab Kadir, Mohd Zainal Abidin Verayiah, Renuga Ab Aziz, Nur Fadilah Abdul Rasheed, Mohamed |
author_sort | Wan Abdullah, Wan Syakirah |
collection | UPM |
description | Renewable Energy (RE) penetration to power system has been a trend in recent years. Malaysia under the new RE target has a vision to achieve 20% of RE in energy mix by 2025. Flexibility and stability of power system can be a concern due to high penetration of RE in the system. Battery Energy Storage System (BESS) has been identified as one of the possible solutions to mitigate this issue. This paper will discuss the capabilities of this technology to reduce peak demand charge and potential to solve power system issues and the techno-economic analysis for this technology. This covers technical and economic analysis to ensure viability and feasibility of this technology. This is a novel analysis in terms of Malaysian energy market as BESS is considered relatively new technology and still in early stage in terms of commercial deployment. |
first_indexed | 2024-03-06T11:01:13Z |
format | Article |
id | upm.eprints-95307 |
institution | Universiti Putra Malaysia |
last_indexed | 2024-03-06T11:01:13Z |
publishDate | 2021 |
publisher | Elsevier BV |
record_format | dspace |
spelling | upm.eprints-953072023-03-06T04:17:23Z http://psasir.upm.edu.my/id/eprint/95307/ Techno-economics analysis of battery energy storage system (BESS) design for virtual power plant (VPP)-a case study in Malaysia Wan Abdullah, Wan Syakirah Osman, Miszaina Ab Kadir, Mohd Zainal Abidin Verayiah, Renuga Ab Aziz, Nur Fadilah Abdul Rasheed, Mohamed Renewable Energy (RE) penetration to power system has been a trend in recent years. Malaysia under the new RE target has a vision to achieve 20% of RE in energy mix by 2025. Flexibility and stability of power system can be a concern due to high penetration of RE in the system. Battery Energy Storage System (BESS) has been identified as one of the possible solutions to mitigate this issue. This paper will discuss the capabilities of this technology to reduce peak demand charge and potential to solve power system issues and the techno-economic analysis for this technology. This covers technical and economic analysis to ensure viability and feasibility of this technology. This is a novel analysis in terms of Malaysian energy market as BESS is considered relatively new technology and still in early stage in terms of commercial deployment. Elsevier BV 2021 Article PeerReviewed Wan Abdullah, Wan Syakirah and Osman, Miszaina and Ab Kadir, Mohd Zainal Abidin and Verayiah, Renuga and Ab Aziz, Nur Fadilah and Abdul Rasheed, Mohamed (2021) Techno-economics analysis of battery energy storage system (BESS) design for virtual power plant (VPP)-a case study in Malaysia. Journal of Energy Storage, 38. pp. 1-9. ISSN 2352-152X; ESSN: 2352-1538 https://www.sciencedirect.com/science/article/pii/S2352152X21003133 10.1016/j.est.2021.102568 |
spellingShingle | Wan Abdullah, Wan Syakirah Osman, Miszaina Ab Kadir, Mohd Zainal Abidin Verayiah, Renuga Ab Aziz, Nur Fadilah Abdul Rasheed, Mohamed Techno-economics analysis of battery energy storage system (BESS) design for virtual power plant (VPP)-a case study in Malaysia |
title | Techno-economics analysis of battery energy storage system (BESS) design for virtual power plant (VPP)-a case study in Malaysia |
title_full | Techno-economics analysis of battery energy storage system (BESS) design for virtual power plant (VPP)-a case study in Malaysia |
title_fullStr | Techno-economics analysis of battery energy storage system (BESS) design for virtual power plant (VPP)-a case study in Malaysia |
title_full_unstemmed | Techno-economics analysis of battery energy storage system (BESS) design for virtual power plant (VPP)-a case study in Malaysia |
title_short | Techno-economics analysis of battery energy storage system (BESS) design for virtual power plant (VPP)-a case study in Malaysia |
title_sort | techno economics analysis of battery energy storage system bess design for virtual power plant vpp a case study in malaysia |
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