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1. (WO2017155624) OPTIMAL BATTERY SIZING FOR BEHIND-THE-METER APPLICATIONS CONSIDERING PARTICIPATION IN DEMAND RESPONSE PROGRAMS AND DEMAND CHARGE REDUCTION

Pub. No.:    WO/2017/155624    International Application No.:    PCT/US2017/015307
Publication Date: Fri Sep 15 01:59:59 CEST 2017 International Filing Date: Sat Jan 28 00:59:59 CET 2017
IPC: H02J 3/32
Applicants: NEC LABORATORIES AMERICA, INC.
Inventors: HOOSHMAND, Ali
KANI, Seyyed, Ali, Pourmousavi
SHARMA, Ratnesh
MOHAN, Shankar, Narayan
Title: OPTIMAL BATTERY SIZING FOR BEHIND-THE-METER APPLICATIONS CONSIDERING PARTICIPATION IN DEMAND RESPONSE PROGRAMS AND DEMAND CHARGE REDUCTION
Abstract:
A system and method are provided. The system includes a processor. The processor is configured to receive power related data relating to power usage of power consuming devices at a customer site from a plurality of sources. The processor is further configured to generate object function inputs from the power related data. The processor is additionally configured to apply the generated object function inputs to an objective function to determine an optimal capacity for a battery storage system powering the power consuming devices at the customer site while minimizing a daily operational power cost for the power consuming devices at the customer site. The processor is also configured to initiate an act to control use of one or more batteries of the battery storage system in accordance with the optimal capacity for the battery storage system.