Impact of energy storage costs on economical performance in a distribution substation

By F. A. Chacra, P. Bastard, G. Fleury, Régine Clavreul. IEEE Transactions on Power Systems, 2005

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Spinning Reserve Estimation in Microgrids (2009, background): “An ESS should satisfy the following constraints [105, 106]: Output power limits: | E t p | ≤ max E p (4.”
Economic Allocation for Energy Storage System Considering Wind Power Distribution (2015, methodology): “A genetic algorithm (GA) optimization technique based on a multiple objective function was used in [4] to evaluate the economic impact of the energy-storage-specific costs on the net present value of energy storage installations in distribution substations.”
The Next Generation of Power Distribution Systems (2010, background): “, substation batteries [40]; flywheels [41]; superconducting magnetic energy storage devices [42]).”
Whole-Systems Assessment of the Value of Energy Storage in Low-Carbon Electricity Systems (2014, background): “The net present value (NPV) of storage installations in distribution substations is quantified in [19] as a function of unit costs of storage power and energy.”
A comparative overview of large-scale battery systems for electricity storage (2013, background): “In particular, the power and energy related costs, as well as the environmental issues of each energy storage system [36,75–83] are tabulated in Table 6.”