Michael Best & Friedrich, LLP
Electrical energy storage system with battery power setpoint optimization based on battery degradation costs and expected frequency response revenue
An electrical energy storage system includes a battery configured to store and discharge electric power to an energy grid, a power inverter configured to use battery power setpoints to control an amount of the electric power stored or discharged from the battery, and a controller. The controller is configured to generate optimal values for the battery power setpoints as a function of both an estimated amount of battery degradation and an estimated amount of frequency response revenue that will result from the battery power setpoints.
Con Edison Battery Storage, LLC
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Michael J. Kirk H. Brett M.
Wenzel Drees Lenhardt