New energy generation and storage systems are continuously being developed due to
climate change, resource scarcity, and environmental laws. Some systems are incremental …

We develop a methodology for maximizing the present value of an independently operated
electric energy storage (EES) unit co-optimized to perform both energy arbitrage (EA) and …

Applications of Battery Energy Storage Systems (BESS) in the power grids will be expanded
in the coming years due to factors such as decreasing costs of such systems. In a modern …

Several renewable energies such as wind and solar are intermittent. To increase renewable
energy penetration, Electrical Energy Storage (EES) systems are becoming increasingly …

Miguel Arias Cañete, Commissioner for Climate Action and Energy described the urge of
investments in renewable energies in the following way [30]:“Global investments hold the …

Increased environmental concern and favorable government policies in the recent years
have resulted in rapid growth of Renewable Energy Sources (RESs), such as Solar …

With the large-scale integration of renewable energy, power balance in the electricity system
is becoming increasingly difficult to maintain. The stability of the power system is closely …

Abstract An advanced Energy Storage device modeling, namely, Zinc Bromide, is proposed
to integrate a new software Smartbuilds, developed by Marquette University, based on an …

Conclusions Reached Successfully modeled a battery storage system with AC/DC converter
and DC/DC bidirectional converter, based on state-space simulation model, and added two …

High economic operation cost in power systems is one of the challenges toward the
development of the new smart distribution networks. Designing an energy storage system …