On April 12, we organized a scientific seminar on “Where is the Value of Controlled Power?“. Tereza Ábelová, a PhD student at Slovak University of Technology in Bratislava, Slovakia, led the seminar, which was organized in the framework of the FrontSeat project as part of the seminar series on “Research Seminar on Smart Cybernetics”.
Abstract:
A topic that connects my work done in the past year is the battery energy storage system. While energy generation assets like photovoltaics bring benefits “without our intervention”, with the battery storage it is not so straightforward. It brings value and is worth capital costs only when is operated and controlled optimally. There are several ways how battery storage can generate value, not just for the owner but for the whole power system. The challenge is to stack multiple functionalities and aggregate multiple storages/microgrids. To do that, economic model predictive control comes in handy. A storage asset doesn’t stand on its own but is a player in a complex scheme of the power system and has to respect the rules of energy markets, grid operators, balancing mechanisms, and other participants. Before the control comes modeling, all the rules must be properly addressed, and the problem must be formulated. In this presentation, the most recent progress in the development and deployment of the versatile energy management system based on the MPC will be shown, together with the challenges that practice brings.
This project has received funding from the European Union’s Horizon under grant no. 101079342 (Fostering Opportunities Towards Slovak Excellence in Advanced Control for Smart Industries).
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