Site Selection Criteria for Battery Energy Storage in Power Systems

Battery energy storage systems (BESSs) have gained potential recognition for the grid services they can offer to power systems. Choosing an appropriate BESS location plays a key role in maximizing benefits from those services. This paper aims at analyzing the significance of site selection for placement of BESS in a power grid by providing a techno-economic evaluation with respect to specific grid services it can deliver, and benefits that can be extracted from those services in the form of revenue streams. The focus of the previous studies extended in this direction has been limited to the optimization techniques and software tools being used for BESS siting. However, questions around the benefits that stakeholders can derive from BESSs located at different levels of power network still remain unanswered. This paper handles those questions by drawing a link between technical considerations essential for BESS placement and their economic evaluations.