Search

Redox Flow Batteries are a promising option for large-scale stationary energy storage. The vanadium redox flow battery is the most widely commercialized system thanks to its chemical stability and performance. This work aims to optimize the scheduling of a vanadium flow battery that stores energy produced by a renewable power plant, keeping into account a thorough characterization of the battery performance, with variable efficiencies and capacity fade effects. A detailed characterization of the battery performance improves the calculation of the optimal number of cycles and revenue associated with the battery use if compared to the results obtained using simpler models, which take into account constant efficiencies and no capacity fade effects. The presented problem is nonlinear due to the functions of the battery efficiency, which depend upon charging and discharging powers and state of charge with nonlinear, non-convex correlations. The problem is linearized using convex hulls. The optimization program also calculates the progressive battery capacity fade due to undesired secondary electrochemical reactions and the economic impact of capacity restoration through periodic maintenance. The final problem is solved as a Mixed-Integer Linear Program (MILP) to guarantee the global optimality of the linearized problem. The proposed optimization model has been applied to two different case studies: a case of energy arbitrage and a case of load-shifting. The optimization results have been compared to those obtained with constant battery efficiency models, which do not consider the capacity fade effects. Results show that simpler models overestimate the optimal number of cycles of the battery and the revenue by up to 15% if they do not take into account the degradation model of the battery, and respectively up to 32% and 42% if they also assume constant efficiency for the battery., Comment: Journal of Energy Storage, Volume 59, March 2023, 106500