1. Co-Optimization of Behind-the-Meter and Front-of-Meter Value Streams in Community Batteries
- Author
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Carmen Bas Domenech, Antonella Maria De Corato, and Pierluigi Mancarella
- Subjects
Behind-the-meter ,community battery ,distributed energy resource (DER) ,energy community ,front-of-meter ,value stacking ,Production of electric energy or power. Powerplants. Central stations ,TK1001-1841 ,Renewable energy sources ,TJ807-830 - Abstract
Community batteries (CBs) are emerging to support and even enable energy communities and generally help consumers, especially space-constrained ones, to access potential techno-economic benefits from storage and support local grid decarbonization. However, the economic viability of CB projects is often uncertain. In this regard, typical feasibility studies assess CB value for behind-the-meter (BTM) operation or whole-sale market participation, i.e., front-of-meter (FOM). This work proposes a novel techno-economic operational framework that allows systematic assessment of the different options and introduces a two-meter architecture that co-optimizes both BTM and FOM benefits. A real CB project application in Australia is used to demonstrate the significant two-meter co-optimization opportunities that could enhance the business case of CB and energy communities by multi-service provision and value stacking.
- Published
- 2024
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