Open to all Stanford students, faculty and staff.
Abstract: While the cost of battery energy storage systems is decreasing, justifying their deployment beyond pilot or subsidized projects remains challenging. In this talk, we will discuss how to optimize the size and location of batteries used for spatio-temporal arbitrage by either vertically-integrated utilities or merchant storage developers. We will also consider other applications of battery energy storage, such as reserve and frequency regulation and how battery degradation can be taken into account in optimal dispatch decisions.
Bio: Daniel Kirschen is the Donald W. and Ruth Mary Close Professor of Electrical Engineering at the University of Washington. His research focuses on smart grids, the integration of renewable energy sources in the grid, power system economics and power system security. Prior to joining the University of Washington, he taught for 16 years at the University of Manchester. Before becoming an academic, Daniel worked for Control Data and Siemens on the development of application software for utility control centers. He received his PhD from the University of Wisconsin and his Electro-Mechanical Engineering degree from the Université Libre de Bruxelles (Belgium).