Objective:

Technical Approach:

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Potential Impact:

R. Scott, L. Morris, M.H. Weatherspoon

Cost Analysis Modeling for Peak Shaving of Energy Storage Devices

• Develop Cost Analysis Modeling for DESD• Optimize Battery Sizing Strategy for Peak Shaving

• Literature Review (Cost Analysis – Peak Shaving Model)• Develop Cost Analysis of the LiFePO4 Battery • Model LiFePO4 Battery in COMSOL• Define peak load shaving • List Potential Peak Shaving Models• Summarize Pros and Cons of the Top Commercially Available Peak Shaving Models

• Completed Literature Review • Development of Basis COMSOL Lithium- Ion Battery

• Develop COMSOL Model for the LTO-LMO Battery• Develop Peak Shaving Model • Differentiate Between the New Peak Shaving Model and the Commercially Available Models

• Reduction on the Load Demand needed to support GEH• Reduction in Cost of the ESS