Uniform Storage Model

Key Features

• Year-Round Optimization: USM optimizes every aspect of battery operations throughout the entire year, covering all 8760 hours. This optimization takes into account factors such as colocation, congestion, correlations, diversity, and competition, ensuring that storage resources are leveraged to their full potential.
• Profitability Maximization: The primary objective of USM is to maximize profitability by efficiently managing the state of charge in storage units and exploiting price differences between charging and discharging energy. USM is fully integrated into the comprehensive UPLAN-NPM© generation and transmission model, bridging the gap between theoretical storage concepts and real-world applications.
• Ancillary Services and Security Constraints: USM facilitates the consideration of ancillary services, enabling security-constrained unit commitment and security-constrained economic dispatch for all system resources.
• Mathematical Program Optimal Power Flow: The embedded Mathematical Program Optimal Power Flow further enhances efficiency by optimizing hourly power flow across the system.

Conclusion

In essence, USM and its integration into UPLAN-NPM© bring the promise of energy storage from the laboratory into the dynamic reality of the energy grid, providing a comprehensive solution for energy optimization and management, whether for long-duration or short-duration storage.

Contact

For further information regarding the Uniform Storage Model and its pricing, please contact LCG directly at 1(650) 962-9670 or [email protected].