AMPS: Optimal Dispatch, Ancillary Services Bidding and Strategic Interactions of Battery E — NSF Award to University of California
Battery Energy Storage Systems (BESS) are a key mechanism for decarbonizing the grid by complementing and time-shifting the inherent uncertainty of weather-contingent variable renewable energy assets. The rapid build out of BESS capacity is reshaping the power grid, adding a new class of energy resources with multiple
| Award title | AMPS: Optimal Dispatch, Ancillary Services Bidding and Strategic Interactions of Battery E |
|---|---|
| Award ID | 2420988 |
| Awardee | University of California-Santa Barbara |
| City | SANTA BARBARA |
| State | CA |
| Amount obligated | $350,000 |
| Principal investigator | Michael Ludkovski |
| Program | AMPS-Algorithms for Modern Pow |
| Start date | 07/01/2025 |
| Abstract | Battery Energy Storage Systems (BESS) are a key mechanism for decarbonizing the grid by complementing and time-shifting the inherent uncertainty of weather-contingent variable renewable energy assets. The rapid build out of BESS capacity is reshaping the power grid, adding a new class of energy resources with multiple flexibilities. This project will provide new tools for designing efficient market policies that maximize the benefits of BESS and fairly incentivize private BESS operators to provi |
| Source | NSF Awards |
$799/mo
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