Robust Rule-Based Sizing and Control of Batteries for Peak Shaving Applications

As the cost of batteries lowers, sizing and control methods that are both fast and can achieve their promised performances when deployed are becoming more important. In this paper, we show how stochastically tuned rule based controllers (RBCs) can be effectively used to achieve both these goals, providing more realistic estimates in terms of achievable levelised cost of energy (LCOE), and better performances while in operation when compared to deterministic model predictive control (MPC). We test the proposed methodology on yearly profiles from real meters for peak shaving applications and provide strong evidence about these claims.