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Sure! A good one is battery storage. When you install a battery in a building in order to manage load more effectively, how do you know when you should charge
by diafygi 7y ago
Sure! A good one is battery storage.
When you install a battery in a building in order to manage load more effectively, how do you know when you should charge and discharge the battery? There's a ton of complexities going all the way from not hurting the battery by cycling it too much, to tariff complexities for optimizing the maximum dollar impact to the customer. Then throw on top of that new incentive programs that start to pay out for things like demand response, frequency control, and load shifting for the overall grid. The term in the storage space is called "value stacking", and it's a very hard problem that requires a ton of data and calculations.
Sounds like a great gig for data scientist!