Energy Storage Integration for Industrial Processes

In the last years, the price of storage technologies and power electronics have been considerably reduced. In fact, they are currently being under study for their application in industrial processes. This project seeks to analyze the feasibility of using a local energy storage system to shift loads to cheaper periods. Supercapacitors and batteries are the storage technologies considered in this work. The aim of this system is to reduce the overall energy cost by using demand side management techniques. As a result, the quality of the grid will improve as well. As the main contribution, a software tool for sizing and optimizing energy storage systems to integrate them in industrial processes using the previous energy saving techniques is developed. The developed software also allows to calculate the optimal hybridization ratio between different technologies, based on the selected load