While the technology required to produce viable Battery Energy Storage System exists, the economic feasibility (cost vs. benefits) of building these systems requires justification. First, a generalized decision diagram was developed to ensure that all of the economic factors were considered and properly related for the customer-side-of-the meter. Next, two economic models that had consistently given differing results were compared. One was the McKinney model developed at UM-Rolla in 1987; the second was the SYSPLAN model developed by Battelle. Differences were resolved on a point-by-point basis with reference to the current economic environment. The economic model was upgraded to include the best of both models based on the resolution of these differences. The upgrades were implemented as modifications to the original SYSPLAN (1986 version) to preserve user friendliness. Four specific cases were evaluated and compared. The results were as predicted, since comparison was made with two known models. © 1990 IEEE


Electrical and Computer Engineering

Second Department

Business and Information Technology

Keywords and Phrases

Battery Energy Storage; Load Leveling; Peak Shaving; Power Distribution Systems

International Standard Serial Number (ISSN)

1558-0059; 0885-8969

Document Type

Article - Journal

Document Version


File Type





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Publication Date

01 Jan 1990