Battery Storage for Resilient Homes

Payne Institute Director Morgan Bazilian and Emon Chatterji write about small-scale battery energy storage systems (BESS), especially for behind-the-meter applications, that are still relatively expensive, but we show that it can be a potent solution to render homes resilient to storm related power outages. We present a stochastic programming model formulation to optimize PV/BESS explicitly accounting for resilience benefits these investments entail, over and above their ability to reduce cost of supply.  October 20, 2020.