Conference article

Feasibility Study and Techno-economic Optimization Model for Battery Thermal Management System

Mohammad Rezwan Khan
Aalborg University, Denmark

Mads Pagh Nielsen
Department of Energy Technology, Aalborg University, Denmark

Søren Knudsen Kær
Aalborg University, Denmark

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Published in: Proceedings of the 55th Conference on Simulation and Modelling (SIMS 55), Modelling, Simulation and Optimization, 21-22 October 2014, Aalborg, Denmark

Linköping Electronic Conference Proceedings 108:2, p. 16-27

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Published: 2014-12-09

ISBN: 978-91-7519-376-2

ISSN: 1650-3686 (print), 1650-3740 (online)

Abstract

The paper investigates the feasibility of employing a battery thermal management system (BTMS) in different applications based on a techno economic analysis considering the battery lifetime and application profile, i.e. current requirement. The preliminary objective is to set the decision criteria of employing a BTMS and if the outcome of the decision is positive, to determine the type of the employed BTMS. However, employing a BTMS needs to meet a number of application requirements and different BTMS associates a different amount of capital cost to ensure the battery performance over its lifetime. Hence, the objective of this paper is to develop and detail the method of the feasibility for commissioning BTMS called "The decision tool frame-work" (DTF) and to investigate its sensitivity to major factors (e.g. lifetime and application requirement) which are well-known to influence the battery pack thermal performance, battery pack performance and ultimately the performance as well as utility of the desired application. This DTF is designed to provide a common frame-work of a BTMS manufacturer and designer to evaluate the options of different BTMS applicable for different applications and operating conditions. The results provide insight into the feasibility and the required specification and configuration of a BTMS.

Keywords

Batteries; Economical Analysis; Cash Flow; Batteries; Battery Storage; Techno Economic Model and Analysis; Battery Thermal Management; Lifetime; Feasibility Procurement

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