OPTIMIZATION TECHNIQUES WITH HYBRID ENERGY STORAGE SYSTEM: A REVIEW
The energy economy is at risk with the increasing rate of CO2 emission, depletion of non-renewable energy resources and continue rise of oil demand. This urgency requires the use of clean energy. The replacement of internal combustion engine with electric vehicles can help to reduce the air pollution or CO2 emission. Across worldwide, automobiles manufacturers are developing the hybrid electric vehicles. They are examining these vehicles for high fuel economy. The assemblages to vehicle-to-grid system and plug-in-hybrid-vehicles might take advantages of renewable energy. The gap between the energy generation and demand can be accomplish by Electrical energy storage system. These consists of several technologies like flywheel, compressed air but batteries become the foremost in electricity. Battery energy storage systems offer the promising storage for power applications. Safe, high energy density, rechargeable and low-cost batteries play significant role for energy demand. Hence, the optimization process helps to determine the best solution among these. This paper presents the discussion on different optimization techniques for sizing and cost analysis of battery storage system. These strategical tools focus on the improvement of the fuel economy with reduction in battery size. The discussion is vital for enhancing the overall efficiency and dynamics of storage system.