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Energy storage systems (ESSs) are essential components of the future smart grid to smooth out the fluctuating output of renewable energy generators. However, installing large number of ESSs for individual energy consumers may not be…

Systems and Control · Computer Science 2016-07-25 Katayoun Rahbar , Mohammad R. Vedady Moghadam , Sanjib Kumar Panda , Thomas Reindl

In order to foster renewable energy integration, improve power quality and reliability, and reduce hydrocarbon emissions, there is a strong need to deploy energy storage systems (ESSs), which can provide a control medium for peak hour…

Optimization and Control · Mathematics 2016-11-17 Islam Safak Bayram , Mohamed Abdallah , Ali Tajer , Khalid Qaraqe

In future smart grids, energy storage systems (ESSs) are expected to play a key role in reducing peak hour electricity generation cost and the associated level of carbon emissions. Considering their high acquisition, operation, and…

Optimization and Control · Mathematics 2015-01-08 I. Safak Bayram , Mohamed Abdallah , Ali Tajer , Khalid Qaraqe

This paper investigates the energy management problem for multiple self-interested users, each with renewable energy generation as well as both the fixed and controllable loads, that all share a common energy storage system (ESS). The…

Systems and Control · Computer Science 2016-08-16 Katayoun Rahbar , Mohammad R. Vedady Moghadam , Sanjib Kumar Panda , Thomas Reindl

An operational optimization strategy for microgrid energy storage systems (ESSs) is developed to address practical user-oriented application requirements, and its effectiveness is validated using real-world operational data. First, a…

Systems and Control · Electrical Eng. & Systems 2026-01-06 Jinzhou Xu , Yuanxin Zhuo , Paola Tapia

Energy storage systems (ESSs) are essential components of the future smart grids with high penetration of renewable energy sources. However, deploying individual ESSs for all energy consumers, especially in large systems, may not be…

Systems and Control · Computer Science 2017-06-05 Katayoun Rahbar , Mohammad R. Vedady Moghadam , Sanjib Kumar Panda

Home energy management systems (HEMSs) are expected to become a crucial part of future smart grids. However, there is a limited number of studies that comprehensively assess the potential economic benefits of HEMS for consumers under real…

Optimization and Control · Mathematics 2022-03-17 Julian Lemos-Vinasco , Amos Schledorn , S. Ali Pourmousavi , Daniela Guericke

This paper proposes a cloud energy storage (CES) model for enabling local renewable integration of building consumers (BCs). Different from most existing third-party based ES sharing models that the energy storage operator (ESO) gains…

Computer Science and Game Theory · Computer Science 2021-01-26 Yu Yang , Utkarsha Agwan , Guoqiang Hu , Costas J. Spanos

Distributed, controllable energy storage devices offer several benefits to electric power system operation. Three such benefits include reducing peak load, providing standby power, and enhancing power quality. These benefits, however, are…

Physics and Society · Physics 2014-09-10 Reza Arghandeh , Jeremy Woyak , Ahmet Onen , Jaesung Jung , Robert P. Broadwater

Electricity storage systems (ESS) are hailed by many scholars and practitioners as a key element of the future electricity systems and a key step toward the transition to renewables . Nonetheless, the global speed of ESS implementation is…

Systems and Control · Electrical Eng. & Systems 2021-12-22 Ahamad Reza Mir Mohammadi Kooshknow , Rien Herber , Franco Ruzzenenti

The power system needs more transmission capacity to deal with the increasing integration of renewable energy resources. The battery energy storage systems (BESSs) are effective to enhance the grid capacity and relieve the transmission…

Systems and Control · Electrical Eng. & Systems 2021-10-18 Zhongyang Zhao , Caisheng Wang , Masoud H. Nazari

The growing amount of intermittent renewables in power generation creates challenges for real-time matching of supply and demand in the power grid. Emerging ancillary power markets provide new incentives to consumers (e.g., electrical…

Systems and Control · Computer Science 2016-02-09 Hao Chen , Zhenhua Liu , Ayse K. Coskun , Adam Wierman

This paper evaluates how the planning of a community energy storage (CES) system under different energy trading schemes (ETSs) can benefit low voltage (LV) prosumers and the CES provider equitably. First, we consider an ETS where the CES…

Systems and Control · Electrical Eng. & Systems 2023-07-14 K. B. J. Anuradha , Jose Iria , Chathurika P. Mediwaththe

Deployment of shared energy storage systems (SESS) allows users to use the stored energy to meet their own energy demands while saving energy costs without installing private energy storage equipment. In this paper, we consider a group of…

Systems and Control · Electrical Eng. & Systems 2023-02-17 Ruohong Liu , Yize Chen

With increasingly favorable economics and bundling of different grid services, energy storage systems (ESS) are expected to play a key role in integrating renewable generation. This work considers the coordination of ESS owned by customers…

Optimization and Control · Mathematics 2018-05-31 Sarthak Gupta , Vassilis Kekatos , Walid Saad

In this study, we investigate the operation of an optimal home energy management system (HEMS) with integrated renewable energy system (RES) and energy storage system (ESS) supporting electricity selling functions. A multi-objective mixed…

Systems and Control · Electrical Eng. & Systems 2021-01-19 Huy Truong Dinh , Daehee Kim

Many residential prosumers exhibit a high price-tolerance for household electricity bills and a low response to price incentives. This is because the household electricity bills are not inherently high, and the potential for saving on…

Systems and Control · Electrical Eng. & Systems 2025-01-15 Xin Lu , Jing Qiu , Cuo Zhang , Gang Lei , Jianguo Zhu

We analyze the potential benefits that energy storage systems (ESS) can bring to distribution networks in terms of cost, stability and flexibility. We propose an optimization model for the optimal sizing, siting, and operation of storage…

Systems and Control · Electrical Eng. & Systems 2024-05-28 Sahar Moghimian Hoosh , Henni Ouerdane , Vladimir Terzija , David Pozo

The provision of renewable electricity is the foundation for a sustainable future. To achieve the goal of sustainable renewable energy, Battery Energy Storage Systems (BESS) could play a key role to counteract the intermittency of solar and…

Trading and Market Microstructure · Quantitative Finance 2025-09-29 Luis van Sandbergen

Energy storage promotes the integration of renewables by operating with charge and discharge policies that balance an intermittent power supply. A key challenge in this emerging sector is how to optimize the operation of storage assets…

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