Related papers: Residential Energy Storage Management with Bidirec…
As variable renewable energy sources comprise a growing share of total electricity generation, energy storage technologies are becoming increasingly critical for balancing energy generation and demand. In this study, we modeled an existing…
The increasing number of Electric Vehicles (EVs) have led to rising energy demands which aggregates the burden on grid supply. A few solutions have been proposed to reduce grid load, for example, using storage systems for storing surplus…
Energy storage systems will play a key role in the power system of the twenty first century considering the large penetrations of variable renewable energy, growth in transport electrification and decentralisation of heating loads.…
This paper studies the problem of stochastic dynamic pricing and energy management policy for electric vehicle (EV) charging service providers. In the presence of renewable energy integration and energy storage system, EV charging service…
The integration of distributed energy resources, particularly photovoltaic (PV) systems and electric vehicles (EVs), introduces significant uncertainty and complexity into modern energy systems. This paper explores a novel approach to…
We characterize profit-maximizing operating strategies, over some time horizon [0,T], for an energy store which is trading in an arbitrage market. Our theory allows for leakage, operating inefficiencies, operating constraints and general…
With the proliferation of advanced metering infrastructure (AMI), more real-time data is available to electric utilities and consumers. Such high volumes of data facilitate innovative electricity rate structures beyond flat-rate and…
Renewable energy communities are legal entities involving the association of citizens, organizations and local businesses aimed at contributing to the green energy transition and providing social, environmental and economic benefits to…
In this paper, we derive a temporal arbitrage policy for storage via reinforcement learning. Real-time price arbitrage is an important source of revenue for storage units, but designing good strategies have proven to be difficult because of…
This paper presents a computation-efficient stochastic dynamic programming algorithm for solving energy storage price arbitrage considering variable charge and discharge efficiencies. We formulate the price arbitrage problem using…
Electric vehicle (EV) adoption in cold regions is hindered by degraded EV charging performance at low temperatures, which necessitates effective battery thermal management during charging. Given the coupling of battery charging and heating…
Within electrical distribution networks, substation constraints management requires that aggregated power demand from residential users is kept within suitable bounds. Efficiency of substation constraints management can be measured as the…
The paper proposes an optimal management strategy for a Smart Port equipped with renewable generation and composed by an electrified quay, operating Cold-Ironing, and a Hydrogen-based quay, supplying Zero-Emission Ships. One Battery Energy…
This paper examines the marginal value of mobile energy storage, i.e., energy storage units that can be efficiently relocated to other locations in the power network. In particular, we formulate and analyze the joint problem for operating…
In metropolitan areas populated with commercial buildings, electric power supply is stringent especially during business hours. Demand side management using battery is a promising solution to mitigate peak demands, however long payback time…
The integration of distributed energy resources has ushered in a host of complex challenges, significantly impacting power quality in distribution networks. This work studies these challenges, exploring issues such as voltage fluctuations…
There is growing interest in the use of grid-level storage to smooth variations in supply that are likely to arise with increased use of wind and solar energy. Energy arbitrage, the process of buying, storing, and selling electricity to…
The so-called Internet of Things (IoT) and advanced communication technologies have already demonstrated a great potential to manage residential energy resources via demand-side management. This work presents a home energy management system…
In this paper we consider an energy storage optimization problem in finite time in a model with partial information that allows for a changing economic environment. The state process consists of the storage level controlled by the storage…
Decarbonization in buildings calls for advanced control strategies that coordinate on-site renewables, grid electricity, and thermal demand. Literature approaches typically rely on demand side management strategies or on active energy…