Related papers: Optimal scheduling of energy storage resources
Energy storage has exhibited great potential in providing flexibility in power system to meet critical peak demand and thus reduce the overall generation cost, which in turn stabilizes the electricity prices. In this work, we exploit the…
E-powertrain of future electric vehicles could consist of energy generation units (e.g., fuel cells and photovoltaic modules), energy storage systems (e.g., batteries and supercapacitors), energy conversion units (e.g., bidirectional DC/DC…
Recent trends of technology have explored a numerous applications of cloud services, which require a significant amount of energy. In the present scenario, most of the energy sources are limited and have a greenhouse effect on the…
Community electricity storage systems for multiple applications promise benefits over household electricity storage systems. More economical flexibility options such as demand response and sector coupling might reduce the market size for…
This paper presents a real time control strategy for energy storage systems integration in electric vehicles fast charging applications combined with generation from intermittent renewable energy sources. A two steps approach taking…
Energy storage (ES) and virtual energy storage (VES) are key components to realizing power system decarbonization. Although ES and VES have been proven to deliver various types of grid services, little work has so far provided a…
In the paper, we consider delay-optimal charging scheduling of the electric vehicles (EVs) at a charging station with multiple charge points. The charging station is equipped with renewable energy generation devices and can also buy energy…
This paper studies charging scheduling problem of electric vehicles (EVs) in the scale of a microgrid (e.g., a university or town) where a set of charging stations are controlled by a central aggregator. A bi-objective optimization problem…
In this paper, we show how to achieve close-to-optimal utility performance in energy harvesting networks with only finite capacity energy storage devices. In these networks, nodes are capable of harvesting energy from the environment. The…
With the electrification of transportation, the rising uptake of electric vehicles (EVs) might stress distribution networks significantly, leaving their performance degraded and stability jeopardized. To accommodate these new loads…
This paper proposes a detailed optimal scheduling model of an exemplar multi-energy system comprising combined cycle power plants (CCPPs), battery energy storage systems, renewable energy sources, boilers, thermal energy storage…
This paper investigates the electricity storage requirements to support the transition towards a high renewable energy source (RES) penetration in a cost-optimal manner. The achieved reduction of renewable energy curtailments and the…
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…
Reduced installation and operating costs give energy storage systems an opportunity to participate actively and profitably in electricity markets. In addition to providing ancillary services, energy storage systems can also arbitrage…
Electricity markets typically clear in two stages: a day-ahead market and a real-time market. In this paper, we propose market mechanisms for a two-stage multi-interval electricity market with energy storage, generators, and demand…
Modern power grids combine conventional generators with distributed energy resource (DER) generators in response to concerns over climate change and long-term energy security. Due to the intermittent nature of DERs, different types of…
Battery Energy Storage Systems (BESS) can mitigate effects of intermittent energy production from renewable energy sources and play a critical role in peak shaving and demand charge management. To optimally size the BESS from an economic…
The use of renewable energy sources is a major strategy to mitigate climate change. Yet Sinn (2017) argues that excessive electrical storage requirements limit the further expansion of variable wind and solar energy. We question, and alter,…
Since the electricity bill of a data center constitutes a significant portion of its overall operational costs, reducing this has become important. We investigate cost reduction opportunities that arise by the use of uninterrupted power…
This paper applies computational techniques of convex stochastic optimization to optimal operation and valuation of electricity storages in the face of uncertain electricity prices. Our valuations are based on the indifference pricing…