Related papers: Virtual Energy Storage Sharing and Capacity Alloca…
Residential electric vehicle charging causes large spikes in electricity demand that risk violating neighborhood transformer power limits. Battery energy storage systems reduce these transformer limit violations, but operating them…
Data center providers seek to minimize their total cost of ownership (TCO), while power consumption has become a social concern. We present formulations to minimize server energy consumption and server cost under three different data center…
Energy storage is expected to play an increasingly important role in mitigating variations that come along with the growing penetration of renewable energy. In this paper, we study the optimal bidding of an energy storage unit in a…
Electric vehicles (EVs) require substantially longer refueling times than gasoline vehicles, which can generate severe congestion at charging stations when demand concentrates. We propose a two-stage allocation framework for EV charging…
The amalgamation of Internet of Things and the smart grid enables the energy optimal scheduling of appliances based on user needs and dynamic energy prices. Additionally, progress in local storage technology calls for exploiting additional…
This article introduces a modified simulated annealing optimization approach for automatically determining optimal energy management strategies in grid-connected, storage-augmented, photovoltaics-supplied prosumer buildings and…
It is likely that electricity storage will play a significant role in the balancing of future energy systems. A major challenge is then that of how to assess the contribution of storage to capacity adequacy, i.e. to the ability of such…
Virtual energy stations (VESs) work as retailers to provide electricity and natural gas sale services for integrated energy systems (IESs), and guide IESs energy consumption behaviors to tackle the varying market prices via integrated…
This paper studies the duopoly competition between renewable energy suppliers with or without energy storage in a local energy market. The storage investment brings the benefits of stabilizing renewable energy suppliers' outputs, but it…
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…
Carbon footprint reduction can be achieved through various methods, including the adoption of renewable energy sources. The installation of such sources, like photovoltaic panels, while environmentally beneficial, is cost-prohibitive for…
Sharing economy has disrupted many industries. We foresee that electricity storage systems could be the enabler for sharing economy in electricity sector, though its implementation is a delicate task. Unlike in the 2-tier Time-of-Use (ToU)…
Heating, Ventilation, and Air Conditioning (HVAC) energy consumption accounts for a significant part of the total energy consumption of buildings and households. The ubiquitous adoption of distributed renewable energy and smart meters helps…
Interest in sustainability has increased the share of variable renewable energy sources (VRES) in power generation. Energy storage systems' potential to mitigate intermittencies from non-dispatchable VRES has enhanced their appeal. However,…
We consider the problem of characterizing the locational marginal value of energy storage capacity in electric power networks with stochastic renewable supply and demand. The perspective taken is that of a system operator, whose objective…
Contemporary industrial parks are challenged by the growing concerns about high cost and low efficiency of energy supply. Moreover, in the case of uncertain supply/demand, how to mobilize delay-tolerant elastic loads and compensate…
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 approach is applicable to various specifications of…
Analyzing smart meter data to understand energy consumption patterns helps utilities and energy providers perform customized demand response operations. Existing energy consumption segmentation techniques use assumptions that could result…
The fluctuations of electricity prices in demand response schemes and intermittency of renewable energy supplies necessitate the adoption of energy storage in microgrids. However, it is challenging to design effective real-time energy…
The increasing electric vehicle (EV) adoption challenges the energy management of charging stations (CSs) due to the large number of EVs and the underlying uncertainties. Moreover, the carbon footprint of CSs is growing significantly due to…