Related papers: Profitable Emissions-Reducing Energy Storage
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…
Price-based demand response (PBDR) has recently been attributed great economic but also environmental potential. However, the determination of its short-term effects on carbon emissions requires the knowledge of marginal emission factors…
The increase in renewable energy on the consumer side gives place to new dynamics in the energy grids. Participants in a microgrid can produce energy and trade it with their peers (peer-to-peer) with the permission of the energy provider.…
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…
Global energy sector decarbonization efforts are contingent on technology choices for energy production and end-use in emerging markets such as India, where air conditioning is expected to be a major driver for electricity demand growth.…
The transformation of the electricity sector is a main element of the transition to a decarbonized economy. Conventional generators powered by fossil fuels have to be replaced by variable renewable energy (VRE) sources in combination with…
We consider partially observable Markov decision processes (POMDPs) with a set of target states and positive integer costs associated with every transition. The traditional optimization objective (stochastic shortest path) asks to minimize…
CO$_2$ emission reduction and increasing volatile renewable energy generation mandate stronger energy sector coupling and the use of energy storage. In such multi-modal energy systems, it is challenging to determine the effect of an…
The manufacturing industry is under growing pressure to enhance sustainability while preserving economic competitiveness. As a result, manufacturers have been trying to determine how to integrate onsite renewable energy and real-time…
Net energy metering has been a successful policy for increasing solar generation installations and reducing the costs of photovoltaic arrays for consumers. However, increased maturity of solar technologies and concerns over cost shifts…
We consider an energy harvesting communication system where the temperature dynamics is governed by the transmission power policy. Different from the previous work, we consider a discrete time system where transmission power is kept…
As the share of variable renewable energy in power systems grows, enhancing the operational flexibility of combined cycle gas turbines with carbon capture and storage (CCGT-CCS) becomes increasingly valuable. This study integrates…
In the context of building electrification, the operation of distributed energy resources integrating multiple energy carriers (electricity, heat, mobility) poses a significant challenge due to the nonlinear device dynamics, uncertainty,…
This paper presents an approach to assess the economics of customer-sited energy storage systems (ESSs) which are owned and operated by a customer. The ESSs can participate in frequency regulation and spinning reserve markets, and are used…
Energy storage is a key enabler towards a low-emission electricity system, but requires appropriate dispatch models to be economically coordinated with other generation resources in bulk power systems. This paper analyzes how different…
Utilities have introduced demand charges to encourage customers to reduce their demand peaks, since a high peak may cause very high costs for both the utility and the consumer. We herein study the bill minimization problem for customers…
Realizing a shared responsibility between providers and consumers is critical to manage the sustainability of HPC. However, while cost may motivate efficiency improvements by infrastructure operators, broader progress is impeded by a lack…
One of the most important challenges in smart grid systems is the integration of renewable energy resources into its design. In this work, two different techniques to mitigate the time varying and intermittent nature of renewable energy…
In this paper, multi-agent reinforcement learning is used to control a hybrid energy storage system working collaboratively to reduce the energy costs of a microgrid through maximising the value of renewable energy and trading. The agents…
This paper presents a carbon-energy coupling management framework for an industrial park, where the carbon flow model accompanying multi-energy flows is adopted to track and suppress carbon emissions on the user side. To deal with the…