Related papers: Optimal energy storage management for self-consump…
The building sector accounts for almost 40 percent of the global energy consumption. This reveals a great opportunity to exploit renewable energy resources in buildings to achieve the climate target. In this context, this paper offers a…
The first and most important purpose of the current research work is to investigate the effects that different battery types have on the optimal configuration of photovoltaic (PV) and battery systems, from both economic and resilience…
This article proposes an optimization problem formulation to find the optimal sizes of Photovoltaics (PV) and Battery Energy Storage Systems (BESS) for individual participants within the context of the Renewable Energy Community (REC). An…
Managing the inherent variability of solar generation is a critical challenge for utility grid operators, particularly as the distribution grid-integrated solar generation is making fast inroads in power systems. This paper proposes to…
Battery participants in performance-based frequency regulation markets must consider the cost of battery aging in their operating strategies to maximize market profits. In this paper we solve this problem by proposing an optimal control…
This work studies synergies arising from combining industrial demand response and local renewable electricity supply. To this end, we optimize the design of a local electricity generation and storage system with an integrated demand…
This paper proposes a new convex model predictive control strategy for dynamic optimal power flow between battery energy storage systems distributed in an AC microgrid. The proposed control strategy uses a new problem formulation, based on…
Hybrid fast-charging stations with battery storage and local renewable generation can facilitate low-carbon electric vehicle (EV) charging, while reducing the stress on the distribution grid. This paper proposes energy management strategies…
We study an optimal portfolio problem designed for an agent operating in intraday electricity markets. The investor is allowed to trade in a single risky asset modelling the continuously traded power and aims to maximize the expected…
Volatile electrical energy prices are a challenge and an opportunity for small and medium-size companies in energy-intensive industries. By using electrical energy storage and/or an adaptation of production processes, companies can…
In this paper, we study the problem of determining the size of battery storage used in grid-connected photovoltaic (PV) systems. In our setting, electricity is generated from PV and is used to supply the demand from loads. Excess…
We consider joint energy storage management and load scheduling at a residential site with integrated renewable generation. Assuming unknown arbitrary dynamics of renewable source, loads, and electricity price, we aim at optimizing the load…
European climate polices acknowledge the role that energy communities can play in the energy transition. Self-consumption installations shared among those living in the same building are a good example of such energy communities. In this…
Battery energy storage is an essential component of a microgrid. The working temperature of the battery is an important factor as a high-temperature condition generally increases losses, reduces useful life, and can even lead to fire…
The paper proposes an optimal management strategy for a system composed by a battery and a photovoltaic power plant. This integrated system is called to deliver the photovoltaic power and to simultaneously provide droop-based primary…
Incentive programs and ongoing reduction in costs are driving joint installation of solar PV panels and storage systems in residential households. There is a need for optimal investment decisions to reduce the electricity consumption costs…
In autonomous electric vehicles (AEVs), battery energy must be judiciously allocated to satisfy primary propulsion demands and secondary auxiliary demands, particularly the Heating, Ventilation, and Air Conditioning (HVAC) system. This…
The objective of this work is to reduce the storage dimensions required to operate a coupled photovoltaic (PV) and Battery Energy Storage System (BESS) in an electricity market, while keeping the same level of performance. Performance is…
The integration of large shares of electricity produced by non-dispatchable Renewable Energy Sources (RES) leads to an increasingly volatile energy generation side, with temporary local overproduction. The application of energy storage…
We consider a smart-grid connecting several agents, modeled as stochastic dynamical systems, who may be electricity consumers/producers. At each discrete time instant, which may represent a 15 minute interval, each agent may…