Related papers: Optimal energy storage management for self-consump…
In this paper, we consider a company can simultaneously reduce its emissions and buy carbon allowances at any time. We establish an optimal control model involving two stochastic processes with two control variables, which is a singular…
Energy management of plug-in Hybrid Electric Vehicles (HEVs) has different challenges from non-plug-in HEVs, due to bigger batteries and grid recharging. Instead of tackling it to pursue energetic efficiency, an approach minimizing the…
Energy storage can play an important role in energy management of end users. To promote an efficient utilization of energy storage, we develop a novel business model to enable virtual storage sharing among a group of users. Specifically, a…
Distributed Generation (DG) is an effective way of integrating renewable energy sources to conventional power grid, which improves the reliability and efficiency of power systems. Photovoltaic (PV) systems are ideal DGs thanks to their…
Optimal power management of battery energy storage systems (BESS) is crucial for their safe and efficient operation. Numerical optimization techniques are frequently utilized to solve the optimal power management problems. However, these…
We study the optimal investment-consumption problem for a member of defined contribution plan during the decumulation phase. For a fixed annuitization time, to achieve higher final annuity, we consider a variable consumption rate. Moreover,…
We investigate the optimal charging processes for several models of quantum batteries, finding how to maximize the energy stored in a given battery with a finite-time modulation of a set of external fields. We approach the problem using…
This paper addresses optimal battery thermal management (BTM), charging, and eco-driving of a battery electric vehicle (BEV) with the goal of improving its grid-to-meter energy efficiency. Thus, an optimisation problem is formulated, aiming…
This work proposes an optimal power management strategy for shipboard microgrids equipped with diesel generators and a battery energy storage system. The optimization provides both the unit commitment and the optimal power dispatch of all…
Heating, ventilating, and air-conditioning (HVAC) systems consume a large amount of energy in residential houses and buildings. Effective energy management of HVAC is a cost-effective way to improve energy efficiency and reduce the energy…
In this paper, we propose to model the energy consumption of smart grid households with energy storage systems as an intertemporal trading economy. Intertemporal trade refers to transaction of goods across time when an agent, at any 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…
This paper addresses the energy management of a grid-connected photovoltaic plant coupled with a battery energy storage device, within the capacity firming specifications of the French Energy Regulatory Commission. The paper contributions…
Future energy projections and their inherent uncertainty play a key role in the design of photovoltaic-battery energy storage systems (PV-BESS) for household use. In this study, both stochastic and robust optimization techniques are…
As a critical component of modern infrastructure, data centers account for a huge amount of power consumption and greenhouse gas emission. This paper studies the electricity purchase strategy for a data center to lower its energy cost while…
Within the context of renewable energy communities, this paper focuses on optimal operation of producers equipped with energy storage systems in the presence of demand response. A novel strategy for optimal scheduling of the storage systems…
Islanded microgrids powered by renewable energy require costly energy storage systems due to the uncontrollable generators. Energy storage needs are amplified when load and generation are misaligned on hourly, monthly, or seasonal…
The increasing gap between electricity prices and feed-in tariffs for photovoltaic (PV) electricity in many countries, along with the recent strong cost degression of batteries, led to a rise in installed combined PV and battery systems…
Distributed, controllable energy storage devices offer several benefits to electric power system operation. Three such benefits include reducing peak load, providing standby power, and enhancing power quality. These benefits, however, are…
Power systems with high penetration of variable renewable generation are vulnerable to periods with low generation. An alternative to retain high dispatchable generation capacity is electric energy storage that enables utilization of…