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In electricity markets around the world, the ability to anticipate price movements with precision can be the difference between profit and loss, especially for fast-acting assets like battery energy storage systems (BESS). As grid…
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…
In this study, we investigate the operation of an optimal home energy management system (HEMS) with integrated renewable energy system (RES) and energy storage system (ESS) supporting electricity selling functions. A multi-objective mixed…
Utility-scale off-grid renewable power-to-hydrogen systems (OReP2HSs) typically include photovoltaic plants, wind turbines, electrolyzers (ELs), and energy storage systems. As an island system, OReP2HS requires at least one component,…
Efficiency of Battery Energy Storage Systems (BESSs) is increasingly critical as renewable energy generation becomes more prevalent on the grid. Therefore, it is necessary to study the energy efficiency of lithium-ion batteries, which are…
Accurate prediction of lithium-ion battery lifespan is vital for ensuring operational reliability and reducing maintenance costs in applications like electric vehicles and smart grids. This study presents a hybrid learning framework for…
The growing share of Renewable Energy Sources (RES) in modern power systems increases both grid imbalances and frequency deviations, reinforcing the need for ancillary services such as Frequency Containment Reserve (FCR) and passive…
Electricity price forecasts are typically evaluated using accuracy measures such as RMSE and MAE, although these metrics often fail to reflect their economic value in operational decisions. This paper investigates which statistical…
Battery energy storage systems (BESS) have become increasingly vital in three-phase unbalanced distribution grids for maintaining voltage stability and enabling optimal dispatch. However, existing deep learning approaches often lack…
The operation efficiency of the electric transportation, energy storage, and grids mainly depends on the fundamental characteristics of the employed batteries. Fundamental variables like voltage, current, temperature, and estimated…
A placement problem for multiple Battery Energy Storage System (BESS) units is formulated towards power system transient voltage stability enhancement in this paper. The problem is solved by the Cross-Entropy (CE) optimization method. A…
This study presents a controlled parametric framework for analyzing energy storage planning under uncertainty in a multi-stage model predictive control setting. The framework enables a broad and systematic exploration through parametrized…
We consider using a battery storage system simultaneously for peak shaving and frequency regulation through a joint optimization framework which captures battery degradation, operational constraints and uncertainties in customer load and…
Batteries can effectively improve the security of energy systems and mitigate climate change by facilitating wind and solar power. The installed capacity of battery energy storage system (BESS), mainly the lithium ion batteries are…
An operational optimization strategy for microgrid energy storage systems (ESSs) is developed to address practical user-oriented application requirements, and its effectiveness is validated using real-world operational data. First, a…
Microgrid serves as a promising solution to integrate and manage distributed renewable energy resources. In this paper, we establish a stochastic multi-objective sizing optimization (SMOSO) model for microgrid planning, which fully captures…
The increasing interconnection of power systems through AC and DC links enables energy storage units to access multiple electricity markets yet most existing arbitrage models remain limited to singlemarket participation This gap restricts…
Given the declining cost of battery technology in the last decade, nowadays BESS becomes a more attractive solution in electrical power systems. The objective of this work is to analyze the potential utilization of BESS in the major…
Probabilistic and intermittent output power of wind turbines (WT) is one major inconsistency of WTs. Battery Energy Storage Systems (BESSs) are a suitable solution to mitigate this intermittency which use to smoothen the output power…
Deployment of shared energy storage systems (SESS) allows users to use the stored energy to meet their own energy demands while saving energy costs without installing private energy storage equipment. In this paper, we consider a group of…