Day-Ahead Market Participation of an Active Distribution Network Equipped With Small-Scale CAES Systems

Ghadi, Mojtaba Jabbari; Azizivahed, Ali; Rajabi, Amin; Ghavidel, Sahand; Li, Li; Zhang, Jiangfeng; Shafie‐khah, Miadreza; Catalào, João P. S.

doi:10.1109/tsg.2020.2967937

Cited by 9 publications

(4 citation statements)

References 45 publications

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“…Comprehensive performance and grid-scale applications of Vanadium redox batteries make VRB as good ESS prospects in DES application, although expensive investment costs [41]. Compressed air ESS investment cost is much higher than other ESS types, while its life expectancy is longer than different battery types [42]. Thus, the utilization of compressed air ESS in DES has certain benefits; hence, it is investigated in this paper.…”

Section: Modeling Of Essmentioning

confidence: 99%

An Expansion Planning Method for Extending Distributed Energy System Lifespan with ESS

Tercan¹,

Elma²,

Gökalp³

et al. 2021

Preprint

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Growing energy demand in the distributed energy system (DES) besides new charging loads of electric vehicles (EVs) make DES infrastructure unavailable earlier than normal projections. DES lines need to be upgraded to carry the modern demand of customers. DES line upgrade (LU) cost minimized and deferred to the next years by using energy storage system (ESS). ESS offers the opportunity to use energy flexibly in the distribution grid. It is possible to use ESS to shift the inevitable upgrade costs of the distribution grid elements and increase the power quality of the distribution grid. In this study, a method is proposed to extend the lifespan of DES with ESS and reduce line upgrade and investment costs in the distribution system. For this purpose, the IEEE 33 bus test grid is used, and the proposed method is tested and analyzed with different case studies. According to the results, the proposed method can reduce the investment cost by up to 80%. Besides, ESS usage considering load increase and line conditions of the distribution grid, upgrade costs of distribution grid are shifted, resulting in an optimal dimensioning and positioning while extending the lifespan of the distribution grid elements and, at the same time, offering significant improvements in energy quality. Additionally, it is seen that the power losses of the distribution grid are reduced up to 26%, and the voltage profile of buses is improved with the usage of ESS.

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Section: Modeling Of Essmentioning

confidence: 99%

An Expansion Planning Method for Extending Distributed Energy System Lifespan with ESS

Tercan¹,

Elma²,

Gökalp³

et al. 2021

Preprint

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show abstract

“…Then, the expanding air spins the blades of the expansion turbines. Eventually, the generator converts the spinning motion of the turbines into electricity, which can be used over peak periods [53].…”

Section: Compressed Air Energy Storage Modelmentioning

confidence: 99%

Profit-Based Unit Commitment for a GENCO Equipped with Compressed Air Energy Storage and Concentrating Solar Power Units

et al. 2021

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With the advent of restructuring in the power industry, the conventional unit commitment problem in power systems, involving the minimization of operation costs in a traditional vertically integrated system structure, has been transformed to the profit-based unit commitment (PBUC) approach, whereby generation companies (GENCOs) perform scheduling of the available production units with the aim of profit maximization. Generally, a GENCO solves the PBUC problem for participation in the day-ahead market (DAM) through determining the commitment and scheduling of fossil-fuel-based units to maximize their own profit according to a set of forecasted price and load data. This study presents a methodology to achieve optimal offering curves for a price-taker GENCO owning compressed air energy storage (CAES) and concentrating solar power (CSP) units, in addition to conventional thermal power plants. Various technical and physical constraints regarding the generation units are considered in the provided model. The proposed framework is mathematically described as a mixed-integer linear programming (MILP) problem, which is solved by using commercial software packages. Meanwhile, several cases are analyzed to evaluate the impacts of CAES and CSP units on the optimal solution of the PBUC problem. The achieved results demonstrate that incorporating the CAES and CSP units into the self-scheduling problem faced by the GENCO would increase its profitability in the DAM to a great extent.

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“…The proposed hybrid system can store the power from solar, wind, and off-peach electricity. The optimal participation of small-scale CAES incorporated with an electric vehicle charging station in the day-ahead wholesale market was developed by [27]. The optimal operation of underwater CAES incorporated with wind energy to participate in the spot market was studied by [28].…”

Section: Introductionmentioning

confidence: 99%

“… In [23][24][25][26][27][28], while the application of the CAES facility in energy markets was studied, the thermodynamic characteristics of CAES in optimal operation that highly expose the CAES performance have been ignored. Also, the optimal charging and discharging mode of CAES integrated with renewable energy based on the thermodynamic modeling not considered in this researches.…”

Section: Introductionmentioning

confidence: 99%

Thermodynamic modeling of compressed air energy storage for energy and reserve markets

Hemmati

Mohammadi‐Ivatloo

Abapour

et al. 2021

Applied Thermal Engineering

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Day-Ahead Market Participation of an Active Distribution Network Equipped With Small-Scale CAES Systems

Cited by 9 publications

References 45 publications

An Expansion Planning Method for Extending Distributed Energy System Lifespan with ESS

An Expansion Planning Method for Extending Distributed Energy System Lifespan with ESS

Profit-Based Unit Commitment for a GENCO Equipped with Compressed Air Energy Storage and Concentrating Solar Power Units

Thermodynamic modeling of compressed air energy storage for energy and reserve markets

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