Impacts of energy storage in distributed Power Generation: A review

Coppez, G.; Chowdhury, S.

doi:10.1109/powercon.2010.5666075

Cited by 32 publications

(33 citation statements)

References 14 publications

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“…The fundamental parts of the lead-acid battery include battery cells and a dilute solution of sulfuric acid in water electrolyte [9]. The lead-acid BESS have already used in practice in many countries.…”

Section: Battery Energy Storage Systems (Bess)mentioning

confidence: 99%

The operating schedule for battery energy storage companies in electricity market

Zhang

Mishra

Ledwich

et al. 2013

J. Mod. Power Syst. Clean Energy

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This paper presents a series of operating schedules for Battery Energy Storage Companies (BESC) to provide peak shaving and spinning reserve services in the electricity markets under increasing wind penetration. As individual market participants, BESC can bid in ancillary services markets in an Independent System Operator (ISO) and contribute towards frequency and voltage support in the grid. Recent development in batteries technologies and availability of the day-ahead spot market prices would make BESC economically feasible. Profit maximization of BESC is achieved by determining the optimum capacity of Energy Storage Systems (ESS) required for meeting spinning reserve requirements as well as peak shaving. Historic spot market prices and frequency deviations from Australia Energy Market Operator (AEMO) are used for numerical simulations and the economic benefits of BESC is considered reflecting various aspects in Australia's National Electricity Markets (NEM).

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Section: Battery Energy Storage Systems (Bess)mentioning

confidence: 99%

The operating schedule for battery energy storage companies in electricity market

Zhang

Mishra

Ledwich

et al. 2013

J. Mod. Power Syst. Clean Energy

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“…An energy storage system (ESS) has the ability of flexible adjustment at different time scales and can be regarded as a variable power source or a variable load [1,2]. Based on its response time, power density, and other characteristics, ESS can play different roles to help improve various aspects of power quality, increase dispatchable PV power generation, and bring economic benefits to consumers [3][4][5]. However, the current price of ESS is relatively expensive, and we cannot install ESS without a consideration of what profits it will accrue.…”

Section: Introductionmentioning

confidence: 99%

A Stochastic Optimization Method for Energy Storage Sizing Based on an Expected Value Model

Zhang

Liu

et al. 2019

Energies

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Energy storage technologies have been rapidly evolving in recent years. Energy storage plays different roles in various scenarios. For electricity consumers, they are concerned with how to use the energy storage system (ESS) to reduce their costs of electricity or increase their profits. In this paper, a stochastic optimization method for energy storage sizing based on an expected value model for consumers with Photovoltaic Generation (PV) is proposed. Firstly, the Gaussian mixture model clustering method is used to cluster the historical load and PV data and calculate the probability of each cluster. Secondly, the optimal model of total system profit is established. Finally, according to the expected value model, the optimal ESS power and capacity are determined. Two case studies are used to demonstrate the calculation of optimal ESS capacity. The results obtained by the method proposed in this paper are compared with the results produced by the deterministic method. Through the analysis and comparison, the validity and superiority of the method proposed in this paper are verified. The profits obtained by the method proposed in this paper are 0.87% to 127.16% more than the deterministic method.

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“…This is mainly due to the energy produced by RES that rarely fits the energy demand. These variations should be buffered by gas or coal-fired power plants or dedicated storage systems but, although many technologies have been recently set up, the spreading of big plants would require time and the problems related to energy transportation by existing grids remain [5].…”

Section: Introductionmentioning

confidence: 99%

Energy saving by power electronics: towards a new concept of renewable source

Vitale¹

2016

REPQJ

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Abstract.The use of fossil sources has been increasing the excess of carbon dioxide (CO 2 ) emission in the atmosphere since the last century with detrimental to the weather. Renewable Energy Sources (RESs) appear a valid solution to mitigate CO 2 emissions but their growth is still too small compared to fossil sources, for this reason they need to be sustained by available technologies. Among these, the use of More Power Electronics (MPE) for electrical energy conversion leads to increase efficiency conversion and the investment is compensated in few time both for new equipment and retrofitting. The saved energy meets the definition of renewable energy. The whole amount of the energy saving potential achievable by MPE is comparable to the electric energy generated by the installed renewable sources.

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Impacts of energy storage in distributed Power Generation: A review

Cited by 32 publications

References 14 publications

The operating schedule for battery energy storage companies in electricity market

The operating schedule for battery energy storage companies in electricity market

A Stochastic Optimization Method for Energy Storage Sizing Based on an Expected Value Model

Energy saving by power electronics: towards a new concept of renewable source

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