Siting and sizing of energy storage for renewable generation utilization with multi-stage dispatch under uncertainty: A tri-level model and decomposition approach

Wang, Bangyan; Wang, Xiuli; Zhu, Zongyao; Xiong, Wei

doi:10.1016/j.apenergy.2023.121286

Cited by 6 publications

(1 citation statement)

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“…However, their output is intermittent, which leads to a mismatch between supply and demand [11]. The integration with energy storage not only enables the provision of continuous and reliable electricity to users but also mitigates the impact of distributed power on the stability of power systems [12]- [14]. Using demand-side energy storage configuration as an example, energy storage by storing electricity in low prices of grid and vice versa can save electricity expenses for users.…”

Section: Introductionmentioning

confidence: 99%

Real-time Energy Management for Net-zero Power Systems Based on Shared Energy Storage

Du,

Huang,

Liu

et al. 2024

Journal of Modern Power Systems and Clean Energy

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Battery energy storage systems (BESSs) serve a crucial role in balancing energy fluctuations and reducing carbon emissions in net-zero power systems. However, the efficiency and cost performance have remained significant challenges， which hinders the widespread adoption and development of BESSs. To address these challenges, this paper proposes a realtime energy management scheme that considers the involvement of prosumers to support net-zero power systems. The scheme is based on two shared energy storage models, referred to as energy storage sale model and power line lease model. The energy storage sale model balances real-time power deviations by energy interaction with the goal of minimizing system costs while generating revenue for shared energy storage providers (ESPs). Additionally, power line lease model supports peerto-peer (P2P) power trading among prosumers through the power lines laid by ESPs to connect each prosumer. This model allows ESP to earn profits from the use of power lines while balancing power deviations and better consuming renewable energy. Experimental results validate the effectiveness of the proposed scheme, ensuring stable power supply for net-zero power systems and providing benefits for both the ESP and prosumers.

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Section: Introductionmentioning

confidence: 99%