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Addressing the Peak Power Problem Through Thermal Energy Storage

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Part of the International Series in Operations Research & Management Science book series (ISOR,volume 212)

Abstract

In the United States, the electrical power grid is divided into three primary regions: the Western Interconnection, the Eastern Interconnection, and the Texas Interconnection. Each of these regions struggles with peak power issues, but this case study will focus on the Texas Interconnection, which is operated by the Electricity Reliability Council of Texas (ERCOT).This chapter discusses the opportunity to shift one of the largest electricity loads (air-conditioning) from the expensive aftrenoon peak to the cheaper nighttime hours using Thermal Energy Storage (TES), which is used for storing “cooling” in the form of chilled wate, and outlines a model for finding an optimal design for it.

Keywords

  • Cash Flow
  • Electricity Price
  • Sequential Quadratic Programming
  • Payback Period
  • Thermal Energy Storage

These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Correspondence to Wesley Cole .

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Cole, W., Kim, J., Kapoor, K., Edgar, T. (2015). Addressing the Peak Power Problem Through Thermal Energy Storage. In: Murty, K. (eds) Case Studies in Operations Research. International Series in Operations Research & Management Science, vol 212. Springer, New York, NY. https://doi.org/10.1007/978-1-4939-1007-6_14

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