Skip to main content

An Approach to Propose Optimal Energy Storage System in Real-Time Electricity Pricing Environments

  • Conference paper
  • First Online:
Advances in Green Energy Systems and Smart Grid (ICSEE 2018, IMIOT 2018)

Abstract

Based on the fact that the penetration of renewable energies is increasing dramatically, almost all the energy markets have changed and taken action to present the strategy of real-time pricing over the last decade. However, the research on how these renewables, which is going to become the vital part in the integrated energy system, coordinate with other energy sources under the real-time pricing. Moreover, with the development of energy storage system, issues about how to evaluate the participation of them in the integrated energy system and how to provide an optimal capability for them in a given settings should be given more consideration. This paper will focus on introducing an approach to coordinate the participation of all the energy resources in the integrated energy systems within and without energy storage system.

This work was supported by the State Grid Technology Project: Research and Application on Flexibility Improvement of Power Distribution System Based on Distributed/Mobile Energy Storage (SGTJDK00DWJS1800008), the National Natural Science Foundation of China (51707129) and the National Key Research and Development Foundation of China (2017YFB0903300).

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Moein, M.A., Ali, A., Mahmud, F.F., Ehasn, H.: A decomposed solution to multiple-energy carriers optimal power flow. IEEE Trans. Power Syst. 29(2), 707–716 (2014)

    Article  Google Scholar 

  2. Xu, X., Hou, K., Jia, H., et al.: A reliability assessment approach for the urban energy system and its application in energy hub planning. In: IEEE Pes General Meeting, Denver, CO, USA (2015)

    Google Scholar 

  3. An, S., Li, Q., Gedra, T.W.: Natural gas and electricity optimal power flow. In: Transmission and Distribution Conference and Exposition Conference, Dallas, TX, USA (2003)

    Google Scholar 

  4. Wang, Y., Kai, H., Jia, H., et al.: Decoupled optimization of integrated energy system considering CHP plant based on energy hub model. In: International Conference on Applied Energy (2017)

    Google Scholar 

  5. Lei, Y., Hou, K., Wang, Y., et al.: A new reliability assessment approach for integrated energy systems: using hierarchical decoupling optimization framework and impact-incensement based state enumeration method. Appl. Energ. 201, 1237–1250 (2018)

    Article  Google Scholar 

  6. Wang, Y., Hou, K., Jia, H.: A computational approach for modeling, evaluating and optimizing the reliability of integrated community energy systems. In: 1st IEEE Conference on Energy Internet and Energy System Integration, Beijing, China (2017)

    Google Scholar 

  7. Wang, J., Gu, W., Lu, S., et al.: Coordinated planning of multi-district integrated energy system combining heat network mode. Autom. Electri. Power Syst. 40, 17–24 (2016)

    Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Yue Wang .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2018 Springer Nature Singapore Pte Ltd.

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Ma, S. et al. (2018). An Approach to Propose Optimal Energy Storage System in Real-Time Electricity Pricing Environments. In: Li, K., Zhang, J., Chen, M., Yang, Z., Niu, Q. (eds) Advances in Green Energy Systems and Smart Grid. ICSEE IMIOT 2018 2018. Communications in Computer and Information Science, vol 925. Springer, Singapore. https://doi.org/10.1007/978-981-13-2381-2_18

Download citation

  • DOI: https://doi.org/10.1007/978-981-13-2381-2_18

  • Published:

  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-13-2380-5

  • Online ISBN: 978-981-13-2381-2

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics