1. On Optimal Battery Sizing for Households Participating in Demand-Side Management Schemes
- Author
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Pilz, Matthias, Ellabban, Omar, and Al-Fagih, Luluwah
- Subjects
Physics - Physics and Society ,Computer Science - Computer Science and Game Theory ,Computer Science - Systems and Control - Abstract
The smart grid with its two-way communication and bi-directional power layers is a cornerstone in the combat against global warming. It allows for the large scale adoption of distributed (individually-owned) renewable energy resources such as solar photovoltaic systems. Their intermittency poses a threat to the stability of the grid which can be addressed by the introduction of energy storage systems. Determining the optimal capacity of a battery has been an active area of research in recent years. In this research an in-depth analysis of the relation between optimal capacity, and demand and generation patterns is performed for households taking part in a community-wide demand-side management scheme. The scheme is based on a non-cooperative dynamic game approach in which participants compete for the lowest electricity bill by scheduling their energy storage systems. The results are evaluated based on self-consumption, the peak-to-average ratio of the aggregated load, and potential cost reductions. Furthermore, the difference between individually-owned batteries to a centralised community energy storage system serving the whole community is investigated., Comment: 8 pages, 9 figures
- Published
- 2019