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On Optimal Battery Sizing for Households Participating in Demand-Side Management Schemes.
- Source :
-
Energies (19961073) . Sep2019, Vol. 12 Issue 18, p3419. 1p. 2 Charts, 9 Graphs. - Publication Year :
- 2019
-
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 and a centralised community energy storage system serving the whole community is investigated. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 19961073
- Volume :
- 12
- Issue :
- 18
- Database :
- Academic Search Index
- Journal :
- Energies (19961073)
- Publication Type :
- Academic Journal
- Accession number :
- 138941886
- Full Text :
- https://doi.org/10.3390/en12183419