Coordinated operation of distributed energy storage in low carbon networks
File(s)
Accepted version
Author(s)
Rodrigues, T
Moreira, R
Strbac, G
Type
Conference Paper
Abstract
Recent developments on climate change regulations
are leading to significant changes in the electricity industry with
volatility
levels
and uncertainty increasing significantly.
As a
result
, system
operators are extending the procurement of
flexibility to end
-
users and encourage more pro
-
active behaviors,
including provision of system balancing services. In this
context
,
this paper will investigate the potential flexibility and benefits that
a coor
dinated operation of multiple households’ rooftop solar and
energy storage can offer to the various sectors of the electricity
market. The model will analyze the coordinated operation of
multiple households and minimize the supply costs for the whole
commu
nity while offering
flexibility services to the system
operator and provide peak demand reduction at the distribution
network level
. Fundamentally, the proposed model will consider
the possibility of households to share energy resources in a peer
-
to
-
peer a
rrangement and thus minimize energy supply costs. In
addition, the model also considers the provision of frequency
response and reserve services and their associated revenues.
Our
results have shown significant cost savings can be achieved
through a coordi
nated energy trading and consequently reduce
energy transactions with
suppliers. P
rovision of
flexibility through
balancing services becomes
the
major benefit to support the
business case for coordinated operation of storage
in low carbon
communities.
are leading to significant changes in the electricity industry with
volatility
levels
and uncertainty increasing significantly.
As a
result
, system
operators are extending the procurement of
flexibility to end
-
users and encourage more pro
-
active behaviors,
including provision of system balancing services. In this
context
,
this paper will investigate the potential flexibility and benefits that
a coor
dinated operation of multiple households’ rooftop solar and
energy storage can offer to the various sectors of the electricity
market. The model will analyze the coordinated operation of
multiple households and minimize the supply costs for the whole
commu
nity while offering
flexibility services to the system
operator and provide peak demand reduction at the distribution
network level
. Fundamentally, the proposed model will consider
the possibility of households to share energy resources in a peer
-
to
-
peer a
rrangement and thus minimize energy supply costs. In
addition, the model also considers the provision of frequency
response and reserve services and their associated revenues.
Our
results have shown significant cost savings can be achieved
through a coordi
nated energy trading and consequently reduce
energy transactions with
suppliers. P
rovision of
flexibility through
balancing services becomes
the
major benefit to support the
business case for coordinated operation of storage
in low carbon
communities.
Date Issued
2018-01-29
Date Acceptance
2017-02-21
Citation
2018
ISSN
1944-9925
Publisher
IEEE
Copyright Statement
© 2018 IEEE. Personal use of this material is permitted. Permission from IEEE must be obtained for all other uses, in any current or future media, including reprinting/republishing this material for advertising or promotional purposes, creating new collective works, for resale or redistribution to servers or lists, or reuse of any copyrighted component of this work in other works.
Source
2017 IEEE PES General Meeting
Subjects
Science & Technology
Technology
Energy & Fuels
Engineering, Electrical & Electronic
Engineering
Energy storage
coordinated operation
renewable
peer-to-peer enemy
power system economics
BATTERY STORAGE
OPTIMIZATION
HOUSEHOLDS
MODEL
Publication Status
Accepted
Start Date
2017-07-16
Finish Date
2017-07-20
Coverage Spatial
Chicago