Scheduling of energy storage.
File(s)2006.16979v2.pdf (372.36 KB)
Accepted version
Author(s)
Zachary, Stan
Tindemans, Simon H
Evans, Michael P
Cruise, James R
Angeli, David
Type
Journal Article
Abstract
The increasing reliance on renewable energy generation means that storage may well play a much greater role in the balancing of future electricity systems. We show how heterogeneous stores, differing in capacity and rate constraints, may be optimally, or nearly optimally, scheduled to assist in such balancing, with the aim of minimizing the total imbalance (unserved energy) over any given period of time. It further turns out that in many cases the optimal policies are such that the optimal decision at each point in time is independent of the future evolution of the supply-demand balance in the system, so that these policies remain optimal in a stochastic environment. This article is part of the theme issue 'The mathematics of energy systems'.
Date Issued
2021-07-26
Date Acceptance
2020-11-23
Citation
Philosophical Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences, 2021, 379 (2202), pp.1-16
ISSN
1364-503X
Publisher
The Royal Society
Start Page
1
End Page
16
Journal / Book Title
Philosophical Transactions of the Royal Society A: Mathematical, Physical and Engineering Sciences
Volume
379
Issue
2202
Copyright Statement
© 2021 The Author(s)
Published by the Royal Society. All rights reserved.
Published by the Royal Society. All rights reserved.
Identifier
https://www.ncbi.nlm.nih.gov/pubmed/34092104
Subjects
energy storage
greedy policy
optimal scheduling
Publication Status
Published
Coverage Spatial
England
Date Publish Online
2021-06-07