A economic dispatch method of energy storage systems under time-of-use pricing in microgrids

2012 ◽  
Author(s):  
Wen-jie Gao ◽  
Tian-jun Jing ◽  
Ming-hao Yang
Keyword(s):  
Energy Storage ◽  
Storage Systems ◽  
Economic Dispatch ◽  
Energy Storage Systems ◽  
Time Of Use Pricing

scholarly journals Electricity Cost Optimization in Energy Storage Systems by Combining a Genetic Algorithm with Dynamic Programming

Mathematics ◽  
2020 ◽  
Vol 8 (9) ◽  
pp. 1526 ◽  
Author(s):  
Seung-Ju Lee ◽  
Yourim Yoon
Keyword(s):  
Genetic Algorithm ◽  
Dynamic Programming ◽  
Energy Storage ◽  
Storage Systems ◽  
Cost Optimization ◽  
Energy Storage Systems ◽  
Electricity Cost ◽  
Efficient Charge ◽  
Time Of Use Pricing ◽  
Charge Discharge

Recently, energy storage systems (ESSs) are becoming more important as renewable and microgrid technologies advance. ESSs can act as a buffer between generation and load and enable commercial and industrial end users to reduce their electricity expenses by controlling the charge/discharge amount. In this paper, to derive efficient charge/discharge schedules of ESSs based on time-of-use pricing with renewable energy, a combination of genetic algorithm and dynamic programming is proposed. The performance of the combined method is improved by adjusting the size of the base units of dynamic programming. We show the effectiveness of the proposed method by simulating experiments with load and generation profiles of various commercial electricity consumers.

Economic dispatch of energy storage systems in dc microgrids employing a semidefinite programming model

2019 ◽  
Vol 21 ◽  
pp. 1-8 ◽  
Author(s):  
Walter Gil-González ◽  
Oscar Danilo Montoya ◽  
Erika Holguín ◽  
Alejandro Garces ◽  
Luis Fernando Grisales-Noreña
Keyword(s):  
Energy Storage ◽  
Semidefinite Programming ◽  
Programming Model ◽  
Storage Systems ◽  
Economic Dispatch ◽  
Energy Storage Systems ◽  
Dc Microgrids

Joint voyage scheduling and economic dispatch for all-electric ships with virtual energy storage systems

Energy ◽  
2020 ◽  
Vol 190 ◽  
pp. 116268 ◽  
Author(s):  
Yuqing Huang ◽  
Hai Lan ◽  
Ying-Yi Hong ◽  
Shuli Wen ◽  
Sidun Fang
Keyword(s):  
Energy Storage ◽  
Storage Systems ◽  
Economic Dispatch ◽  
Energy Storage Systems

Microgrid Economic Dispatch With Energy Storage Systems

2018 ◽  
Vol 9 (4) ◽  
pp. 3039-3047 ◽  
Author(s):  
Michael Ross ◽  
Chad Abbey ◽  
Francois Bouffard ◽  
Geza Joos
Keyword(s):  
Energy Storage ◽  
Storage Systems ◽  
Economic Dispatch ◽  
Energy Storage Systems
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