scholarly journals Analytical Assessment for System Peak Reduction by Demand Responsive Resources Considering Their Operational Constraints in Wholesale Electricity Market

Energies ◽  
2018 ◽  
Vol 11 (12) ◽  
pp. 3343 ◽  
Author(s):  
Seungmi Lee ◽  
Jinho Kim
Keyword(s):  
Electricity Market ◽  
Peak Reduction ◽  
Peak Demand ◽  
Policy System ◽  
Annual Peak ◽  
Operational Characteristics ◽  
Demand Reduction ◽  
Critical Policy ◽  
Operational Constraints ◽  
Resource Capacity

It has been four years since the introduction of the Demand Response (DR) market in Korea. Although the DR market has been steadily increasing resource capacity and payments for demand resources, it cannot efficiently utilize DR resources under the current domestic policy system. In addition, research on the level at which the demand resource capacity registered in the DR market contributes to the reduction of peak demand is scarce. In this article, an algorithm that calculates the annual peak demand reduction contribution is developed considering the operational characteristics of DR resources in order to utilize the demand resources at a meaningful level. Also the peak demand reduction contribution is simulated for the next 15 years based on the historical electricity demand pattern in Korea and analyze the sensitivity of policy variables that affect the contribution of peak reduction. Finally, the critical policy constraint that affects the contribution of DR resources is identified and a method is proposed to improve the peak reduction contribution of DR resources. Related departments that operate the demand market can use this research as a reference for market operations.

Stochastic framework for peak demand reduction opportunities with solar energy for manufacturing facilities

2021 ◽  
pp. 127891
Author(s):  
Miguel A. Peinado-Guerrero ◽  
Jesus R. Villalobos ◽  
Patrick E. Phelan ◽  
Nicolas A. Campbell
Keyword(s):  
Solar Energy ◽  
Peak Demand ◽  
Demand Reduction ◽  
Stochastic Framework ◽  
Manufacturing Facilities

scholarly journals Model Predictive Control Strategies to Activate the Energy Flexibility for Zones with Hydronic Radiant Systems

Energies ◽  
2021 ◽  
Vol 14 (4) ◽  
pp. 1195
Author(s):  
Ali Saberi Derakhtenjani ◽  
Andreas K. Athienitis
Keyword(s):  
Control Strategies ◽  
High Price ◽  
Electricity Prices ◽  
Peak Demand ◽  
Heating Systems ◽  
Electrical Grid ◽  
Demand Reduction ◽  
The Cost ◽  
Floor System ◽  
Radiant Floor Heating

This paper presents control strategies to activate energy flexibility for zones with radiant heating systems in response to changes in electricity prices. The focus is on zones with radiant floor heating systems for which the hydronic pipes are located deep in the concrete and, therefore, there is a significant thermal lag. A perimeter zone test-room equipped with a hydronic radiant floor system in an environmental chamber is used as a case study. A low order thermal network model for the perimeter zone, validated with experimental measurements, is utilized to study various control strategies in response to changes in the electrical grid price signal, including short term (nearly reactive) changes of the order of 10–15 min notice. An index is utilized to quantify the building energy flexibility with the focus on peak demand reduction for specific periods of time when the electricity prices are higher than usual. It is shown that the developed control strategies can aid greatly in enhancing the zone energy flexibility and minimizing the cost of electricity and up to 100% reduction in peak power demand and energy consumption is attained during the high-price and peak-demand periods, while maintaining acceptable comfort conditions.

scholarly journals The Risk of Residential Peak Electricity Demand: A Comparison of Five European Countries

2017 ◽  
Author(s):  
Jacopo Torriti
Keyword(s):  
Time Use ◽  
Electricity Markets ◽  
Electricity Market ◽  
Dynamic Pricing ◽  
Risk Model ◽  
European Countries ◽  
Peak Demand ◽  
Time Use Survey ◽  
Control Dynamic ◽  
Different Levels

The creation of a Europe-wide electricity market combined with the increased intermittency of supply from renewable sources calls for an investigation into the risk of aggregate peak demand. This paper makes use of a risk model to assess differences in time-use data from residential end-users in five different European electricity markets. Drawing on the Multinational Time-Use Survey database, it assesses risk in relation to the probability of electrical appliance use within households for five European countries. Findings highlight in which countries and for which activities the risk of aggregate peak demand is higher and link smart home solutions (automated load control, dynamic pricing and smart appliances) to different levels of peak demand risk.

scholarly journals Flywheel vs. Supercapacitor as Wayside Energy Storage for Electric Rail Transit Systems

Inventions ◽  
2019 ◽  
Vol 4 (4) ◽  
pp. 62
Author(s):  
Mahdiyeh Khodaparastan ◽  
Ahmed Mohamed
Keyword(s):  
Energy Storage ◽  
Energy Saving ◽  
Voltage Regulation ◽  
Appropriate Technology ◽  
Rail Transit ◽  
Peak Demand ◽  
Transit System ◽  
Transit Systems ◽  
Industrial Sectors ◽  
Demand Reduction

Energy storage technologies are developing rapidly, and their application in different industrial sectors is increasing considerably. Electric rail transit systems use energy storage for different applications, including peak demand reduction, voltage regulation, and energy saving through recuperating regenerative braking energy. In this paper, a comprehensive review of supercapacitors and flywheels is presented. Both are compared based on their general characteristics and performances, with a focus on their roles in electric transit systems when used for energy saving, peak demand reduction, and voltage regulation. A cost analysis is also included to provide initial guidelines on the selection of the appropriate technology for a given transit system.

scholarly journals Battery energy storage system (BESS) design for peak demand reduction, energy arbitrage and grid ancillary services

2020 ◽  
Vol 11 (1) ◽  
pp. 398
Author(s):  
Wan Syakirah Wan Abdullah ◽  
Miszaina Osman ◽  
Mohd Zainal Abidin Ab Kadir ◽  
Renuga Verayiah
Keyword(s):  
Energy Storage ◽  
Power Systems ◽  
Storage System ◽  
Energy Storage System ◽  
Battery Energy Storage System ◽  
Peak Demand ◽  
Battery Energy Storage ◽  
Demand Reduction ◽  
The Stability ◽  
Battery Energy

<span style="font-size: 9pt; font-family: 'Times New Roman', serif;">Renewable Energy (RE) penetration is a new phenomenon in power systems. In the advent of high penetration of RE in the systems, several issues have to be addressed especially when it involves the stability and flexibility of the power systems. Battery Energy Storage System (BESS) has gained popularity due to its capability to store energy and to serve multiple purposes in solving various power system concerns. Additionally, several BESS can be combined to operate as Virtual Power Plant (VPP). This study will involve the design and implementation of BESS for five potential customer sites for the demonstration project and to be possibly integrated into one VPP system. The study is expected to demonstrate bill savings to the customers with BESS due to peak demand reduction and energy arbitrage savings.</span><table class="MsoNormalTable" style="width: 444.85pt; border-collapse: collapse; border: none; mso-border-alt: solid windowtext .5pt; mso-yfti-tbllook: 1184; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-border-insideh: .5pt solid windowtext; mso-border-insidev: .5pt solid windowtext;" width="593" border="1" cellspacing="0" cellpadding="0"><tbody><tr style="mso-yfti-irow: 0; mso-yfti-firstrow: yes; mso-yfti-lastrow: yes; height: 63.4pt;"><td style="width: 290.6pt; border: none; border-top: solid windowtext 1.0pt; mso-border-top-alt: solid windowtext .5pt; padding: 0in 5.4pt 0in 5.4pt; height: 63.4pt;" valign="top" width="387"><p class="MsoNormal" style="margin-top: 6.0pt; text-align: justify;"><span style="font-size: 9.0pt; color: black; mso-bidi-font-style: italic;">Renewable Energy (RE) penetration is a new phenomenon in power systems. In the advent of high penetration of RE in the systems, several issues have to be addressed especially when it involves the stability and flexibility of the power systems. Battery Energy Storage System (BESS) has gained popularity due to its capability to store energy and to serve multiple purposes in solving various power system concerns. Additionally, several BESS can be combined to operate as Virtual Power Plant (VPP). This study will involve the design and implementation of BESS for five potential customer sites for the demonstration project and to be possibly integrated into one VPP system. The study is expected to demonstrate bill savings to the customers with BESS due to peak demand reduction and energy arbitrage savings.</span></p></td></tr></tbody></table>

scholarly journals Ultracapacitors for Port Crane Applications: Sizing and Techno-Economic Analysis

Energies ◽  
2020 ◽  
Vol 13 (8) ◽  
pp. 2091 ◽  
Author(s):  
Mostafa Kermani ◽  
Giuseppe Parise ◽  
Ben Chavdarian ◽  
Luigi Martirano
Keyword(s):  
Energy Storage ◽  
Fast Response ◽  
Economic Benefits ◽  
Container Terminals ◽  
Load Factor ◽  
Peak Reduction ◽  
Peak Demand ◽  
Peak Shaving ◽  
Suggested Approach ◽  
Load Leveling

The use of energy storage with high power density and fast response time at container terminals (CTs) with a power demand of tens of megawatts is one of the most critical factors for peak reduction and economic benefits. Peak shaving can balance the load demand and facilitate the participation of small power units in generation based on renewable energies. Therefore, in this paper, the economic efficiency of peak demand reduction in ship to shore (STS) cranes based on the ultracapacitor (UC) energy storage sizing has been investigated. The results show the UC energy storage significantly reduce the peak demand, increasing the load factor, load leveling, and most importantly, an outstanding reduction in power and energy cost. In fact, the suggested approach is the start point to improve reliability and reduce peak demand energy consumption.

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