A review of optimal control methods for energy storage systems-energy trading, energy balancing and electric vehicles
This paper reviews recent works related to optimal control of energy storage systems. Based
on a contextual analysis of more than 250 recent papers we attempt to better understand …
on a contextual analysis of more than 250 recent papers we attempt to better understand …
Optimal operation of energy storage systems considering forecasts and battery degradation
Energy storage systems have the potential to deliver value in multiple ways, and these must
be traded off against one another. An operational strategy that aims to maximize the …
be traded off against one another. An operational strategy that aims to maximize the …
Optimal operation strategy of energy storage system for grid-connected wind power plants
This paper proposes an adaptive optimal policy for hourly operation of an energy storage
system (ESS) in a grid-connected wind power company. The purpose is to time shift wind …
system (ESS) in a grid-connected wind power company. The purpose is to time shift wind …
Optimal storage scheduling using Markov decision processes
The paper presents a method based on Markov decision processes to optimally schedule
energy storage devices in power distribution networks with renewable generation. The time …
energy storage devices in power distribution networks with renewable generation. The time …
Reliability value of distributed solar+ storage systems amidst rare weather events
Distributed energy resources have been proposed as a promising solution to make
households self-sufficient and increase power supply reliability. In this paper, we examine …
households self-sufficient and increase power supply reliability. In this paper, we examine …
Strategic storage operation in wholesale electricity markets: A networked cournot game analysis
To investigate the impact of the strategic operation of grid-level energy storage systems on
wholesale electricity markets, we study a Cournot competition model where each merchant …
wholesale electricity markets, we study a Cournot competition model where each merchant …
A hybrid stochastic-robust optimization approach for energy storage arbitrage in day-ahead and real-time markets
In recent years energy storage systems (ESSs) have been used widely in most European
and American countries because of their economic and technical benefits. One of their most …
and American countries because of their economic and technical benefits. One of their most …
Market mechanisms for cooperative operation of price-maker energy storage in a power network
We explore the integration of large-scale, grid-level energy storage into wholesale electricity
markets. We conduct a comparative analysis on three natural market mechanisms that have …
markets. We conduct a comparative analysis on three natural market mechanisms that have …
Real-time energy management in microgrids with reduced battery capacity requirements
Energy storage units hold promise to transform the electric power industry, since they can
supply power to end customers during peak demand times, and operate as customers upon …
supply power to end customers during peak demand times, and operate as customers upon …
Optimal storage operation under demand charge
We study the optimal operation of energy storage operated by a consumer who owns
intermittent renewable generation and faces (possibly random) fluctuating electricity prices …
intermittent renewable generation and faces (possibly random) fluctuating electricity prices …