IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v9y2017i6p1080-d102129.html
   My bibliography  Save this article

Coordinate Optimization of the Distribution Network Electricity Price, Energy Storage Operation Strategy, and Capacity under a Shared Mechanism

Author

Listed:
  • Wenxia Liu

    (State Key Laboratory of Alternate Electrical Power System with Renewable Energy Sources, North China Electric Power University, No. 2 Beinong Road, Changping District, Beijing 102206, China)

  • Shu Wang

    (State Key Laboratory of Alternate Electrical Power System with Renewable Energy Sources, North China Electric Power University, No. 2 Beinong Road, Changping District, Beijing 102206, China)

  • Ye Chen

    (State Key Laboratory of Alternate Electrical Power System with Renewable Energy Sources, North China Electric Power University, No. 2 Beinong Road, Changping District, Beijing 102206, China)

  • Xingliang Chen

    (State Grid Jilin Electric Power Company, Changchun 130000, China)

  • Shuya Niu

    (State Key Laboratory of Alternate Electrical Power System with Renewable Energy Sources, North China Electric Power University, No. 2 Beinong Road, Changping District, Beijing 102206, China)

  • Zongqi Liu

    (State Key Laboratory of Alternate Electrical Power System with Renewable Energy Sources, North China Electric Power University, No. 2 Beinong Road, Changping District, Beijing 102206, China)

Abstract

The large scale deployment of renewable generation is generally seen as the most promising option for displacing fossil fuel generators. A challenge in integrating renewable energy resources (RERs) for distribution networks is to find approaches that ensure the long term sustainability and economic profit of the Distribution Company (DisCo). In this paper, considering the air condition load demand side response, a coordinate optimization of the energy storage capacity and operation strategy is presented to maximize the economic profit of the DisCo. The operation strategy in the optimization is divided into two parts. Under the normal state, a price-based air condition quick response strategy is proposed, with both the comfort and economic efficiency of the users taken into account. Under the fault state, a sharing strategy of Generalized Demand Side Resources (GDSRs) is proposed to improve the utilization level of equipment based on the reliability insurance. Finally, the optimization is carried out on an improved IEEE-33 bus test system. The simulation results verify the effectiveness of the proposed method and discuss the effect of the load demand response participation rate on energy storage configuration. At the same time, the effect of GDSRs on the safe load rate of the line is also presented. The research provides a reference for the optimization and utilization of GDSRs.

Suggested Citation

  • Wenxia Liu & Shu Wang & Ye Chen & Xingliang Chen & Shuya Niu & Zongqi Liu, 2017. "Coordinate Optimization of the Distribution Network Electricity Price, Energy Storage Operation Strategy, and Capacity under a Shared Mechanism," Sustainability, MDPI, vol. 9(6), pages 1-18, June.
    • Handle: RePEc:gam:jsusta:v:9:y:2017:i:6:p:1080-:d:102129
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/9/6/1080/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/2071-1050/9/6/1080/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Eleonora Riva Sanseverino & Maria Luisa Di Silvestre & Gaetano Zizzo & Roberto Gallea & Ninh Nguyen Quang, 2013. "A Self-Adapting Approach for Forecast-Less Scheduling of Electrical Energy Storage Systems in a Liberalized Energy Market," Energies, MDPI, vol. 6(11), pages 1-22, November.
    2. Telaretti, E. & Graditi, G. & Ippolito, M.G. & Zizzo, G., 2016. "Economic feasibility of stationary electrochemical storages for electric bill management applications: The Italian scenario," Energy Policy, Elsevier, vol. 94(C), pages 126-137.
    3. Xingning Han & Shiwu Liao & Xiaomeng Ai & Wei Yao & Jinyu Wen, 2017. "Determining the Minimal Power Capacity of Energy Storage to Accommodate Renewable Generation," Energies, MDPI, vol. 10(4), pages 1-17, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ning Liang & Changhong Deng & Yahong Chen & Weiwei Yao & Dinglin Li & Man Chen & Peng Peng, 2018. "Two-Stage Coordinate Optimal Scheduling of Seawater Pumped Storage in Active Distribution Networks," Sustainability, MDPI, vol. 10(6), pages 1-15, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Giovanni Artale & Antonio Cataliotti & Valentina Cosentino & Dario Di Cara & Riccardo Fiorelli & Salvatore Guaiana & Nicola Panzavecchia & Giovanni Tinè, 2019. "A New Coupling Solution for G3-PLC Employment in MV Smart Grids," Energies, MDPI, vol. 12(13), pages 1-23, June.
    2. Yi, Tao & Cheng, Xiaobin & Chen, Yaxuan & Liu, Jinpeng, 2020. "Joint optimization of charging station and energy storage economic capacity based on the effect of alternative energy storage of electric vehicle," Energy, Elsevier, vol. 208(C).
    3. Honglu Zhu & Weiwei Lian & Lingxing Lu & Songyuan Dai & Yang Hu, 2017. "An Improved Forecasting Method for Photovoltaic Power Based on Adaptive BP Neural Network with a Scrolling Time Window," Energies, MDPI, vol. 10(10), pages 1-18, October.
    4. Lampropoulos, Ioannis & van den Broek, Machteld & van der Hoofd, Erik & Hommes, Klaas & van Sark, Wilfried, 2018. "A system perspective to the deployment of flexibility through aggregator companies in the Netherlands," Energy Policy, Elsevier, vol. 118(C), pages 534-551.
    5. Yan, Zhe & Zhang, Yongming & Liang, Runqi & Jin, Wenrui, 2020. "An allocative method of hybrid electrical and thermal energy storage capacity for load shifting based on seasonal difference in district energy planning," Energy, Elsevier, vol. 207(C).
    6. Chong Chen & Xuan Zhou & Xiaowei Yang & Zhiheng He & Zhuo Li & Zhengtian Li & Xiangning Lin & Ting Wen & Yixin Zhuo & Ning Tong, 2018. "Collaborative Optimal Pricing and Day-Ahead and Intra-Day Integrative Dispatch of the Active Distribution Network with Multi-Type Active Loads," Energies, MDPI, vol. 11(4), pages 1-22, April.
    7. Gopinath Subramani & Vigna K. Ramachandaramurthy & Sanjeevikumar Padmanaban & Lucian Mihet-Popa & Frede Blaabjerg & Josep M. Guerrero, 2017. "Grid-Tied Photovoltaic and Battery Storage Systems with Malaysian Electricity Tariff—A Review on Maximum Demand Shaving," Energies, MDPI, vol. 10(11), pages 1-17, November.
    8. Emily Spayde & Pedro J. Mago & Rogelio Luck, 2018. "Economic, Energetic, and Environmental Performance of a Solar Powered Organic Rankine Cycle with Electric Energy Storage in Different Commercial Buildings," Energies, MDPI, vol. 11(2), pages 1-17, January.
    9. Scheller, Fabian & Burkhardt, Robert & Schwarzeit, Robert & McKenna, Russell & Bruckner, Thomas, 2020. "Competition between simultaneous demand-side flexibility options: the case of community electricity storage systems," Applied Energy, Elsevier, vol. 269(C).
    10. Yu-Shan Cheng & Yi-Hua Liu & Holger C. Hesse & Maik Naumann & Cong Nam Truong & Andreas Jossen, 2018. "A PSO-Optimized Fuzzy Logic Control-Based Charging Method for Individual Household Battery Storage Systems within a Community," Energies, MDPI, vol. 11(2), pages 1-18, February.
    11. Braeuer, Fritz & Rominger, Julian & McKenna, Russell & Fichtner, Wolf, 2019. "Battery storage systems: An economic model-based analysis of parallel revenue streams and general implications for industry," Applied Energy, Elsevier, vol. 239(C), pages 1424-1440.
    12. Henrik Zsiborács & Nóra Hegedűsné Baranyai & András Vincze & István Háber & Gábor Pintér, 2018. "Economic and Technical Aspects of Flexible Storage Photovoltaic Systems in Europe," Energies, MDPI, vol. 11(6), pages 1-17, June.
    13. Saran Ganesh & Arcadio Perilla & Jose Rueda Torres & Peter Palensky & Aleksandra Lekić & Mart van der Meijden, 2021. "Generic EMT Model for Real-Time Simulation of Large Disturbances in 2 GW Offshore HVAC-HVDC Renewable Energy Hubs," Energies, MDPI, vol. 14(3), pages 1-30, February.
    14. Bennett, Christopher J. & Stewart, Rodney A. & Lu, Jun Wei, 2015. "Development of a three-phase battery energy storage scheduling and operation system for low voltage distribution networks," Applied Energy, Elsevier, vol. 146(C), pages 122-134.
    15. Dany H. Huanca & Djalma M. Falcão & Murilo E. C. Bento, 2024. "Transmission Expansion Planning Considering Storage, Flexible AC Transmission System, Losses, and Contingencies to Integrate Wind Power," Energies, MDPI, vol. 17(7), pages 1-23, April.
    16. Gábor Pintér, 2020. "The Potential Role of Power-to-Gas Technology Connected to Photovoltaic Power Plants in the Visegrad Countries—A Case Study," Energies, MDPI, vol. 13(23), pages 1-14, December.
    17. Federico Succetti & Antonello Rosato & Rodolfo Araneo & Gianfranco Di Lorenzo & Massimo Panella, 2023. "Challenges and Perspectives of Smart Grid Systems in Islands: A Real Case Study," Energies, MDPI, vol. 16(2), pages 1-37, January.
    18. Bordin, Chiara & Anuta, Harold Oghenetejiri & Crossland, Andrew & Gutierrez, Isabel Lascurain & Dent, Chris J. & Vigo, Daniele, 2017. "A linear programming approach for battery degradation analysis and optimization in offgrid power systems with solar energy integration," Renewable Energy, Elsevier, vol. 101(C), pages 417-430.
    19. Frazier, A. Will & Cole, Wesley & Denholm, Paul & Greer, Daniel & Gagnon, Pieter, 2020. "Assessing the potential of battery storage as a peaking capacity resource in the United States," Applied Energy, Elsevier, vol. 275(C).
    20. Papadopoulos, Agis M., 2020. "Renewable energies and storage in small insular systems: Potential, perspectives and a case study," Renewable Energy, Elsevier, vol. 149(C), pages 103-114.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:9:y:2017:i:6:p:1080-:d:102129. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.