Multiple community energy storage planning in distribution networks using a cost-benefit analysis
By J. Sardi, Nadarajah Mithulananthan, Marcus R. Gallagher, Duong Quoc Hung. 2017
164 citations recorded by the source corpus.
This paper proposes a strategy for optimal allocation of multiple Community Energy Storage (CES) units in a distribution system with photovoltaic (PV) generation. The main contribution of this strategy is it considers all possible benefits accrued from and costs incurred by CES deployment to a utility. The benefits are gained from energy arbitrage, peaking power generation, energy loss reduction, system upgrade deferral, emission reduction and VAr support. A cost-benefit analysis is also conducted to identify the optimal Net Present Value (NPV), Discounted Payback Period (DPP) and Benefit-Cost ratio (BCR). Moreover, an optimal power factor approach is included in the analysis to dispatch CES units to improve load factors and voltage profiles. The probabilistic distribution of solar irradiance is also incorporated in the proposed strategy to consider the uncertainty of PV generation. Several sensitivity analyses are carried out to investigate the effects of PV penetration, load models and the number of CES units deployed on the profitability of CES investment. Numerical results show that the proposed strategy enables a power utility to identify the location, size and operational characteristic of CES units for maximizing the total NPV and enhancing load factors and voltage profiles.
Subfields: Control and Systems Engineering, Electrical and Electronic Engineering
View Paper: https://www.semanticscholar.org/paper/5410e62813a5006c7118c0dbe6f1dcb6078e708c
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In Electrical and Electronic Engineering
Citations in the corpus
- Overview of energy storage systems in distribution networks: Placement, sizing, operation, and power quality (2018, background): “Notably, to ensure sustainable energy supply with RES integration, wind is considered in [159,157,162,169–171,115,172,183,184,174, 185], PV is integrated in [189,119,176,120,178,167,166,177,186,114, 182,173,116,98], and both (or generic RESs) are also incorporated in some studies, e.”
- Optimum community energy storage for renewable energy and demand load management (2017, unknown): “allocation of multiple CES systems including energy arbitrage, peaking power generation, energy loss reduction, system upgrade deferral, emission reduction and VAr support has been proposed [22].”