A comparison of optimal peak clipping and load shifting energy storage dispatch control strategies for event-based demand response

Elio, Joseph; Milcarek, Ryan J.

doi:10.1016/j.ecmx.2023.100392

Cited by 4 publications

(3 citation statements)

References 33 publications

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“…It was inferred that the use of ESS (Li-ion battery and CAES) for peak reduction demand was more profitable for users with intermittent operation than continuous operation. Furthermore, an experiment on Li-ion battery showed that an optimally sized battery was more beneficial with a shorter payback period when participated in incentive-based DR rather than merely used for peak clipping and load shifting [136].…”

Section: Challenges and Limitationsmentioning

confidence: 99%

A Survey of Commercial and Industrial Demand Response Flexibility with Energy Storage Systems and Renewable Energy

Yasmin,

Amin,

Shah

et al. 2024

Sustainability

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The transition from traditional fuel-dependent energy systems to renewable energy-based systems has been extensively embraced worldwide. Demand-side flexibility is essential to support the power grid with carbon-free generation (e.g., solar, wind.) in an intermittent nature. As extensive energy consumers, commercial and industrial (C&I) consumers can play a key role by extending their flexibility and participating in demand response. Onsite renewable generation by consumers can reduce the consumption from the grid, while energy storage systems (ESSs) can support variable generation and shift demand by storing energy for later use. Both technologies can increase the flexibility and benefit by integrating with the demand response. However, a lack of knowledge about the applicability of increasing flexibility hinders the active participation of C&I consumers in demand response programs. This survey paper provides an overview of demand response and energy storage systems in this context following a methodology of a step-by-step literature review covering the period from 2013 to 2023. The literature review focuses on the application of energy storage systems and onsite renewable generation integrated with demand response for C&I consumers and is presented with an extensive analysis. This survey also examines the demand response participation and potential of wastewater treatment plants. The extended research on the wastewater treatment plant identifies the potential opportunities of coupling biogas with PV, extracting the thermal energy and onsite hydrogen production. Finally, the survey analysis is summarised, followed by critical recommendations for future research.

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Section: Challenges and Limitationsmentioning

confidence: 99%

A Survey of Commercial and Industrial Demand Response Flexibility with Energy Storage Systems and Renewable Energy

Yasmin,

Amin,

Shah

et al. 2024

Sustainability

View full text Add to dashboard Cite

show abstract

“…Static indexes [19][20][21] Static indexes refer to the indexes that directly calculate the cash flow formed using investment projects without uniform conversion according to the time value of money, including static investment pay-back period and investment profit rate, etc. Static Pay-Back Period (SPP) refers to the static pay-back period during the construction period and the static pay-back period excluding the construction period.…”

mentioning

confidence: 99%

Optimal Configuration of Wind-PV and Energy Storage in Large Clean Energy Bases

Liu,

Zhang,

Wang

et al. 2023

Sustainability

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The installed capacity of energy storage in China has increased dramatically due to the national power system reform and the integration of large scale renewable energy with other sources. To support the construction of large-scale energy bases and optimizes the performance of thermal power plants, the research on the corporation mode between energy storage and thermal energy, including the optimization of energy-storage capacity and its operation in large-scale clean energy bases. In this paper, a large-scale clean energy base system is modeled with EBSILON and a capacity calculation method is established by minimizing the investment cost and energy storage capacity of the power system and constraints such as power balance, SOC, and power fluctuations. The research proposed a method of using coupled system of thermal energy storage systems primarily based on molten salt thermal storage and thermal power generation for rough modulation and using battery energy storage system for fine modulation tasks. Example of fine modulation includes frequency modulation and heating demand of the district, which significantly reduces the energy storage investment by more than 95%. A case study of a 10 MW clean energy base is conducted. The result shows that the overall pre-tax internal rate of return of the base project is 8%, which has good economic benefits.

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“…Load Shifting [238][239][240][241][242]: Load shifting refers to the practice of adjusting the timing of energy consumption to take advantage of more favorable conditions, such as lower electricity prices or increased availability of renewable energy.…”

mentioning

confidence: 99%

Battery Energy Storage Systems for the New Electricity Market Landscape: Modeling, State Diagnostics, Management, and Viability—A Review

Carrasco Ortega,

Durán Gómez,

Mérida Sánchez

et al. 2023

Energies

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Renewable energy penetration and distributed generation are key for the transition towards more sustainable societies, but they impose a substantial challenge in terms of matching generation with demand due to the intermittent and unpredictable nature of some of these renewable energy sources. Thus, the role of energy storage in today’s and future electricity markets is undisputed. Batteries stand out among the different alternatives for energy storage. The R&D effort into different battery chemistries contributes to reducing the investment associated with battery systems. However, optimizing their operation according to the users’ and the electricity markets’ needs is the turning point to finally make these systems attractive. This review delves into the topic of battery management systems from a battery-technology-independent perspective, and it also explores more fundamental but related aspects, such as battery modeling or state estimation. The techno-economic part of battery energy storage systems is also covered in this document to understand their real potential and viability.

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A comparison of optimal peak clipping and load shifting energy storage dispatch control strategies for event-based demand response

Cited by 4 publications

References 33 publications

A Survey of Commercial and Industrial Demand Response Flexibility with Energy Storage Systems and Renewable Energy

A Survey of Commercial and Industrial Demand Response Flexibility with Energy Storage Systems and Renewable Energy

Optimal Configuration of Wind-PV and Energy Storage in Large Clean Energy Bases

Battery Energy Storage Systems for the New Electricity Market Landscape: Modeling, State Diagnostics, Management, and Viability—A Review

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