Grid connected energy storage system to profit from net-metering and variable rate electricity

Hossain, Shakhawat; Iqbal, M. Tariq

doi:10.1109/ccece.2014.6900912

Cited by 8 publications

(10 citation statements)

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“…Leadbetter and Swan [35] size BESS based on the residence's load profile simulated at 5-minute intervals and charged from grid during off-peak tariff time. Hossain and Iqbal [36] also propose BESS for profit from Net-Metering and Variable Rate Electricity by charging in off-peak and discharging in on-peak periods. Some researchers [37,38] report sizing methodology of BESS for a consumer connected to the grid with variable rate and TOU tariff structures.…”

Section: ~ 4 ~mentioning

confidence: 99%

“…Hossain and Iqbal [36] also propose BESS for profit from Net-Metering and Variable Rate Electricity by charging in off-peak and discharging in on-peak periods. Some researchers [37,38] report sizing methodology of BESS for a consumer connected to the grid with variable rate and TOU tariff structures. Others however, completely ignored the role of renewable energy and thus relied on grid for charging BESS without local energy security and cushion against grid energy increasing prices [35 -38].…”

Section: ~ 4 ~mentioning

confidence: 99%

“…The rest of the thesis is organized as: [84] and load forecasting [85,86], and PV and/or BEES size/cost optimization [37,38] are outside the scope of this work.…”

Section: Outlinementioning

confidence: 99%

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Predictive energy management and control for renewable energy plus battery energy storage systems

Syed¹

2021

Preprint

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Renewable energy (RE) is one of the solutions to rising energy demands and growing environmental concerns. However, due to the intrinsic intermittency of RE resources, generated power is irregular and the supplied energy is intermittent. Intermittency renders RE systems non-dispatchable and can cause energy surplus and shortage. RE surplus can translate into curtailment and shortage can cause supply and demand issues. Curtailment wastes RE and supply and demand issues result in loss of load compromising service quality and system reliability. Battery energy storage system (BESS) is the widely accepted solution to mitigate the negative impacts of intermittency. However, this solution has relied on the conventional energy management and control (EMC) techniques that: 1) cause curtailment, 2) cause supply and demand issues, 3) cannot exploit BESS potential, 4) use RE passively (if and when available), and (5) are suitable only for readily dispatchable generation systems. This work proposes predictive EMC (PEMC) over conventional EMC (CEMC) to predictively perform EMC of RE systems (photovoltaic (PV) and wind) plus BESS (RE-BESS). PEMC predictively optimizes resources, makes control decisions and manages RE system operations based on the present and future (forecasted) load (or commitments) and RE potential over 24 hours horizon. PEMC 1) minimizes curtailment (maximize RE proportions), 2) minimizes supply and demand issues, 3) exploits BESS potential, 4) uses RE proactively (instead of operating on the mercy of weather), 5) compensates for forecast errors, and 6) maximizes savings (or revenue).

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Section: ~ 4 ~mentioning

confidence: 99%

Section: ~ 4 ~mentioning

confidence: 99%

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Predictive energy management and control for renewable energy plus battery energy storage systems

Syed¹

2021

Preprint

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“…Under net metering a system owner receives retail credit for all the electricity they generate when they produce more electricity than they consume during any given billing period. [4] Advanced net meter is not limited to electricity distribution. The infrastructure includes smart meter at consumer end, communication network at different levels of the infrastructure hierarchy to connect to two ends.…”

Section: Advanced Net Metering Infrastructurementioning

confidence: 99%

“…It also sends this information automatically to the local distribution company. [4] Some net metering (NEM) programs are given : 1) Standard NEM-This is a solar and wind energy program for residential and small commercial rate customers whose generator size is 30kw or less. 2) Expanded NEM-This is a solar and wind energy program for agriculture and demand rate customer whose generator is of any size and for residential and small commercial rate customers whose generator capacity is over 30kw.…”

Section: Advanced Net Metering Infrastructurementioning

confidence: 99%

Bidirectional Smart Net-Meter

Ghodmalle¹

2018

IJRASET

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Now a day's the gap between energy generation and demand is increasing. To overcome this problem, the use of generation of energy from renewable sources will satisfy the consumers need. This system also helps to reduce monthly energy bill and also generate error free bill. In this paper, we are using energy which is generated by renewable energy sources and whatever surplus energy is export to the grid. This will reduce the monthly energy bill of consumer by crediting the exported energy charges. The proposed bidirectional smart net metering consists of voltage and current measurement circuit. This measures the instantaneous voltage and current respectively. Then aurdino calculates the net energy by using measured values of voltage and current also the net output energy displayed through LCD. This is interfaced with aurdino at regular interval. Experimental result shows the accuracy in calculating the net energy of system.

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An ex-post energy rate mechanism for distribution networks based on real time metering

Chávez

2015

2015 IEEE PES Innovative Smart Grid Technologies Latin America (ISGT LATAM)

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Grid connected energy storage system to profit from net-metering and variable rate electricity

Cited by 8 publications

References 0 publications

Predictive energy management and control for renewable energy plus battery energy storage systems

Predictive energy management and control for renewable energy plus battery energy storage systems

Bidirectional Smart Net-Meter

An ex-post energy rate mechanism for distribution networks based on real time metering

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