2021
DOI: 10.1002/2050-7038.12713
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Optimal energy management of residential battery storage under uncertainty

Abstract: Summary Backgroud The uncertainty associated with renewable generation and loads imposes various challenges for the economic operation of microgrids. On the residential side, energy storage systems are implemented with high expectations to enhance photovoltaic power consumption and electricity price arbitrage. Aims This paper proposes an expectation‐oriented stochastic model for optimal energy management of household batteries to cope with the uncertain electricity generation and consumption. Materials & Metho… Show more

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Cited by 7 publications
(3 citation statements)
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References 56 publications
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“…They compute the covariance matrix that constrains time-dependent information and use it to auto-correlate scenarios from the probabilistic forecasts that serve as inputs to an EMS system that considers uncertainty. In [16], a residential HEMS is implemented based on an expectation-oriented stochastic model for the battery scheduling to cope with the uncertainty related to supply and demand.…”
Section: Related Workmentioning
confidence: 99%
“…They compute the covariance matrix that constrains time-dependent information and use it to auto-correlate scenarios from the probabilistic forecasts that serve as inputs to an EMS system that considers uncertainty. In [16], a residential HEMS is implemented based on an expectation-oriented stochastic model for the battery scheduling to cope with the uncertainty related to supply and demand.…”
Section: Related Workmentioning
confidence: 99%
“…Based on the priorities mentioned above, it is appropriate to single out [16][17][18][19], which focus on the problems of the effective control of BESSs, as well as [20][21][22][23], which provide important results regarding the regulation of the specified storage systems. Study [24] presents the results of improving the efficiency of hybrid wind-battery energy storage systems using nonlinear control and power control optimisation, and paper [25] considers the optimisation of the energy management system for microgrids, taking into account the optimal use of grid energy and the degradation of battery storage systems.…”
Section: Introductionmentioning
confidence: 99%
“…In our previous work [27], we proposed a stochastic model oriented to price arbitrage. In this paper, we further extend it to the scenario of arbitrage plus peak-shaving.…”
Section: Introductionmentioning
confidence: 99%