Optimal Sizing and Scheduling of Battery Storage System Incorporated with PV for Energy Arbitrage in Three Different Electricity Markets

Kadri, Abdeslem; Raahemifar, Kaamran

doi:10.1109/ccece.2019.8861776

Cited by 12 publications

(4 citation statements)

References 11 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Energy and/or arbitrage: Electricity storage facilitates a form of arbitrage: earning a profit by charging storage devices (i.e., buying electricity) when energy prices are low and discharging them (i.e., selling electricity) when energy prices are high (Kadri and Raahemifar 2019). The terms 'energy' and 'arbitrage' are sometimes used interchangeably in the literature in utility-scale storage applications.…”

Section: Utility-scale Storage Applicationsmentioning

confidence: 99%

The Value of Storage in Electricity Generation: A Qualitative and Quantitative Review

Elshurafa¹

2020

View full text Add to dashboard Cite

show abstract

Section: Utility-scale Storage Applicationsmentioning

confidence: 99%

The Value of Storage in Electricity Generation: A Qualitative and Quantitative Review

Elshurafa¹

2020

View full text Add to dashboard Cite

show abstract

“…A estratégia de despacho dos bancos de baterais visa obter benefícios com arbitragem em um contexto de tarifas horárias. Utiliza-se o banco de baterias para armazenar a energia em períodos de preço baixo e fornecer energia para a carga em períodos de preço elevado (Kadri and Raahemifar, 2019). Tal estratégia de despachoé bastante interessante em ambientes regulados com tarifas TOU, comoé o caso da tarifa branca.…”

Section: Estratégia De Despachounclassified

Comparação de Vida Útil entre Bancos de Baterias de Íon-lítio e Chumbo-ácido no Contexto da Compensação de Energia com Fotovoltaicos e Tarifa Branca

Paixão

Brandão

Fernandes

et al. 2020

Anais Do Simpósio Brasileiro De Sistemas Elétricos 2020

View full text Add to dashboard Cite

Bancos de baterias podem ser utilizados para garantir um custo de energia reduzido em mercados regulados com tarifas horárias como a tarifa branca para clientes de baixa tensão no Brasil. Esse artigo faz uma comparação de vida útil entre banco de baterias de íon-lítio ferro-fosfato e chumbo-ácido carbono quando utilizados para propiciar a redução da conta de energia elétrica. Os bancos de baterias são utilizados juntamente com uma usina fotovoltaica no contexto da REN482/2012 da ANEEL para um cliente residencial sob tarifa branca. O despacho dos bancos de baterias é realizado com a finalidade de aproveitar os benefícios da arbitragem no contexto da tarifa branca horária. Os resultados mostram que, apesar de ter um custo inicial mais elevado que o chumbo-ácido, a longo prazo, o banco de baterias de íon-lítio é mais vantajoso.

show abstract

“…Another use of ESSs is their installation in power plants to participate in electricity markets, where the profitability of the hybrid plant and investments is sought. In [14][15][16][17], the use of storage systems for arbitrage (taking advantage of periods of low grid prices to store energy and discharging at higher prices) is analysed. These analyses are undertaken because of the opportunities that arbitrage can provide to make storage systems viable for investors.…”

Section: Introductionmentioning

confidence: 99%

Sizing and Management of Energy Storage Systems in Large-Scale Power Plants Using Price Control and Artificial Intelligence

et al. 2021

View full text Add to dashboard Cite

Energy storage systems are expected to play a fundamental part in the integration of increasing renewable energy sources into the electric system. They are already used in power plants for different purposes, such as absorbing the effect of intermittent energy sources or providing ancillary services. For this reason, it is imperative to research managing and sizing methods that make power plants with storage viable and profitable projects. In this paper, a managing method is presented, where particle swarm optimisation is used to reach maximum profits. This method is compared to expert systems, proving that the former achieves better results, while respecting similar rules. The paper further presents a sizing method which uses the previous one to make the power plant as profitable as possible. Finally, both methods are tested through simulations to show their potential.

show abstract

Optimal Sizing and Scheduling of Battery Storage System Incorporated with PV for Energy Arbitrage in Three Different Electricity Markets

Cited by 12 publications

References 11 publications

The Value of Storage in Electricity Generation: A Qualitative and Quantitative Review

The Value of Storage in Electricity Generation: A Qualitative and Quantitative Review

Comparação de Vida Útil entre Bancos de Baterias de Íon-lítio e Chumbo-ácido no Contexto da Compensação de Energia com Fotovoltaicos e Tarifa Branca

Sizing and Management of Energy Storage Systems in Large-Scale Power Plants Using Price Control and Artificial Intelligence

Contact Info

Product

Resources

About