2020
DOI: 10.1016/j.enbuild.2020.109787
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Optimization of residential battery energy storage system scheduling for cost and emissions reductions

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Cited by 33 publications
(22 citation statements)
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“…However, in our opinion, selling energy is not always the best solution (or not allowed by energy provider), as it could be, in some cases, better to save this energy for future use when purchased energy price will increase. Olivieri and McConky (2020) present an innovative optimization model used to develop optimal battery charge and discharge schedules under three different objectives: minimize time dependent energy costs, minimize carbon emissions, and a multi-objective model that considers both energy costs and carbon emissions by including a social cost of carbon. In the same vein, Haidar et al (2018) propose a real-time consumer-dependent energy management system for smart buildings, which is designed to find a trade-off between the energy cost (either renewable or non-renewable) and its carbon impact.…”
Section: Renewablementioning
confidence: 99%
“…However, in our opinion, selling energy is not always the best solution (or not allowed by energy provider), as it could be, in some cases, better to save this energy for future use when purchased energy price will increase. Olivieri and McConky (2020) present an innovative optimization model used to develop optimal battery charge and discharge schedules under three different objectives: minimize time dependent energy costs, minimize carbon emissions, and a multi-objective model that considers both energy costs and carbon emissions by including a social cost of carbon. In the same vein, Haidar et al (2018) propose a real-time consumer-dependent energy management system for smart buildings, which is designed to find a trade-off between the energy cost (either renewable or non-renewable) and its carbon impact.…”
Section: Renewablementioning
confidence: 99%
“…The maximum injected power by the LIB, which is passed through the converter and inverter, is 41.95 kW, which is 31% less than that in the previous scenario. The cost of LIBESS can be calculated using Equation (12): It can be seen that the LIBESS cost shows a 49.7% and a 66.1% reductions in comparison to the first and second scenarios, respectively. As the thermal energy consumption is the same, the variations of indoor temperatures of those residences with air-conditioning TCLs are the same as those in the previous scenarios, which is shown in Figure 11.…”
Section: Fems Of Islanded Mg With 11 Thermostatically Controlled Tementioning
confidence: 99%
“…The model is based on a MILP formulation in which V2G and demand response strategies are considered. As some recent works in this area, we can reefer to [16][17][18].…”
Section: Introductionmentioning
confidence: 97%