On Optimal Battery Sizing for Households Participating in Demand-Side Management Schemes
<div><p>The smart grid with its two-way communication and bi-directional power layers is a cornerstone in the combat against global warming. It allows for the large-scale adoption of distributed (individually-owned) renewable energy resources such as solar photovoltaic systems. Their int...
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2019
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| Summary: | <div><p>The smart grid with its two-way communication and bi-directional power layers is a cornerstone in the combat against global warming. It allows for the large-scale adoption of distributed (individually-owned) renewable energy resources such as solar photovoltaic systems. Their intermittency poses a threat to the stability of the grid, which can be addressed by the introduction of energy storage systems. Determining the optimal capacity of a battery has been an active area of research in recent years. In this research, an in-depth analysis of the relation between optimal capacity and demand and generation patterns is performed for households taking part in a community-wide demand-side management scheme. The scheme is based on a non-cooperative dynamic game approach in which participants compete for the lowest electricity bill by scheduling their energy storage systems. The results are evaluated based on self-consumption, the peak-to-average ratio of the aggregated load and potential cost reductions. Furthermore, the difference between individually-owned batteries and a centralised community energy storage system serving the whole community is investigated.</p><p> </p></div><h2>Other Information</h2> <p> Published in: Energies<br> License: <a href="https://creativecommons.org/licenses/by/4.0/" target="_blank">https://creativecommons.org/licenses/by/4.0/</a><br>See article on publisher's website: <a href="https://dx.doi.org/10.3390/en12183419" target="_blank">https://dx.doi.org/10.3390/en12183419</a></p> |
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