Pub Date : 2024-03-05DOI: 10.35833/MPCE.2023.000744
Yuxuan Zhuang;Zhiyi Li;Qipeng Tan;Yongqi Li;Minhui Wan
The push for renewable energy emphasizes the need for energy storage systems (ESSs) to mitigate the unpre-dictability and variability of these sources, yet challenges such as high investment costs, sporadic utilization, and demand mismatch hinder their broader adoption. In response, shared energy storage systems (SESSs) offer a more cohesive and efficient use of ESS, providing more accessible and cost-effective energy storage solutions to overcome these obstacles. To enhance the profitability of SESSs, this paper designs a multi-time-scale resource allocation strategy based on long-term contracts and real-time rental business models. We initially construct a life cycle cost model for SESS and introduce a method to estimate the degradation costs of multiple battery groups by cycling numbers and depth of discharge within the SESS. Subsequently, we design various long-term contracts from both capacity and energy perspectives, establishing associated models and real-time rental models. Lastly, multi-time-scale resource allocation based on the decomposition of user demand is proposed. Numerical analysis validates that the business model based on long-term contracts excels over models operating solely in the real-time market in economic viability and user satisfaction, effectively reducing battery degradation, and leveraging the aggregation effect for SESS can generate an additional increase of 10.7% in net revenue.
{"title":"Multi-Time-Scale Resource Allocation Based on Long-Term Contracts and Real-Time Rental Business Models for Shared Energy Storage Systems","authors":"Yuxuan Zhuang;Zhiyi Li;Qipeng Tan;Yongqi Li;Minhui Wan","doi":"10.35833/MPCE.2023.000744","DOIUrl":"https://doi.org/10.35833/MPCE.2023.000744","url":null,"abstract":"The push for renewable energy emphasizes the need for energy storage systems (ESSs) to mitigate the unpre-dictability and variability of these sources, yet challenges such as high investment costs, sporadic utilization, and demand mismatch hinder their broader adoption. In response, shared energy storage systems (SESSs) offer a more cohesive and efficient use of ESS, providing more accessible and cost-effective energy storage solutions to overcome these obstacles. To enhance the profitability of SESSs, this paper designs a multi-time-scale resource allocation strategy based on long-term contracts and real-time rental business models. We initially construct a life cycle cost model for SESS and introduce a method to estimate the degradation costs of multiple battery groups by cycling numbers and depth of discharge within the SESS. Subsequently, we design various long-term contracts from both capacity and energy perspectives, establishing associated models and real-time rental models. Lastly, multi-time-scale resource allocation based on the decomposition of user demand is proposed. Numerical analysis validates that the business model based on long-term contracts excels over models operating solely in the real-time market in economic viability and user satisfaction, effectively reducing battery degradation, and leveraging the aggregation effect for SESS can generate an additional increase of 10.7% in net revenue.","PeriodicalId":51326,"journal":{"name":"Journal of Modern Power Systems and Clean Energy","volume":"12 2","pages":"454-465"},"PeriodicalIF":6.3,"publicationDate":"2024-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=10460468","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140291021","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-03-03DOI: 10.35833/MPCE.2023.000718
Ye Tang;Qiaozhu Zhai;Yuzhou Zhou
Energy storage (ES), as a fast response technology, creates an opportunity for microgrid (MG) to participate in the reserve market such that MG with ES can act as an independent reserve provider. However, the potential value of MG with ES in the reserve market has not been well realized. From the viewpoint of reserve provider, a novel day-ahead model is proposed comprehensively considering the effect of the real-time scheduling process, which differs from the model that MG with ES acts as a reserve consumer in most existing studies. Based on the proposed model, MG with ES can schedule its internal resources to give reserve service to other external systems as well as to realize optimal self-scheduling. Considering that the proposed model is just in concept and cannot be directly solved, a multi-stage robust optimization reserve provision method is proposed, which leverages the structure of model constraints. Next, the original model can be converted into a mixed-integer linear programming problem and the model is tractable with guaranteed solution feasibility. Numerical tests in a real-world context are provided to demonstrate efficient operation and economic performance.
储能(ES)作为一种快速响应技术,为微电网(MG)参与储备市场创造了机会,使带有 ES 的微电网可以充当独立的储备供应商。然而,带 ES 的微电网在储备市场中的潜在价值尚未得到很好的体现。本文从储备提供者的角度出发,提出了一种综合考虑了实时调度过程影响的新型日前模型,该模型有别于现有大多数研究中将带 ES 的 MG 视为储备消费者的模型。基于提出的模型,带 ES 的 MG 可调度其内部资源为其他外部系统提供储备服务,并实现最优的自我调度。考虑到所提出的模型只是概念,无法直接求解,因此提出了一种多阶段鲁棒优化储备供应方法,该方法利用了模型约束的结构。接下来,原始模型可转换为混合整数线性规划问题,模型具有可操作性,并保证了求解的可行性。在现实世界中进行的数值测试证明了该方法的高效运行和经济效益。
{"title":"From Viewpoint of Reserve Provider: A Day-Ahead Multi-Stage Robust Optimization Reserve Provision Method for Microgrid with Energy Storage","authors":"Ye Tang;Qiaozhu Zhai;Yuzhou Zhou","doi":"10.35833/MPCE.2023.000718","DOIUrl":"https://doi.org/10.35833/MPCE.2023.000718","url":null,"abstract":"Energy storage (ES), as a fast response technology, creates an opportunity for microgrid (MG) to participate in the reserve market such that MG with ES can act as an independent reserve provider. However, the potential value of MG with ES in the reserve market has not been well realized. From the viewpoint of reserve provider, a novel day-ahead model is proposed comprehensively considering the effect of the real-time scheduling process, which differs from the model that MG with ES acts as a reserve consumer in most existing studies. Based on the proposed model, MG with ES can schedule its internal resources to give reserve service to other external systems as well as to realize optimal self-scheduling. Considering that the proposed model is just in concept and cannot be directly solved, a multi-stage robust optimization reserve provision method is proposed, which leverages the structure of model constraints. Next, the original model can be converted into a mixed-integer linear programming problem and the model is tractable with guaranteed solution feasibility. Numerical tests in a real-world context are provided to demonstrate efficient operation and economic performance.","PeriodicalId":51326,"journal":{"name":"Journal of Modern Power Systems and Clean Energy","volume":"12 5","pages":"1535-1547"},"PeriodicalIF":5.7,"publicationDate":"2024-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://ieeexplore.ieee.org/stamp/stamp.jsp?tp=&arnumber=10520021","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142324271","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Decarbonization in the power sector is one of the critical factors in achieving carbon neutrality, and the top-level design needs to be carried out from the perspective of power planning. A multi-stage provincial power expansion planning (PPEP) model is proposed to simulate the power expansion planning at different stages of the power systems rich in renewable energy generation. This model covers 16 types of power supply, considering macro-policy demands and micro-operation constraints. The stand-alone capacity aggregation model for coal-based units within the PPEP model allows for accurate construction and retirement with different stand-alone capacities. Moreover, the soft dynamic time warping (soft-DTW) based $K-text{medoids}$