scholarly journals A Coordinated Peak Shaving Strategy Using Neural Network for Discretely Adjustable Energy-Intensive Load and Battery Energy Storage

IEEE Access ◽  
2020 ◽  
Vol 8 ◽  
pp. 5331-5338 ◽  
Author(s):  
Xueliang Li ◽  
Xiangyang Cao ◽  
Can Li ◽  
Bin Yang ◽  
Miao Cong ◽  
...  
Keyword(s):  
Neural Network ◽  
Energy Storage ◽  
Peak Shaving ◽  
Battery Energy Storage ◽  
Battery Energy

scholarly journals Optimal Component Sizing for Peak Shaving in Battery Energy Storage System for Industrial Applications

Energies ◽  
2018 ◽  
Vol 11 (8) ◽  
pp. 2048 ◽  
Author(s):  
Rodrigo Martins ◽  
Holger Hesse ◽  
Johanna Jungbauer ◽  
Thomas Vorbuchner ◽  
Petr Musilek
Keyword(s):  
Energy Storage ◽  
Storage System ◽  
Energy Storage System ◽  
Optimization Approach ◽  
Battery Energy Storage System ◽  
Peak Shaving ◽  
Battery Energy Storage ◽  
Battery Energy ◽  
Power Capability

Recent attention to industrial peak shaving applications sparked an increased interest in battery energy storage. Batteries provide a fast and high power capability, making them an ideal solution for this task. This work proposes a general framework for sizing of battery energy storage system (BESS) in peak shaving applications. A cost-optimal sizing of the battery and power electronics is derived using linear programming based on local demand and billing scheme. A case study conducted with real-world industrial profiles shows the applicability of the approach as well as the return on investment dependence on the load profile. At the same time, the power flow optimization reveals the best storage operation patterns considering a trade-off between energy purchase, peak-power tariff, and battery aging. This underlines the need for a general mathematical optimization approach to efficiently tackle the challenge of peak shaving using an energy storage system. The case study also compares the applicability of yearly and monthly billing schemes, where the highest load of the year/month is the base for the price per kW. The results demonstrate that batteries in peak shaving applications can shorten the payback period when used for large industrial loads. They also show the impacts of peak shaving variation on the return of investment and battery aging of the system.

scholarly journals Optimized Sizing, Selection, and Economic Analysis of Battery Energy Storage for Grid-Connected Wind-PV Hybrid System

2015 ◽  
Vol 2015 ◽  
pp. 1-16 ◽  
Author(s):  
Hina Fathima ◽  
K. Palanisamy
Keyword(s):  
Energy Storage ◽  
Integrated System ◽  
Photovoltaic System ◽  
Battery Management ◽  
Peak Shaving ◽  
Battery Energy Storage ◽  
Technoeconomic Analysis ◽  
Energy Applications ◽  
Battery Energy ◽  
The Cost

Energy storages are emerging as a predominant sector for renewable energy applications. This paper focuses on a feasibility study to integrate battery energy storage with a hybrid wind-solar grid-connected power system to effectively dispatch wind power by incorporating peak shaving and ramp rate limiting. The sizing methodology is optimized using bat optimization algorithm to minimize the cost of investment and losses incurred by the system in form of load shedding and wind curtailment. The integrated system is then tested with an efficient battery management strategy which prevents overcharging/discharging of the battery. In the study, five major types of battery systems are considered and analyzed. They are evaluated and compared based on technoeconomic and environmental metrics as per Indian power market scenario. Technoeconomic analysis of the battery is validated by simulations, on a proposed wind-photovoltaic system in a wind site in Southern India. Environmental analysis is performed by evaluating the avoided cost of emissions.

A novel peak shaving algorithm for islanded microgrid using battery energy storage system

Energy ◽  
2020 ◽  
Vol 196 ◽  
pp. 117084 ◽  
Author(s):  
Moslem Uddin ◽  
M.F. Romlie ◽  
M.F. Abdullah ◽  
ChiaKwang Tan ◽  
GM Shafiullah ◽  
...  
Keyword(s):  
Energy Storage ◽  
Storage System ◽  
Energy Storage System ◽  
Battery Energy Storage System ◽  
Peak Shaving ◽  
Battery Energy Storage ◽  
Islanded Microgrid ◽  
Battery Energy
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