Power Conversion System Operation to Reduce the Electricity Purchasing Cost of Energy Storage Systems

A strategy to operate a power conversion system (PCS) to minimize the electricity rate of an energy storage system (ESS) is formulated. The ESS operation method is determined considering the power management system (PMS). The primary functions include peak-cut, peak-shifting, and frequency regulatio...

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Bibliographic Details
Main Authors: Jun-Mo Kim, Jeong Lee, Jin-Wook Kim, Junsin Yi, Chung-Yuen Won
Format: Article
Language:English
Published: MDPI AG 2021-08-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/14/16/4728