Day-Ahead Economic Optimal Dispatch of Microgrid Cluster Considering Shared Energy Storage System and P2P Transaction
With the increasing popularity of renewable energy, energy storage systems (ESSs) have now been used as an essential way to reduce energy bills and mitigate the impact of the uncertainty of renewable generators on the energy network. However, the high investment cost of ESS limits its application. T...
| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
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Frontiers Media S.A.
2021-04-01
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| Series: | Frontiers in Energy Research |
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| Online Access: | https://www.frontiersin.org/articles/10.3389/fenrg.2021.645017/full |
| _version_ | 1818950340285825024 |
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| author | Siming Cao Hanlin Zhang Kai Cao Meng Chen Yi Wu Suyang Zhou |
| author_facet | Siming Cao Hanlin Zhang Kai Cao Meng Chen Yi Wu Suyang Zhou |
| author_sort | Siming Cao |
| collection | DOAJ |
| description | With the increasing popularity of renewable energy, energy storage systems (ESSs) have now been used as an essential way to reduce energy bills and mitigate the impact of the uncertainty of renewable generators on the energy network. However, the high investment cost of ESS limits its application. This article proposes the concept of shared ESS (Shared-ESS) for microgrid owner/operator and applies it to the economic optimal dispatch of a microgrid cluster. In addition to the energy storage, the microgrids can achieve the peer-to-peer (P2P) transaction among each other with the use of the Shared-ESS, which significantly improves the energy utilization efficiency. The numerical analysis shows that the Shared-ESS can significantly reduce the energy bills of microgrid owner/operator, shift the usage of energy during peak time, and facilitate the renewable energy consumption. |
| first_indexed | 2024-12-20T09:17:02Z |
| format | Article |
| id | doaj.art-b2aafc3168f74704b6befb5cdb52592a |
| institution | Directory Open Access Journal |
| issn | 2296-598X |
| language | English |
| last_indexed | 2024-12-20T09:17:02Z |
| publishDate | 2021-04-01 |
| publisher | Frontiers Media S.A. |
| record_format | Article |
| series | Frontiers in Energy Research |
| spelling | doaj.art-b2aafc3168f74704b6befb5cdb52592a2022-12-21T19:45:23ZengFrontiers Media S.A.Frontiers in Energy Research2296-598X2021-04-01910.3389/fenrg.2021.645017645017Day-Ahead Economic Optimal Dispatch of Microgrid Cluster Considering Shared Energy Storage System and P2P TransactionSiming Cao0Hanlin Zhang1Kai Cao2Meng Chen3Yi Wu4Suyang Zhou5Yangzhou Power Supply Company, Jiangsu Electric Power Company, State Grid Cooperation of China, Yangzhou, ChinaSchool of Electrical Engineering, Southeast University, Nanjing, ChinaYangzhou Power Supply Company, Jiangsu Electric Power Company, State Grid Cooperation of China, Yangzhou, ChinaYangzhou Power Supply Company, Jiangsu Electric Power Company, State Grid Cooperation of China, Yangzhou, ChinaYangzhou Power Supply Company, Jiangsu Electric Power Company, State Grid Cooperation of China, Yangzhou, ChinaSchool of Electrical Engineering, Southeast University, Nanjing, ChinaWith the increasing popularity of renewable energy, energy storage systems (ESSs) have now been used as an essential way to reduce energy bills and mitigate the impact of the uncertainty of renewable generators on the energy network. However, the high investment cost of ESS limits its application. This article proposes the concept of shared ESS (Shared-ESS) for microgrid owner/operator and applies it to the economic optimal dispatch of a microgrid cluster. In addition to the energy storage, the microgrids can achieve the peer-to-peer (P2P) transaction among each other with the use of the Shared-ESS, which significantly improves the energy utilization efficiency. The numerical analysis shows that the Shared-ESS can significantly reduce the energy bills of microgrid owner/operator, shift the usage of energy during peak time, and facilitate the renewable energy consumption.https://www.frontiersin.org/articles/10.3389/fenrg.2021.645017/fullshared energy storage systemmicrogrid clusterpeer-to-peer transactioneconomic optimal dispatchglobal energy management |
| spellingShingle | Siming Cao Hanlin Zhang Kai Cao Meng Chen Yi Wu Suyang Zhou Day-Ahead Economic Optimal Dispatch of Microgrid Cluster Considering Shared Energy Storage System and P2P Transaction Frontiers in Energy Research shared energy storage system microgrid cluster peer-to-peer transaction economic optimal dispatch global energy management |
| title | Day-Ahead Economic Optimal Dispatch of Microgrid Cluster Considering Shared Energy Storage System and P2P Transaction |
| title_full | Day-Ahead Economic Optimal Dispatch of Microgrid Cluster Considering Shared Energy Storage System and P2P Transaction |
| title_fullStr | Day-Ahead Economic Optimal Dispatch of Microgrid Cluster Considering Shared Energy Storage System and P2P Transaction |
| title_full_unstemmed | Day-Ahead Economic Optimal Dispatch of Microgrid Cluster Considering Shared Energy Storage System and P2P Transaction |
| title_short | Day-Ahead Economic Optimal Dispatch of Microgrid Cluster Considering Shared Energy Storage System and P2P Transaction |
| title_sort | day ahead economic optimal dispatch of microgrid cluster considering shared energy storage system and p2p transaction |
| topic | shared energy storage system microgrid cluster peer-to-peer transaction economic optimal dispatch global energy management |
| url | https://www.frontiersin.org/articles/10.3389/fenrg.2021.645017/full |
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