Bilevel optimization model for sizing of battery energy storage systems in a microgrid considering their economical operation
Battery energy storage systems (BESSs) play extremely important roles in managing power supply and demand in a microgrid. The BESSs, on the other hand, have problems of high initial investment costs and limited lifetime. In this paper, a problem formulation and its solution are presented for sizing...
Main Authors: | , , , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2023-03-01
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Series: | Energy Reports |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2352484722024556 |