Application research on energy storage in power grid supply and demand regulation based on differentiated electricity prices

To solve the problem of safe and stable grid operation caused by the uncontrollability of renewable energy power generation with a high proportion, this paper focuses on the method of energy storage participation in grid supply and demand balance regulation based on differentiated electricity prices...

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Main Authors: Shujuan Li, Qingshan Xu, Kui Hua, Junjie Xiong
Format: Article
Language:English
Published: Elsevier 2023-10-01
Series:Energy Reports
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2352484723008284
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author Shujuan Li
Qingshan Xu
Kui Hua
Junjie Xiong
author_facet Shujuan Li
Qingshan Xu
Kui Hua
Junjie Xiong
author_sort Shujuan Li
collection DOAJ
description To solve the problem of safe and stable grid operation caused by the uncontrollability of renewable energy power generation with a high proportion, this paper focuses on the method of energy storage participation in grid supply and demand balance regulation based on differentiated electricity prices. From the perspective of demand-side and regulable resources, the paper investigates the method of using differentiated electricity prices to improve demand-side responsiveness and expand energy storage operation revenue, so as to explore and activate the potential of regulable resources in the grid. Firstly, the necessity and feasibility of considering differentiated electricity prices are analyzed. Secondly, a demand-side response and energy storage regulation model based on differentiated electricity prices is established, and the supply–demand balance regulation method considering differentiated electricity prices is proposed. Then, the supply–demand balance regulation process under two conditions before and after the implementation of differentiated electricity prices is compared and analyzed through case simulation. Finally, via the practical example, the effectiveness of the method is verified, and the proposed method is able to reduce the demand for energy storage by half in rated power and reduce the rated capacity of the energy storage to 8.66%.
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spelling doaj.art-dfd6ca043194431f9d80d6433bdcec3f2023-12-17T06:38:41ZengElsevierEnergy Reports2352-48472023-10-01911811190Application research on energy storage in power grid supply and demand regulation based on differentiated electricity pricesShujuan Li0Qingshan Xu1Kui Hua2Junjie Xiong3School of Electrical Engineering, Southeast University, Nanjing 210096, ChinaSchool of Electrical Engineering, Southeast University, Nanjing 210096, China; Corresponding author.School of Electrical Engineering, Southeast University, Nanjing 210096, ChinaElectric Power Research Institute of State Grid Jiangxi Electric Power Co., Ltd., Nanchang 330096, ChinaTo solve the problem of safe and stable grid operation caused by the uncontrollability of renewable energy power generation with a high proportion, this paper focuses on the method of energy storage participation in grid supply and demand balance regulation based on differentiated electricity prices. From the perspective of demand-side and regulable resources, the paper investigates the method of using differentiated electricity prices to improve demand-side responsiveness and expand energy storage operation revenue, so as to explore and activate the potential of regulable resources in the grid. Firstly, the necessity and feasibility of considering differentiated electricity prices are analyzed. Secondly, a demand-side response and energy storage regulation model based on differentiated electricity prices is established, and the supply–demand balance regulation method considering differentiated electricity prices is proposed. Then, the supply–demand balance regulation process under two conditions before and after the implementation of differentiated electricity prices is compared and analyzed through case simulation. Finally, via the practical example, the effectiveness of the method is verified, and the proposed method is able to reduce the demand for energy storage by half in rated power and reduce the rated capacity of the energy storage to 8.66%.http://www.sciencedirect.com/science/article/pii/S2352484723008284Differentiated electricity priceRenewable energyEnergy storageNecessityFeasibility
spellingShingle Shujuan Li
Qingshan Xu
Kui Hua
Junjie Xiong
Application research on energy storage in power grid supply and demand regulation based on differentiated electricity prices
Energy Reports
Differentiated electricity price
Renewable energy
Energy storage
Necessity
Feasibility
title Application research on energy storage in power grid supply and demand regulation based on differentiated electricity prices
title_full Application research on energy storage in power grid supply and demand regulation based on differentiated electricity prices
title_fullStr Application research on energy storage in power grid supply and demand regulation based on differentiated electricity prices
title_full_unstemmed Application research on energy storage in power grid supply and demand regulation based on differentiated electricity prices
title_short Application research on energy storage in power grid supply and demand regulation based on differentiated electricity prices
title_sort application research on energy storage in power grid supply and demand regulation based on differentiated electricity prices
topic Differentiated electricity price
Renewable energy
Energy storage
Necessity
Feasibility
url http://www.sciencedirect.com/science/article/pii/S2352484723008284
work_keys_str_mv AT shujuanli applicationresearchonenergystorageinpowergridsupplyanddemandregulationbasedondifferentiatedelectricityprices
AT qingshanxu applicationresearchonenergystorageinpowergridsupplyanddemandregulationbasedondifferentiatedelectricityprices
AT kuihua applicationresearchonenergystorageinpowergridsupplyanddemandregulationbasedondifferentiatedelectricityprices
AT junjiexiong applicationresearchonenergystorageinpowergridsupplyanddemandregulationbasedondifferentiatedelectricityprices