Exploring Economic Criteria for Energy Storage System Sizing

This paper presents two economic criteria for guiding the energy storage system (ESS) sizing in grid-connected microgrids. The internal power output model and the economic operation model of ESS are firstly established. Then, the combination of heuristic adjustment strategy and hybrid particle swarm...

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Bibliographic Details
Main Authors: Jichun Liu, Zhengbo Chen, Yue Xiang
Format: Article
Language:English
Published: MDPI AG 2019-06-01
Series:Energies
Subjects:
Online Access:https://www.mdpi.com/1996-1073/12/12/2312