Storing Electricity in a Country's Electrical Grid as a Key Energy Problem of the 21st Century

Basic problems of optimizing the structure of a country's electrical grid by incorporating storage facilities and renewable sources of energy into the grid are formulated, and the authors' vision on how to approach some of these problems is offered. A game model for analyzing the potential...

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Main Authors: Roginskiy, Leonid A., Larson, Richard Charles, Belenky, Alexander S.
Other Authors: Massachusetts Institute of Technology. Department of Mathematics
Format: Article
Published: Elsevier 2018
Online Access:http://hdl.handle.net/1721.1/115369
https://orcid.org/0000-0002-2441-6751
https://orcid.org/0000-0003-2776-4900
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author Roginskiy, Leonid A.
Larson, Richard Charles
Belenky, Alexander S.
author2 Massachusetts Institute of Technology. Department of Mathematics
author_facet Massachusetts Institute of Technology. Department of Mathematics
Roginskiy, Leonid A.
Larson, Richard Charles
Belenky, Alexander S.
author_sort Roginskiy, Leonid A.
collection MIT
description Basic problems of optimizing the structure of a country's electrical grid by incorporating storage facilities and renewable sources of energy into the grid are formulated, and the authors' vision on how to approach some of these problems is offered. A game model for analyzing the potential of an electrical grid with storing facilities to serve its customers and for finding fair (equilibrium) electricity tariffs in it is discussed, and an elementary scheme for estimating advantages of using these fair tariffs by a customer of the grid is proposed. Keywords: derivatives; electrical grid; storing electricity; storing strategy
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spelling mit-1721.1/1153692022-10-03T09:37:40Z Storing Electricity in a Country's Electrical Grid as a Key Energy Problem of the 21st Century Roginskiy, Leonid A. Larson, Richard Charles Belenky, Alexander S. Massachusetts Institute of Technology. Department of Mathematics Massachusetts Institute of Technology. Institute for Data, Systems, and Society Belenky, Alexander Larson, Richard Charles Basic problems of optimizing the structure of a country's electrical grid by incorporating storage facilities and renewable sources of energy into the grid are formulated, and the authors' vision on how to approach some of these problems is offered. A game model for analyzing the potential of an electrical grid with storing facilities to serve its customers and for finding fair (equilibrium) electricity tariffs in it is discussed, and an elementary scheme for estimating advantages of using these fair tariffs by a customer of the grid is proposed. Keywords: derivatives; electrical grid; storing electricity; storing strategy 2018-05-14T19:23:14Z 2018-05-14T19:23:14Z 2016-08 2018-05-14T19:04:58Z Article http://purl.org/eprint/type/JournalArticle 1877-0509 http://hdl.handle.net/1721.1/115369 Belenky, Alexander S. et al. “Storing Electricity in a Country’s Electrical Grid as a Key Energy Problem of the 21st Century.” Procedia Computer Science 91 (2016): 873–881 © 2016 The Author(s) https://orcid.org/0000-0002-2441-6751 https://orcid.org/0000-0003-2776-4900 http://dx.doi.org/10.1016/J.PROCS.2016.07.105 Procedia Computer Science Creative Commons Attribution-NonCommercial-NoDerivs License http://creativecommons.org/licenses/by-nc-nd/4.0/ application/pdf Elsevier Elsevier
spellingShingle Roginskiy, Leonid A.
Larson, Richard Charles
Belenky, Alexander S.
Storing Electricity in a Country's Electrical Grid as a Key Energy Problem of the 21st Century
title Storing Electricity in a Country's Electrical Grid as a Key Energy Problem of the 21st Century
title_full Storing Electricity in a Country's Electrical Grid as a Key Energy Problem of the 21st Century
title_fullStr Storing Electricity in a Country's Electrical Grid as a Key Energy Problem of the 21st Century
title_full_unstemmed Storing Electricity in a Country's Electrical Grid as a Key Energy Problem of the 21st Century
title_short Storing Electricity in a Country's Electrical Grid as a Key Energy Problem of the 21st Century
title_sort storing electricity in a country s electrical grid as a key energy problem of the 21st century
url http://hdl.handle.net/1721.1/115369
https://orcid.org/0000-0002-2441-6751
https://orcid.org/0000-0003-2776-4900
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AT belenkyalexanders storingelectricityinacountryselectricalgridasakeyenergyproblemofthe21stcentury