Conference paper
Economic Dispatch of Electric Energy Storage with Multi-service Provision
This paper develops a generic optimization model that explores the difficulty met by Electric Energy Storage (EES) systems when economic dispatch for multiple-service provision is requested. Such a model is further used to investigate the economic performance of an EES system which meets the 10-minute balancing requirement and hourly load shifting opportunities in the Western Electricity Coordinating Council (WECC) area for a 2030 load scenario.
Piecewise linear equations are used to represent the cost function of varying load. The results show that when EES is economically dispatched, to achieve multiple value streams could result in more saving than to provide single service.
Language: | English |
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Publisher: | IEEE |
Year: | 2011 |
Pages: | 525-531 |
Proceedings: | The 9. International Power and Energy Conference |
ISBN: | 1424473993 , 9781424473991 , 1424473977 , 1424473985 , 9781424473977 and 9781424473984 |
ISSN: | 19471270 and 19471262 |
Types: | Conference paper |
DOI: | 10.1109/IPECON.2010.5697052 |
ORCIDs: | You, Shi , Træholt, Chresten and Poulsen, Bjarne |