Paper Info
Title
A mixed-mode management system for grid scale energy storage units
Abstract
Grid scale storage offers valuable benefits for economic and reliable operation of the grid. To justify expensive capital cost of this new technology, it is desirable to increase the revenue stream for storage providers by stacking multiple applications on a single unit. In this paper, we present a mixed-mode management system for grid scale storage which can forecast day-ahead market prices, schedule the storage for participation in energy and frequency regulation markets, and provide voltage regulation service to the grid in real-time. Simulation results show the effectiveness of the proposed method in scheduling and operation of grid scale storage for multiple applications.
Year
DOI
Venue
2015
10.1109/SmartGridComm.2015.7436355
2015 IEEE International Conference on Smart Grid Communications (SmartGridComm)
Keywords
Field
DocType
Day-ahead markets,Dynamic co-optimization,Grid scale storage,Price forecast,Voltage regulation
Energy storage,Capital cost,Smart grid,Scheduling (computing),Simulation,Real-time computing,Voltage regulation,Engineering,Revenue stream,Management system,Grid,Reliability engineering
Conference
ISSN
Citations 
PageRank 
2373-6836
0
0.34
References 
Authors
2
4
Name
Order
Citations
PageRank
Babak Asghari1113.09
Rakesh Patil2122.57
Di Shi32914.69
Ratnesh K. Sharma448353.37