Operation Strategies of the Load Aggregator with Electric Energy Storage Conference Paper

abstract

• Today in competitive power markets, with higher level of penetration of variable renewable energy resources, electric energy price becomes more volatile and uncertain. The integration of distributed generation into the distribution systems makes the load more volatile. It becomes more challenging for load aggregators to manage energy purchasing cost facing the higher price and load uncertainties. With the rapid development of Electric Energy Storage (EES), operation for load aggregator is more flexible. Within this context, this paper investigates the operation strategies for the load aggregator to manage electric energy cost by utilizing EES. A novel Model Predictive Control (MPC)-based operation strategy is proposed. An operation strategy without EES and an operation strategy with EES are also discussed and studied for comparison. Case studies demonstrate the benefits of utilizing EES and the better performance of the proposed MPC-based operation strategy. 2012 IEEE.

name of conference

• 2012 IEEE International Conference on Power System Technology (POWERCON)

authors

• Singh, Chanan

published proceedings

• 2012 IEEE INTERNATIONAL CONFERENCE ON POWER SYSTEM TECHNOLOGY (POWERCON)

author list (cited authors)

• Xu, Y., & Singh, C.

citation count

• 11

complete list of authors

• Xu, Yixing||Singh, Chanan

publication date

• October 2012

publisher

• Institute of Electrical and Electronics Engineers (IEEE)  Publisher

keywords

• Electric Energy Storage
• Energy Cost Management
• Load Aggregator
• Model Predictive Control
• Power Market
• Price And Load Uncertainties

Digital Object Identifier (DOI)

• 10.1109/powercon.2012.6401254

International Standard Book Number (ISBN) 13

• 9781467328685

start page

• 1

end page

• 6

URL

• http%3A%2F%2Fdx.doi.org%2F10.1109%2Fpowercon.2012.6401254

user-defined tag

• 13 Climate Action
• 7 Affordable and Clean Energy