Journal
2015 IEEE EINDHOVEN POWERTECH
Volume -, Issue -, Pages -Publisher
IEEE
Keywords
battery; energy storage; generation scheduling; optimization
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Modeling of non-utility facility with generation and battery storage is presented. The operation strategy for nonutility facility is determined by solving a daily generation scheduling problem under a price-taking scheme. Numerical simulations are performed under various scenarios. It is shown that the optimal strategy is complex when either fuel supply is limited or electric utility allows buy-back option for non-utility facility. The impacts of price and load variations on the complexity of solutions are investigated. The sizing of battery storage device is also examined.
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