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Article
Energy & Fuels
Xichen Fang et al.
Summary: This paper discusses the limitations of the current market mechanism for the participation of energy storage systems (ESS) and proposes a new bidding structure, clearing model, and settlement rule to incentivize honest behavior from ESS.
Article
Energy & Fuels
Aldo Saavedra et al.
Summary: This study proposes a framework and mathematical model for demand response based on flexibility bands, aiming to achieve scalability and coordination. The interaction between the demand aggregator and end-users allows for local decision-making by the users while enabling communication and control by the aggregator.
Article
Energy & Fuels
Joachim Seel et al.
Summary: PV-battery hybrid projects dominate interconnection queues in some regions in the United States. But few largescale projects have been in use long enough to assess how the hybrid capabilities may be used in practice and the existing literature scantly discusses observed operational strategies. We interview plant operators and analyze empirical dispatch data for eleven large-scale PV-battery hybrids in three organized wholesale markets in the United States. We estimate the market value of our sample hybrids in 2020. The empirical increase in market value of a PV-battery hybrid relative to a standalone PV plant varies by project and ranges from $1 to $48/MWh solar, often aided by a large boost in capacity value. This premium is driven by market, location, technical characteristics of the PV and battery asset, and battery dispatch strategies. In contrast to the widespread assumptions in the PV-battery hybrid modeling literature, only three of the eleven project operators optimize battery usage for wholesale market revenue as merchant plants. Instead, load-serving entities target peak load reductions, incentive program participants focus on compliance with program requirements, and large energy consumers prioritize resiliency and utility bill minimization. These alternative business models can result in high revenues for the project operators, but do not optimize the storage dispatch from a grid perspective. Understanding real-world dispatch signals and aligning them closer with system-wide grid needs will be important for electric grid operators and system planners, and can increase the market value of PV-battery hybrids.
ADVANCES IN APPLIED ENERGY
(2022)
Article
Energy & Fuels
Changming Chen et al.
Summary: The proposed model aims to reduce the operating cost, renewable energy curtailment, and carbon emission of park-level integrated energy system by considering generalized energy storages.
Article
Engineering, Electrical & Electronic
Shuai Fan et al.
Summary: This paper proposes a Lyapunov optimization-based online distributed algorithmic framework for active distribution networks with numerous photovoltaic inverters and inverter air conditionings. The method minimizes social utility loss and ensures voltage security while tracking optimal solutions in fast-changing environments, demonstrating high computational and economic efficiency.
IEEE TRANSACTIONS ON SMART GRID
(2021)
Article
Green & Sustainable Science & Technology
Nayara Aguiar et al.
Summary: This study proposes an insurance contract to compensate energy storage systems for providing flexibility and incentivize higher renewable participation in the electricity mix. The contract encourages renewable producers to bid higher and provides an additional source of revenue for storage owners.
IEEE TRANSACTIONS ON SUSTAINABLE ENERGY
(2021)
Article
Energy & Fuels
Qiang Zhang et al.
Summary: The molten salt solar power tower station can effectively compensate for the instability of solar energy, and operating control strategies are crucial for its peak-regulating mode. Research shows that the temperature control of the receiver and water level control of the power cycle system have good robustness under different operating conditions, stabilizing the system's performance.
Article
Chemistry, Physical
Wesley J. Cole et al.
Summary: The study suggests that achieving 100% renewable energy in the contiguous United States may require slightly higher CO2 abatement costs, especially as the system approaches full renewable penetration. Additionally, sensitivity analysis under different conditions highlights the importance of considering various factors such as technology development, compliance requirements, and transmission availability.
Article
Energy & Fuels
Anna H. Schleifer et al.
Summary: This study explores the evolution of value in hybrid systems of solar photovoltaics and lithium-ion battery storage. Results show that as PV penetration increases, different architectures begin to converge in terms of energy and capacity values, with varying benefit-cost ratios in different regions and years.
ADVANCES IN APPLIED ENERGY
(2021)
Article
Energy & Fuels
Edoardo Corsetti et al.
Summary: This work introduces a novel modeling framework and optimization methodology for short-term operational planning in deploying multi-energy system flexibility, specifically in district energy systems and participation in energy and frequency control ancillary services (FCAS). The proposed flexibility framework, based on the multi-energy lattice concept, enables a clear description and quantification of how flexibility arises from energy balancing, optimizing contributions across multiple energy layers for business case purposes.
ADVANCES IN APPLIED ENERGY
(2021)
Article
Energy & Fuels
Jucheng Xiao et al.
Article
Energy & Fuels
Jie Ding et al.
Article
Energy & Fuels
Jucheng Xiao et al.
Article
Engineering, Electrical & Electronic
Qisheng Huang et al.
IEEE TRANSACTIONS ON POWER SYSTEMS
(2018)
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Engineering, Electrical & Electronic
Hongxing Ye et al.
IEEE TRANSACTIONS ON POWER SYSTEMS
(2017)
Article
Engineering, Electrical & Electronic
Adam B. Birchfield et al.
IEEE TRANSACTIONS ON POWER SYSTEMS
(2017)
Review
Green & Sustainable Science & Technology
Manasseh Obi et al.
RENEWABLE & SUSTAINABLE ENERGY REVIEWS
(2016)
Article
Engineering, Electrical & Electronic
Wayes Tushar et al.
IEEE TRANSACTIONS ON SMART GRID
(2016)
Article
Energy & Fuels
Yael Parag et al.
Article
Engineering, Electrical & Electronic
Joshua A. Taylor
IEEE TRANSACTIONS ON POWER SYSTEMS
(2015)
Article
Economics
Paul Milgrom et al.
JOURNAL OF ECONOMIC THEORY
(2009)
Article
Engineering, Electrical & Electronic
Jianhui Wang et al.
IEEE TRANSACTIONS ON POWER SYSTEMS
(2008)
Article
Engineering, Electrical & Electronic
Fangxing Li
IEEE TRANSACTIONS ON POWER SYSTEMS
(2007)
Article
Energy & Fuels
JP Barton et al.
IEEE TRANSACTIONS ON ENERGY CONVERSION
(2004)
