Optimal sizing of energy storage systems under uncertain demand and generation. (1st September 2018)
- Record Type:
- Journal Article
- Title:
- Optimal sizing of energy storage systems under uncertain demand and generation. (1st September 2018)
- Main Title:
- Optimal sizing of energy storage systems under uncertain demand and generation
- Authors:
- Bucciarelli, Martina
Paoletti, Simone
Vicino, Antonio - Abstract:
- Highlights: A practical problem tackled mathematically with focus on computational aspects. Sizing of energy storage systems installed in a distribution network. Uncertainty taken into account via a stochastic programming formulation. A computationally hard scenario-based problem solved via a decomposition approach. A metric for scenario reduction exploiting the problem structure proposed. Abstract: Energy storage systems have been recently recognized as an effective solution to tackle power imbalances and voltage violations faced by distribution system operators due to the increasing penetration of low carbon technologies. To fully exploit their benefits, optimal sizing of these devices is a key problem at the planning stage. This paper considers the sizing problem of the energy storage systems installed in a distribution network with the aim, e.g., of preventing over- and undervoltages. In order to accommodate uncertainty on future realizations of demand and generation, the optimal sizing problem is formulated in a two-stage stochastic framework, where the first stage decision involves the storage sizes, while the second stage problem provides the optimal storage control policy for given demand and generation profiles. By taking a scenario-based approach, the two-stage problem is approximated in the form of a single multi-scenario, multi-period optimal power flow, whose size, however, becomes computationally intractable as the number of scenarios grows. To overcome thisHighlights: A practical problem tackled mathematically with focus on computational aspects. Sizing of energy storage systems installed in a distribution network. Uncertainty taken into account via a stochastic programming formulation. A computationally hard scenario-based problem solved via a decomposition approach. A metric for scenario reduction exploiting the problem structure proposed. Abstract: Energy storage systems have been recently recognized as an effective solution to tackle power imbalances and voltage violations faced by distribution system operators due to the increasing penetration of low carbon technologies. To fully exploit their benefits, optimal sizing of these devices is a key problem at the planning stage. This paper considers the sizing problem of the energy storage systems installed in a distribution network with the aim, e.g., of preventing over- and undervoltages. In order to accommodate uncertainty on future realizations of demand and generation, the optimal sizing problem is formulated in a two-stage stochastic framework, where the first stage decision involves the storage sizes, while the second stage problem provides the optimal storage control policy for given demand and generation profiles. By taking a scenario-based approach, the two-stage problem is approximated in the form of a single multi-scenario, multi-period optimal power flow, whose size, however, becomes computationally intractable as the number of scenarios grows. To overcome this issue, the paper presents a procedure to compute upper- and lower bounds to the optimal cost of the approximate problem. Moreover, when the objective is to minimize the total installed storage capacity, an iterative algorithm based on scenario reduction is proposed, which converges to the optimal solution of the approximate problem. The whole procedure is tested on the topology of the IEEE 37-bus test network, considering scenarios of demand and generation which feature over- and undervoltages in the absence of storage devices. … (more)
- Is Part Of:
- Applied energy. Volume 225(2018)
- Journal:
- Applied energy
- Issue:
- Volume 225(2018)
- Issue Display:
- Volume 225, Issue 2018 (2018)
- Year:
- 2018
- Volume:
- 225
- Issue:
- 2018
- Issue Sort Value:
- 2018-0225-2018-0000
- Page Start:
- 611
- Page End:
- 621
- Publication Date:
- 2018-09-01
- Subjects:
- Energy storage sizing -- Distribution network -- Optimal power flow -- Scenario reduction -- Two-stage stochastic programming
Power (Mechanics) -- Periodicals
Energy conservation -- Periodicals
Energy conversion -- Periodicals
621.042 - Journal URLs:
- http://www.sciencedirect.com/science/journal/03062619 ↗
http://www.elsevier.com/journals ↗ - DOI:
- 10.1016/j.apenergy.2018.03.153 ↗
- Languages:
- English
- ISSNs:
- 0306-2619
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 1572.300000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 23128.xml