A review of optimal control methods for energy storage systems-energy trading, energy balancing and electric vehicles

R Machlev, N Zargari, NR Chowdhury, J Belikov… - Journal of Energy …, 2020 - Elsevier
This paper reviews recent works related to optimal control of energy storage systems. Based
on a contextual analysis of more than 250 recent papers we attempt to better understand …

Optimal operation of energy storage systems considering forecasts and battery degradation

K Abdulla, J De Hoog, V Muenzel… - … on Smart Grid, 2016 - ieeexplore.ieee.org
Energy storage systems have the potential to deliver value in multiple ways, and these must
be traded off against one another. An operational strategy that aims to maximize the …

Optimal operation strategy of energy storage system for grid-connected wind power plants

Z Shu, P Jirutitijaroen - IEEE Transactions on Sustainable …, 2013 - ieeexplore.ieee.org
This paper proposes an adaptive optimal policy for hourly operation of an energy storage
system (ESS) in a grid-connected wind power company. The purpose is to time shift wind …

Optimal storage scheduling using Markov decision processes

S Grillo, A Pievatolo, E Tironi - IEEE Transactions on …, 2015 - ieeexplore.ieee.org
The paper presents a method based on Markov decision processes to optimally schedule
energy storage devices in power distribution networks with renewable generation. The time …

Reliability value of distributed solar+ storage systems amidst rare weather events

J Wang, J Qin, H Zhong, R Rajagopal… - … on Smart Grid, 2018 - ieeexplore.ieee.org
Distributed energy resources have been proposed as a promising solution to make
households self-sufficient and increase power supply reliability. In this paper, we examine …

Strategic storage operation in wholesale electricity markets: A networked cournot game analysis

Q Huang, Y Xu, CA Courcoubetis - IEEE Transactions on …, 2021 - ieeexplore.ieee.org
To investigate the impact of the strategic operation of grid-level energy storage systems on
wholesale electricity markets, we study a Cournot competition model where each merchant …

A hybrid stochastic-robust optimization approach for energy storage arbitrage in day-ahead and real-time markets

A Akbari-Dibavar, K Zare, S Nojavan - Sustainable Cities and Society, 2019 - Elsevier
In recent years energy storage systems (ESSs) have been used widely in most European
and American countries because of their economic and technical benefits. One of their most …

Market mechanisms for cooperative operation of price-maker energy storage in a power network

Q Huang, Y Xu, T Wang… - IEEE Transactions on …, 2017 - ieeexplore.ieee.org
We explore the integration of large-scale, grid-level energy storage into wholesale electricity
markets. We conduct a comparative analysis on three natural market mechanisms that have …

Real-time energy management in microgrids with reduced battery capacity requirements

B Li, T Chen, X Wang… - IEEE Transactions on …, 2017 - ieeexplore.ieee.org
Energy storage units hold promise to transform the electric power industry, since they can
supply power to end customers during peak demand times, and operate as customers upon …

Optimal storage operation under demand charge

J Jin, Y Xu - IEEE Transactions on Power Systems, 2016 - ieeexplore.ieee.org
We study the optimal operation of energy storage operated by a consumer who owns
intermittent renewable generation and faces (possibly random) fluctuating electricity prices …