LAPSE:2019.1470
Published Article
LAPSE:2019.1470
Robust Operation of Energy Storage System with Uncertain Load Profiles
Jangkyum Kim, Yohwan Choi, Seunghyoung Ryu, Hongseok Kim
December 10, 2019
In this paper, we propose novel techniques to reduce total cost and peak load of factories from a customer point of view. We control energy storage system (ESS) to minimize the total electricity bill under the Korea commercial and industrial (KCI) tariff, which both considers peak load and time of use (ToU). Under the KCI tariff, the average peak load, which is the maximum among all average power consumptions measured every 15 min for the past 12 months, determines the monthly base cost, and thus peak load control is extremely critical. We aim to leverage ESS for both peak load reduction based on load prediction as well as energy arbitrage exploiting ToU. However, load prediction inevitably has uncertainty, which makes ESS operation challenging with KCI tariff. To tackle it, we apply robust optimization to minimize risk in a real environment. Our approach significantly reduces the peak load by 49.9% and the total cost by 10.8% compared to the case that does not consider load uncertainty. In doing this we also consider battery degradation cost and validate the practical use of the proposed techniques.
Keywords
battery wear-out cost, energy storage system (ESS), load uncertainty, peak load control, robust optimization
Suggested Citation
Kim J, Choi Y, Ryu S, Kim H. Robust Operation of Energy Storage System with Uncertain Load Profiles. (2019). LAPSE:2019.1470
Author Affiliations
Kim J: Department of Electronic Engineering, Sogang University, 35 Baekbeom-ro, Mapo-gu, Seoul 121-742, Korea
Choi Y: Department of Electronic Engineering, Sogang University, 35 Baekbeom-ro, Mapo-gu, Seoul 121-742, Korea
Ryu S: Department of Electronic Engineering, Sogang University, 35 Baekbeom-ro, Mapo-gu, Seoul 121-742, Korea
Kim H: Department of Electronic Engineering, Sogang University, 35 Baekbeom-ro, Mapo-gu, Seoul 121-742, Korea [ORCID]
[Login] to see author email addresses.
Journal Name
Energies
Volume
10
Issue
4
Article Number
E416
Year
2017
Publication Date
2017-03-23
Published Version
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en10040416, Publication Type: Journal Article
Record Map
Published Article

LAPSE:2019.1470
This Record
External Link

doi:10.3390/en10040416
Publisher Version
Download
Files
[Download 1v1.pdf] (2.9 MB)
Dec 10, 2019
Main Article
License
CC BY 4.0
Meta
Record Statistics
Record Views
415
Version History
[v1] (Original Submission)
Dec 10, 2019
 
Verified by curator on
Dec 10, 2019
This Version Number
v1
Citations
Most Recent
This Version
URL Here
https://psecommunity.org/LAPSE:2019.1470
 
Original Submitter
Calvin Tsay
Links to Related Works
Directly Related to This Work
Publisher Version