LAPSE:2023.32742
Published Article
LAPSE:2023.32742
Sizing and Management of Energy Storage Systems in Large-Scale Power Plants Using Price Control and Artificial Intelligence
April 20, 2023
Energy storage systems are expected to play a fundamental part in the integration of increasing renewable energy sources into the electric system. They are already used in power plants for different purposes, such as absorbing the effect of intermittent energy sources or providing ancillary services. For this reason, it is imperative to research managing and sizing methods that make power plants with storage viable and profitable projects. In this paper, a managing method is presented, where particle swarm optimisation is used to reach maximum profits. This method is compared to expert systems, proving that the former achieves better results, while respecting similar rules. The paper further presents a sizing method which uses the previous one to make the power plant as profitable as possible. Finally, both methods are tested through simulations to show their potential.
Keywords
arbitrage, Batteries, day-ahead market, Energy Storage, particle swarm optimisation, power system management, supply and demand
Suggested Citation
García-Santacruz C, Galván L, Carrasco JM, Galván E. Sizing and Management of Energy Storage Systems in Large-Scale Power Plants Using Price Control and Artificial Intelligence. (2023). LAPSE:2023.32742
Author Affiliations
García-Santacruz C: Electronical Engineering Department, University of Seville, 41092 Seville, Spain [ORCID]
Galván L: Electronical Engineering Department, University of Seville, 41092 Seville, Spain [ORCID]
Carrasco JM: Electronical Engineering Department, University of Seville, 41092 Seville, Spain [ORCID]
Galván E: Electronical Engineering Department, University of Seville, 41092 Seville, Spain [ORCID]
Journal Name
Energies
Volume
14
Issue
11
First Page
3296
Year
2021
Publication Date
2021-06-04
Published Version
ISSN
1996-1073
Version Comments
Original Submission
Other Meta
PII: en14113296, Publication Type: Journal Article
Record Map
Published Article

LAPSE:2023.32742
This Record
External Link

doi:10.3390/en14113296
Publisher Version
Download
Files
[Download 1v1.pdf] (623 kB)
Apr 20, 2023
Main Article
License
CC BY 4.0
Meta
Record Statistics
Record Views
122
Version History
[v1] (Original Submission)
Apr 20, 2023
 
Verified by curator on
Apr 20, 2023
This Version Number
v1
Citations
Most Recent
This Version
URL Here
https://psecommunity.org/LAPSE:2023.32742
 
Original Submitter
Auto Uploader for LAPSE
Links to Related Works
Directly Related to This Work
Publisher Version