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Shared community energy storage allocation and optimization
Applied Energy, 2022Jatin Nathwani +2 more
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Privacy-Preserving Energy Storage Sharing with Blockchain
Proceedings of the Twelfth ACM International Conference on Future Energy Systems, 2021Energy storage provides an effective way of shifting temporal energy demands and supplies, enabling significant cost reduction under dynamic energy pricing. Despite its promising benefits, the cost of present energy storage remains expensive, presenting a major obstacle to practical deployment. A more viable solution to improve cost-effectiveness is by
Nan Wang 0028 +2 more
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Cost Minimization Energy Storage Sharing Management
2019 IEEE International Conference on Communications, Control, and Computing Technologies for Smart Grids (SmartGridComm), 2019In this paper, energy storage sharing among a group of households with integrated renewable generations in a grid-connected microgrid is studied. In such a microgrid, a shared energy storage management (SESM) system is operated by an aggregator aiming to minimize the long term time-averaged costs of all households, by jointly taking into account the ...
Hailing Zhu, Khmaies Ouahada
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Energy Storage Sharing Mechanism Based on Blockchain
2020 IEEE 3rd Student Conference on Electrical Machines and Systems (SCEMS), 2020The increasing penetration of renewable energy and its inherent uncertainty necessitate the development of energy storage in the power system. Currently, the value of energy storage is still not fully unlocked because of 1) misallocation between the energy storage demands and resources, 2) lack of an energy storage sharing mechanism. To solve the above
Bohang Luo, Xiangyu Shen, Jian Ping
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Stochastic games of end-user energy storage sharing
2016 IEEE 55th Conference on Decision and Control (CDC), 2016Deregulated electricity markets with time varying electricity prices and opportunities for consumer cost mitigation makes energy storage such as a battery an attractive proposition; users can charge the battery when prices are low and discharge the battery for activities when prices are high.
Jiyun Yao, Parv Venkitasubramaniam
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IoT-Based Energy Sharing Model for Sizing Storage Systems in Energy Communities
2020 6th IEEE International Energy Conference (ENERGYCon), 2020In recent years, the exploitation of weather-dependent renewable energy sources, available at distributed local sites, has led to the increased volatility of electrical energy supply. In order to compensate for the intermittent nature of renewable energy sources and remedy to possible imbalance problems on the national grids, the users of the ...
Giordano A +3 more
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Distributed Energy Management of P2P Energy Sharing in Energy Internet Based on Cloud Energy Storage
Proceedings of the Ninth International Conference on Future Energy Systems, 2018Cloud energy storage (CES) has recently been proposed as one of the most economic saving techniques for peer-to-peer (P2P) energy sharing and coordination in energy internet. By transforming traditional consumers into self-sufficient customers and utility customers, CES enables transactions between customers and utility company, as well as among ...
Yanglin Zhou +4 more
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Pricing-based energy storage sharing and virtual capacity allocation
2017 IEEE International Conference on Communications (ICC), 2017This paper develops a novel business model to enable virtual storage sharing among a group of users. Specifically, an aggregator owns a central physical storage unit and virtualizes the physical storage into separable virtual storage capacities that can be sold to users.
Dongwei Zhao +3 more
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Active Demand Response Using Shared Energy Storage for Household Energy Management
IEEE Transactions on Smart Grid, 2013In a deregulated market, wholesale energy costs and distribution investment costs contribute significantly to consumers' electricity bills. However, in a low carbon electrical power system, the two cost pressure points may not be synchronous in time and space with each other.
Zhimin Wang +4 more
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Demand response for aggregated residential consumers with energy storage sharing
2015 54th IEEE Conference on Decision and Control (CDC), 2015A novel distributed algorithm is proposed in this paper for a network of consumers coupled by energy resource sharing constraints, which aims at minimizing the aggregated electricity costs. Each consumers is equipped with an energy management system that schedules the shiftable loads accounting for user preferences, while an aggregator entity ...
Kaveh Paridari +3 more
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