NDLI: Joint Optimization of Hybrid Energy Storage and Generation Capacity With Renewable Energy

Content Provider	IEEE Xplore Digital Library
Author	Peng Yang Nehorai, A.
Copyright Year	2010
Abstract	In an isolated power grid or a micro-grid with a small carbon footprint, the penetration of renewable energy is usually high. In such power grids, energy storage is important to guarantee an uninterrupted and stable power supply for end users. Different types of energy storage have different characteristics, including their round-trip efficiency, power and energy rating, self-discharge, and investment and maintenance costs. In addition, the load characteristics and availability of different types of renewable energy sources vary in different geographic regions and at different times of year. Therefore joint capacity optimization for multiple types of energy storage and generation is important when designing this type of power systems. In this paper, we formulate a cost minimization problem for storage and generation planning, considering both the initial investment cost and operational/maintenance cost, and propose a distributed optimization framework to overcome the difficulty brought about by the large size of the optimization problem. The results will help in making decisions on energy storage and generation capacity planning in future decentralized power grids with high renewable penetrations.
Starting Page	1566
Ending Page	1574
Page Count	9
File Size	1781459
File Format	PDF
ISSN	19493053
Volume Number	5
Issue Number	4
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2014-01-01
Publisher Place	U.S.A.
Access Restriction	One Nation One Subscription (ONOS)
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Energy storage Generators Optimization Renewable energy sources Planning Investment Maintenance engineering renewable energy sources Capacity planning distributed optimization energy storage micro-grid
Content Type	Text
Resource Type	Article
Subject	Computer Science

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
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3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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