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Optimal Sizing and Siting of Electrical Energy Storage Devices for Smart Grids Considering Time-of-Use Programs

Title
Optimal Sizing and Siting of Electrical Energy Storage Devices for Smart Grids Considering Time-of-Use Programs
Type
Article in International Conference Proceedings Book
Year
2019
Authors
Mohammad Sadegh Javadi
(Author)
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Kimia Firuzi
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Maedeh Rezanejad
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Mohamed Lotfi
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Matthew Gough
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Authenticus ID: P-00R-R6H
Abstract (EN): This paper focuses on the long-term planning of power systems considering the impacts of Electrical Energy Storage Devices (ESSD) as well as Demand Response Programs (DRPs). The proposed model incorporates a two-stage optimization strategy in order to reduce the computational burden of the nonlinear problem. The upper-level of optimization model includes investment decision variables (long-term planning) while in the lower-level, the optimal operation of the model for short-term horizon has been addressed. In the operational stage, the optimal scheduling of power system in the presence of suggested ESSD size and location from the upper level is evaluated. Moreover, the Time-of-Use (ToU) Demand Response (DR) pricing scheme has been applied in the operational stage to evaluate its capability to reduce the total operating costs. The simulation results on the standard 6-bus test system validates the applicability of the proposed two-stage optimization model and illustrates that the optimal sizing and location of ESSDs along with DRP implementation could effectively reduce the total systems costs and improve the power system load factor.
Language: English
Type (Professor's evaluation): Scientific
No. of pages: 6
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