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Energy management for stationary electric energy storage systems: A systematic literature review

Timm Weitzel and Christoph H. Glock

European Journal of Operational Research, 2018, vol. 264, issue 2, 582-606

Abstract: Electric Energy Storage Systems (EESS) have received an increased attention in recent years due to their important role in an active management of energy supply systems. Fueled by the increasing shares of intermittent Renewable Energy Sources (RES) in today's energy supply, balancing energy demand and energy supply over time becomes more and more challenging. EESS are recognized as a key technology to overcome this challenge by storing energy and converting it back when needed. Even though some EESS solutions are already available on the market, EESS suffer from technical limitations and entail high investment costs. Energy management is responsible for managing the operations of EESS and the interactions with the surrounding systems. An optimal energy management is an important precondition to ensure economic viability of EESS.

Keywords: OR in energy; Electric Energy Storage Systems; Energy management; Optimal policy; Optimal strategy; Optimal scheduling; Solution techniques; Literature review (search for similar items in EconPapers)
Date: 2018
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European Journal of Operational Research is currently edited by Roman Slowinski, Jesus Artalejo, Jean-Charles. Billaut, Robert Dyson and Lorenzo Peccati

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Handle: RePEc:eee:ejores:v:264:y:2018:i:2:p:582-606