Research on Optimal Configuration and Economic Evaluation of User-Side Energy Storage

Yifan Ding () and Binbin Wang ()
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Yifan Ding: State Grid Energy Research Institute, State Grid Corporation of China
Binbin Wang: State Grid Energy Research Institute, State Grid Corporation of China

A chapter in Proceedings of the 2023 4th International Conference on Management Science and Engineering Management (ICMSEM 2023), 2024, pp 1137-1148 from Springer

Abstract: Abstract The user-side energy storage plays an increasingly important role in the development of the power grid. This paper focuses on the user-side energy storage configuration strategy and the economic evaluation of energy storage projects. The optimal model of the user-side photovoltaic energy storage system is established in this paper, with the solution of the particle swarm optimization algorithm. The results illustrate that configuration of the user-side energy storage system has good economy when the electricity price has obvious peak-valley difference.

Keywords: user-side; energy storage; economy; particle swarm optimization (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-256-9_114

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DOI: 10.2991/978-94-6463-256-9_114

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