Addressing the Peak Power Problem Through Thermal Energy Storage

Wesley Cole (), JongSuk Kim (), Kriti Kapoor () and Thomas Edgar ()
Additional contact information
Wesley Cole: University of Texas
JongSuk Kim: University of Texas
Kriti Kapoor: University of Texas
Thomas Edgar: University of Texas

Chapter 14 in Case Studies in Operations Research, 2015, pp 337-353 from Springer

Abstract: Abstract In the United States, the electrical power grid is divided into three primary regions: the Western Interconnection, the Eastern Interconnection, and the Texas Interconnection. Each of these regions struggles with peak power issues, but this case study will focus on the Texas Interconnection, which is operated by the Electricity Reliability Council of Texas (ERCOT).This chapter discusses the opportunity to shift one of the largest electricity loads (air-conditioning) from the expensive aftrenoon peak to the cheaper nighttime hours using Thermal Energy Storage (TES), which is used for storing “cooling” in the form of chilled wate, and outlines a model for finding an optimal design for it.

Keywords: Cash Flow; Electricity Price; Sequential Quadratic Programming; Payback Period; Thermal Energy Storage (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4939-1007-6_14

Ordering information: This item can be ordered from
http://www.springer.com/9781493910076

DOI: 10.1007/978-1-4939-1007-6_14

Access Statistics for this chapter

More chapters in International Series in Operations Research & Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().