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Charge Scheduling of an Energy Storage System under Time-of-Use Pricing and a Demand Charge

A real-coded genetic algorithm is used to schedule the charging of an energy storage system (ESS), operated in tandem with renewable power by an electricity consumer who is subject to time-of-use pricing and a demand charge. Simulations based on load and generation profiles of typical residential cu...

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Detalles Bibliográficos
Autores principales: Yoon, Yourim, Kim, Yong-Hyuk
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Hindawi Publishing Corporation 2014
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4147358/
https://www.ncbi.nlm.nih.gov/pubmed/25197720
http://dx.doi.org/10.1155/2014/937329
Descripción
Sumario:A real-coded genetic algorithm is used to schedule the charging of an energy storage system (ESS), operated in tandem with renewable power by an electricity consumer who is subject to time-of-use pricing and a demand charge. Simulations based on load and generation profiles of typical residential customers show that an ESS scheduled by our algorithm can reduce electricity costs by approximately 17%, compared to a system without an ESS and by 8% compared to a scheduling algorithm based on net power.