Type:
Conference paper
Authors:
Rudy Tjandra, Lalita Subramanian, Muhammad Imran, Erine Siew Pheng Teh, Romain Migné, Tobias Massier and Yan Xu
Published in:
Publisher:
Publication date:
November 2022
Pages:
404–408
Conference:
Conference location:
Conference dates:
01 November 2022
– 05 November 2022
Abstract:
With the increased adoption of distributed energy resources in the urban context, there is a growing potential for realization of grid-connected networked micro-grids that can facilitate the collective utilization of local energy resources. The coordination of different flexibilities in the generation and demand side, complemented by energy storage systems is required for efficient local energy management. This work discusses a study on the sizing of battery energy storage systems for optimizing the overall return on such investment on the local scale and the planning of its operation for such self-consumption and market participation use-cases. The simulation studies have been conducted based on historical wholesale electricity price data of the region.
Keywords:
Energy market, Flexibility, Storage sizing, Urban micro-grids
DOI:
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