Optimal Management and Sizing of Energy Storage Under Dynamic Pricing for the Efficient Integration of Renewable Energy

We address the optimal energy storage management and sizing problem in the presence of renewable energy and dynamic pricing associated with electricity from the grid. We formulate the problem as a stochastic dynamic program that aims to minimize the long-run average cost of electricity used and inve...

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Vydané v:	IEEE transactions on power systems Ročník 30; číslo 3; s. 1164 - 1181
Hlavní autori:	Harsha, Pavithra, Dahleh, Munther
Médium:	Journal Article
Jazyk:	English
Vydavateľské údaje:	IEEE 01.05.2015
Predmet:	Dynamic programming/optimal control Electricity Energy storage Equations infinite horizon Investment management operations Pricing renewable energy Renewable energy sources Storage management
ISSN:	0885-8950, 1558-0679
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