Impact of Energy Storage on Economic Dispatch of Distribution Systems: A Multi-Parametric Linear Programming Approach and its Implications

As a main flexible resource, energy storage helps smooth the volatility of renewable generation and reshape the load profile. This paper aims to characterize the impact of energy storage unit on the economic operation of distribution systems in a geometric manner that is convenient for visualization...

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Bibliographic Details
Published in:IEEE open access journal of power and energy Vol. 7; pp. 243 - 253
Main Authors: Wei, Wei, Wu, Danman, Wang, Zhaojian, Mei, Shengwei, Catalao, Joao P. S.
Format: Journal Article
Language:English
Published: New York IEEE 2020
The Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subjects:
Algorithms
Distribution system
Economics
Energy storage
energy storage unit
Impact analysis
Linear functions
Linear programming
multi-parametric programming
optimal value function approximation
Optimization
Planning
Power dispatch
Stochastic processes
Storage units
Uncertainty
ISSN:2687-7910, 2687-7910, 2644-1314
Online Access:Get full text
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