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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Bibliographic Details
Published in:	TheScientificWorld Vol. 2014; no. 2014; pp. 1 - 9
Main Authors:	Yoon, Yourim, Kim, Yong-Hyuk
Format:	Journal Article
Language:	English
Published:	Cairo, Egypt Hindawi Publishing Corporation 01.01.2014 John Wiley & Sons, Inc Wiley
Subjects:	Algorithms Alternative energy sources Computer Simulation Conservation of Energy Resources - economics Costs and Cost Analysis - methods Dynamic programming Electric Power Supplies - economics Electric utilities Electricity Energy policy Energy storage Fee Schedules Genetic algorithms Methods Pricing policies Renewable energy Scheduling (Management) Time Factors
ISSN:	2356-6140, 1537-744X, 1537-744X
Online Access:	Get full text
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