Capacity Model and Optimal Scheduling Strategy of Multi-Microgrid Based on Shared Energy Storage

51 Pages Posted: 1 Feb 2024

See all articles by Bin Dai

Bin Dai

Guizhou University

Honglei Wang

Guizhou University

Bin Li

Zhejiang University

Chengjiang Li

University of Tasmania

Zhukui Tan

affiliation not provided to SSRN

Abstract

The large-scale use of renewable energy (RE) requires proportional investment in energy storage to solve the uncertainty of both the supply and demand sides of the power grid, which brings about the problems of high investment costs and long payback periods. This paper proposes a multi-microgrid energy storage sharing (SES) model. The SES model shapes the virtual energy storage capacity during power system operation, and the demand for energy storage capacity is reduced. A benefit distribution mechanism is developed to ensure fair income distribution among participants based on their investment proportion, promoting direct benefit interaction. A bi-level optimization method is designed to optimize the energy storage capacity and scheduling strategy simultaneously to ensure that they match each other. A non-dominated sorting equilibrium optimizer algorithm is proposed to avoid the Pareto solution set falling into local optimal and ensure the reasonable realization of the proposed benefit distribution mechanism. The results show that compared with distributed energy storage, the SES model reduces the required storage capacity of the system by 43.27% and reduces the daily investment and operation and maintenance cost by 25.98%. With the same operational performance, the SES model requires less storage capacity and 97.30% self-consumption of RE.

Keywords: Bilateral uncertainty, Shared energy storage model, Non-dominated sorting equilibrium optimizer, Energy storage capacity optimization, Renewable energy consumption rate

Suggested Citation

Dai, Bin and Wang, Honglei and Li, Bin and Li, Chengjiang and Tan, Zhukui, Capacity Model and Optimal Scheduling Strategy of Multi-Microgrid Based on Shared Energy Storage. Available at SSRN: https://ssrn.com/abstract=4712841 or http://dx.doi.org/10.2139/ssrn.4712841

Bin Dai

Guizhou University ( email )

Guizhou
China

Honglei Wang (Contact Author)

Guizhou University ( email )

Guizhou
China

Bin Li

Zhejiang University ( email )

Chengjiang Li

University of Tasmania ( email )

French Street
Sandy Bay
Tasmania, 7250
Australia

Zhukui Tan

affiliation not provided to SSRN ( email )

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
48
Abstract Views
147
PlumX Metrics