Dynamic optimal allocation of energy storage systems integrated within photovoltaic based on a dual timescale dynamics model

Autor: Kecun Li, Zhenyu Huang, Youbo Liu, Yaser Qudaih, Junyong Liu
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Global Energy Interconnection, Vol 7, Iss 4, Pp 415-428 (2024)
Druh dokumentu: article
ISSN: 2096-5117
DOI: 10.1016/j.gloei.2024.08.005
Popis: Energy storage systems (ESSs) operate as independent market participants and collaborate with photovoltaic (PV) generation units to enhance the flexible power supply capabilities of PV units. However, the dynamic variations in the profitability of ESSs in the electricity market are yet to be fully understood. This study introduces a dual-timescale dynamics model that integrates a spot market clearing (SMC) model into a system dynamics (SD) model to investigate the profit-aware capacity growth of ESSs and compares the profitability of independent energy storage systems (IESSs) with that of an ESS integrated within a PV (PV-ESS). Furthermore, this study aims to ascertain the optimal allocation of the PV-ESS. First, SD and SMC models were set up. Second, the SMC model simulated on an hourly timescale was incorporated into the SD model as a subsystem, a dual-timescale model was constructed. Finally, a development simulation and profitability analysis was conducted from 2022 to 2040 to reveal the dynamic optimal range of PV-ESS allocation. Additionally, negative electricity prices were considered during clearing processes. The simulation results revealed differences in profitability and capacity growth between IESS and PV-ESS, helping grid investors and policymakers to determine the boundaries of ESSs and dynamic optimal allocation of PV-ESSs.
Databáze: Directory of Open Access Journals