Design of a multi-period coupled dispatching model for peak shaving market with the participation of energy storage considering power limitation

Mingyuan Chen; Ling LI; Jisong Zhu; Lanfen Cheng; Le QI; Yanjie Liang; Chaoyi Peng; Qi Zou

doi:10.1117/12.3004556

25 September 2023 Design of a multi-period coupled dispatching model for peak shaving market with the participation of energy storage considering power limitation

Mingyuan Chen, Ling LI, Jisong Zhu, Lanfen Cheng, Le QI, Yanjie Liang, Chaoyi Peng, Qi Zou

Author Affiliations +

Proceedings Volume 12788, Second International Conference on Energy, Power, and Electrical Technology (ICEPET 2023); 127880Q (2023) https://doi.org/10.1117/12.3004556
Event: Second International Conference on Energy, Power, and Electrical Technology (ICEPET 2023), 2023, Kuala Lumpur, Malaysia

Abstract

With the rapid development of new power systems, energy storage, as an important flexible resource, needs to play an important role in the power market. As a power-limited resource, a reasonable dispatching model need to be built for energy storage. In this paper, the methods of energy storage participating in peak shaving market and their advantages and disadvantages are analyzed. A dispatching model considering multi-period coupling of energy storage participating in peak shaving market is constructed. Finally, an example is given to verify the beneficial effect of the model on the economy and safety of the system.

(2023) Published by SPIE. Downloading of the abstract is permitted for personal use only.

Citation Download Citation

Mingyuan Chen, Ling LI, Jisong Zhu, Lanfen Cheng, Le QI, Yanjie Liang, Chaoyi Peng, and Qi Zou "Design of a multi-period coupled dispatching model for peak shaving market with the participation of energy storage considering power limitation", Proc. SPIE 12788, Second International Conference on Energy, Power, and Electrical Technology (ICEPET 2023), 127880Q (25 September 2023); https://doi.org/10.1117/12.3004556

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