Assessing the potential of merchant energy storage to maximize social welfare of renewable-based distribution networks considering risk analysis

• Published in: Electric power systems research Vol. 188; p. 106522
• Main Authors: Abdolahi, Arya, Salehi, Javad, Gazijahani, Farhad Samadi, Safari, Amin
• Format: Journal Article
• Language: English
• Published: Amsterdam Elsevier B.V 01.11.2020; Elsevier Science Ltd
• Subjects: Alternative energy; Congestion; Congestion management; Constraints; Electric industries; Electricity distribution; Energy storage; Reconfiguration; Renewable energy; Renewable resources; Risk analysis; Studies; Uncertainty; Congestion management; Renewable energy; Risk analysis; Energy storage

•An energy arbitrage strategy is proposed to alleviate the congestion of distribution systems.•The problem is formulated to maximize the social welfare pf whole system.•The stochastic programming is developed to cope with the uncertainty.•A risk measure is utilized to hedge the system against the ri...