Probabilistic Expansion Planning of Energy Storage Systems Considering the Effect of Cycle Life

Energy storage systems (ESSs) are the key elements to improve the operation of power systems. On the other hand, these elements challenge the power system planners. The difficulties arise as a result of the ESSs’ economic and technological features. The cycle life of ESSs is a critical aspect that i...

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Bibliographic Details
Published inSustainability Vol. 15; no. 15; p. 11814
Main Authors Ebrahimi Abyaneh, Reza, Olamaei, Javad, Abedi, Seyed Mostafa
Format Journal Article
LanguageEnglish
Published Basel MDPI AG 01.08.2023
Subjects
Alternative energy sources
Analysis
Arbitrage
Costs
Energy management systems
Energy resources
Energy storage
Investment policy
Optimization techniques
Planning
Power plants
Production capacity
Profits
Renewable resources
Wind power
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Summary:Energy storage systems (ESSs) are the key elements to improve the operation of power systems. On the other hand, these elements challenge the power system planners. The difficulties arise as a result of the ESSs’ economic and technological features. The cycle life of ESSs is a critical aspect that influences the choices made during expansion planning processes. In this manuscript, we have focused on a new model for the expansion planning of ESSs considering the impacts of technical properties, such as the cycle life and depth of discharge. For this purpose, the proposed model consists of the hourly operation planning of ESSs in the sample days of year. A new indicator is proposed to determine the daily charging/discharging cycles of ESSs. The numerical results show the ability of the proposed model to determine the optimal technology and capacity of ESSs.
ISSN:2071-1050
2071-1050
DOI:10.3390/su151511814