TY - GEN
T1 - Distributed Gas-fired Generation and Battery Energy Storage Planning in a Thin Distribution System
AU - Qiu, Jing
AU - Dong, Zhao Yang
AU - Meng, Ke
AU - Tian, Huiqiao
N1 - Publication details (e.g. title, author(s), publication statuses and dates) are captured on an “AS IS” and “AS AVAILABLE” basis at the time of record harvesting from the data source. Suggestions for further amendments or supplementary information can be sent to [email protected].
PY - 2018/12/21
Y1 - 2018/12/21
N2 - Advanced information and communication technology (ICT) enables interoperability among entities, particularly those who own distributed energy resources (DERs) such as energy storage system (ESS) and distributed generation (DG). In this paper, we address the optimal allocation of ESS and gas-fired DG in a 'thin' distribution system. The formulated objective is to minimize the sum of the annualized investment cost, the expected profit and the imbalance cost in the two-stage of scheduling. This paper presents the opportunity to consider the financial benefits of this type of thin grid to each party: the housing developer, the customers, the network and the aggregator. Two key factors in the financial benefits available from the project are the realized demand management versus the planned network connection size and the installed costs of the deployed distributed energy resources. We present preliminary analysis of the key parameters of the case study, how the financial benefits to the different parties can be calculated and the key sensitivities to those economic outcomes. The proposed model is verified on the modified IEEE 15-bus distribution radial system. © 2018 IEEE.
AB - Advanced information and communication technology (ICT) enables interoperability among entities, particularly those who own distributed energy resources (DERs) such as energy storage system (ESS) and distributed generation (DG). In this paper, we address the optimal allocation of ESS and gas-fired DG in a 'thin' distribution system. The formulated objective is to minimize the sum of the annualized investment cost, the expected profit and the imbalance cost in the two-stage of scheduling. This paper presents the opportunity to consider the financial benefits of this type of thin grid to each party: the housing developer, the customers, the network and the aggregator. Two key factors in the financial benefits available from the project are the realized demand management versus the planned network connection size and the installed costs of the deployed distributed energy resources. We present preliminary analysis of the key parameters of the case study, how the financial benefits to the different parties can be calculated and the key sensitivities to those economic outcomes. The proposed model is verified on the modified IEEE 15-bus distribution radial system. © 2018 IEEE.
KW - Energy storage system (ESS)
KW - Gas-fired distributed generation (DG)
KW - System planning.
KW - Thin distribution system
UR - https://www.scopus.com/pages/publications/85060807903
UR - https://www.scopus.com/record/pubmetrics.uri?eid=2-s2.0-85060807903&origin=recordpage
U2 - 10.1109/PESGM.2018.8586319
DO - 10.1109/PESGM.2018.8586319
M3 - RGC 32 - Refereed conference paper (with host publication)
SN - 9781538677032
VL - 2018-August
T3 - IEEE Power and Energy Society General Meeting
BT - 2018 IEEE Power and Energy Society General Meeting, PESGM 2018
PB - IEEE Computer Society
T2 - 2018 IEEE Power and Energy Society General Meeting, PESGM 2018
Y2 - 5 August 2018 through 10 August 2018
ER -