This paper develops a generic optimization model that explores the difficulty met by Electric Energy Storage (EES) systems when economic dispatch for multiple-service provision is requested. Such a model is further used to investigate the economic performance of an EES system which meets the 10-minute balancing requirement and hourly load shifting opportunities in the Western Electricity Coordinating Council (WECC) area for a 2030 load scenario. Piecewise linear equations are used to represent the cost function of varying load. The results show that when EES is economically dispatched, to achieve multiple value streams could result in more saving than to provide single service.
|Title of host publication||IPEC, 2010 Conference Proceedings|
|Publication status||Published - 2011|
|Event||The 9. International Power and Energy Conference - Singapore|
Duration: 1 Jan 2010 → …
Conference number: 9
|Conference||The 9. International Power and Energy Conference|
|Period||01/01/2010 → …|
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- Electric Energy Storage
- Economic dispatch