Optimum hourly operation of a prosumer with battery energy storage system under time-of-use pricing

© 2017 IEEE. A mathematical model for generation scheduling of a prosumer is proposed. The prosumer is capable of generating, consuming, and storing electricity. Energy storage is in form of battery. The prosumer may purchase or sell electricity with an electric utility under time-of-use pricing. Th...

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Main Authors: Kamolwan Wongwut, Somboon Nuchprayoon
Format: Conference Proceeding
Published: 2018
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Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85045920863&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/58654
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Institution: Chiang Mai University
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spelling th-cmuir.6653943832-586542018-09-05T04:27:39Z Optimum hourly operation of a prosumer with battery energy storage system under time-of-use pricing Kamolwan Wongwut Somboon Nuchprayoon Energy © 2017 IEEE. A mathematical model for generation scheduling of a prosumer is proposed. The prosumer is capable of generating, consuming, and storing electricity. Energy storage is in form of battery. The prosumer may purchase or sell electricity with an electric utility under time-of-use pricing. The optimization problem for hourly operation of the prosumer is formulated as a mixed-integer programing problem and solved by using GAMS. It is shown that the purchase decision, capacity selection, and threshold condition of the battery can be derived by using hourly prices, battery efficiencies, and capital cost of battery. It is evident from numerical simulations that the prosumer can obtain minimum daily costs of operation. 2018-09-05T04:27:39Z 2018-09-05T04:27:39Z 2018-03-07 Conference Proceeding 21574847 21574839 2-s2.0-85045920863 10.1109/APPEEC.2017.8308997 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85045920863&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/58654
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
topic Energy
spellingShingle Energy
Kamolwan Wongwut
Somboon Nuchprayoon
Optimum hourly operation of a prosumer with battery energy storage system under time-of-use pricing
description © 2017 IEEE. A mathematical model for generation scheduling of a prosumer is proposed. The prosumer is capable of generating, consuming, and storing electricity. Energy storage is in form of battery. The prosumer may purchase or sell electricity with an electric utility under time-of-use pricing. The optimization problem for hourly operation of the prosumer is formulated as a mixed-integer programing problem and solved by using GAMS. It is shown that the purchase decision, capacity selection, and threshold condition of the battery can be derived by using hourly prices, battery efficiencies, and capital cost of battery. It is evident from numerical simulations that the prosumer can obtain minimum daily costs of operation.
format Conference Proceeding
author Kamolwan Wongwut
Somboon Nuchprayoon
author_facet Kamolwan Wongwut
Somboon Nuchprayoon
author_sort Kamolwan Wongwut
title Optimum hourly operation of a prosumer with battery energy storage system under time-of-use pricing
title_short Optimum hourly operation of a prosumer with battery energy storage system under time-of-use pricing
title_full Optimum hourly operation of a prosumer with battery energy storage system under time-of-use pricing
title_fullStr Optimum hourly operation of a prosumer with battery energy storage system under time-of-use pricing
title_full_unstemmed Optimum hourly operation of a prosumer with battery energy storage system under time-of-use pricing
title_sort optimum hourly operation of a prosumer with battery energy storage system under time-of-use pricing
publishDate 2018
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85045920863&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/58654
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