Abstract
Abstract Energy storage systems are becoming critical in the future along the increasing renewable energy generation. Their role is central in balancing unexpected deviations in the electricity production and consumption in order to help maintaining the stability of the power system. Similar benefits can be also drawn from demand-side management solutions, where the consumers adapt their short- or mid-term energy needs according to the price and availability of electricity. This paper discusses the topic of energy storage and especially how a production process could be more efficiently modeled and used as an energy storage. A hierarchical approach is proposed, which to some extent is similar to existing demand-side management solutions. However, the discussed approach is aimed to reduce the modeling effort and increase the applicability of various processes to offer services to balance the discrepancies between electricity supply and consumption.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have