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Optimal ESS Scheduling considering Demand Response for Electricity Charge Minimization under Time of Use Price

Kyeong-hee Cho, Seul-ki Kim, Jong-yul Kim, Eung-sang Kim, Yun-su Kim, Chang-hee Cho

2016/5/20

Abstract

A dependency of the world on electrical energy has been increasing according to development of industry. To meet increasing power demand, existing generators have been expanded or new generators have been installed continually. But currently, the social acceptance for installing a new plant is difficult due to electromagnetic effects on human body, environmental pollutions, and so on. Therefore supply is not, demand side management (DSM) is need. In recently, various
methods of DSM have researched for a long time. Among them, this paper suggests method of optimal ESS scheduling considering demand response (DR) for electricity charge minimization under time of use (TOU) price. The DR is considered as price based programs and incentive basedprograms.
In case study, load of a practical industrial customer was managed by the proposed DSM method. The simulation results show the effectiveness of the method.

Published in: Renewable Energy & Power Quality Journal (RE&PQJ, Nº. 14)
Pages:264-267 Date of Publication: 2016/5/20
ISSN: 2172-038X Date of Current Version:2016/05/04
REF:286-16 Issue Date: May 2016
DOI:10.24084/repqj14.286 Publisher: EA4EPQ

Authors and affiliations

Kyeong-hee Cho, Seul-ki Kim, Jong-yul Kim, Eung-sang Kim, Yun-su Kim, Chang-hee Cho
Smart Distribution Research Center. Korea Electrotechnology Research Institute. Korea

Key words

Demand Side Management, Demand Response, Energy Storage System, Incentive Price, Time of Use price

References

[1] Demand Side Management customer portal, https://www.kepco.co.kr/dsm
[2] Korea Electric Power Corporation, “Guide to KEPCO’s Demand-Side Management”, May, 2013.
[3] Korea Power Exchange, http://www.kpx.or.kr/eng/index.do
[4] Frontline Solvers, http://www.solver.com
[5] K.-H. Cho, S.-K. Kim, E.-S. Kim, “Optimal Sizing of BESS for Customer Demand Management”, Journal of ICEE,
Vol.1, 2014
[6] H.-J. Yun, “Status of international demand management policy”, KPX, 2014
[7] Korea Electric Power Corporation, http://cyber. kepco.co.kr
[8] Alireza Soroudi, Pierluigi Siani, Andrew Keane, “Optimal DR and ESS scheduling for Distribution Losses Payments
Minimization Under Electricity Price Uncertainty”, IEEE Transactions on smart grid, Vol.7, No.1, January 2016.

 
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