Next Article in Journal
Community Assessment of Flood Risks and Early Warning System in Ratu Watershed, Koshi Basin, Nepal
Next Article in Special Issue
Torrefaction Thermogravimetric Analysis and Kinetics of Sorghum Distilled Residue for Sustainable Fuel Production
Previous Article in Journal
Designing Immortal Products: A Lifecycle Scenario-Based Approach
Previous Article in Special Issue
Core Competitiveness Evaluation of Clean Energy Incubators Based on Matter-Element Extension Combined with TOPSIS and KPCA-NSGA-II-LSSVM
 
 
Font Type:
Arial Georgia Verdana
Font Size:
Aa Aa Aa
Line Spacing:
Column Width:
Background:
Article

Effects of a Battery Energy Storage System on the Operating Schedule of a Renewable Energy-Based Time-of-Use Rate Industrial User under the Demand Bidding Mechanism of Taipower

1
Department of Marine Engineering, National Taiwan Ocean University (NTOU), No. 2, Beining Rd., Zhongzheng Dist., Keelung City 202, Taiwan
2
Department of Electrical Engineering, National Taiwan Ocean University (NTOU), No. 2, Beining Rd., Zhongzheng Dist., Keelung City 202, Taiwan
*
Author to whom correspondence should be addressed.
Sustainability 2021, 13(6), 3576; https://doi.org/10.3390/su13063576
Submission received: 9 February 2021 / Revised: 19 March 2021 / Accepted: 20 March 2021 / Published: 23 March 2021
(This article belongs to the Special Issue Energy Development for Sustainability)

Abstract

Due to the increased development of the smart grid, it is becoming crucial to have an efficient energy management system for a time-of-use (TOU) rate industrial user in Taiwan. In this paper, an extension of the direct search method (DSM) is developed to deal with the operating schedule of a TOU rate industrial user under the demand bidding mechanism of Taipower. To maximize the total incentive obtained from the Taiwan Power Company (TPC, namely Taipower), several operational strategies using a battery energy storage system (BESS) are evaluated in the study to perform peak shaving and realize energy conservation. The effectiveness of the proposed DSM algorithm is validated with the TOU rate industrial user of the TPC. Numerical experiments are carried out to provide a favorable indication of whether to invest in a BESS for the renewable energy-based TOU rate industrial user in order to execute the demand bidding program (DBP).
Keywords: smart grid; time-of-use; demand bidding program; battery energy storage system; direct search method smart grid; time-of-use; demand bidding program; battery energy storage system; direct search method

Share and Cite

MDPI and ACS Style

Tsai, C.-T.; Cheng, Y.-S.; Lin, K.-H.; Chen, C.-L. Effects of a Battery Energy Storage System on the Operating Schedule of a Renewable Energy-Based Time-of-Use Rate Industrial User under the Demand Bidding Mechanism of Taipower. Sustainability 2021, 13, 3576. https://doi.org/10.3390/su13063576

AMA Style

Tsai C-T, Cheng Y-S, Lin K-H, Chen C-L. Effects of a Battery Energy Storage System on the Operating Schedule of a Renewable Energy-Based Time-of-Use Rate Industrial User under the Demand Bidding Mechanism of Taipower. Sustainability. 2021; 13(6):3576. https://doi.org/10.3390/su13063576

Chicago/Turabian Style

Tsai, Cheng-Ta, Yu-Shan Cheng, Kuen-Huei Lin, and Chun-Lung Chen. 2021. "Effects of a Battery Energy Storage System on the Operating Schedule of a Renewable Energy-Based Time-of-Use Rate Industrial User under the Demand Bidding Mechanism of Taipower" Sustainability 13, no. 6: 3576. https://doi.org/10.3390/su13063576

APA Style

Tsai, C.-T., Cheng, Y.-S., Lin, K.-H., & Chen, C.-L. (2021). Effects of a Battery Energy Storage System on the Operating Schedule of a Renewable Energy-Based Time-of-Use Rate Industrial User under the Demand Bidding Mechanism of Taipower. Sustainability, 13(6), 3576. https://doi.org/10.3390/su13063576

Note that from the first issue of 2016, this journal uses article numbers instead of page numbers. See further details here.

Article Metrics

Back to TopTop