New Report Explores Potential of Shared Energy Storage (SES)

As a new type of energy storage, shared energy storage (SES) can help promote the consumption of renewable energy and reduce the energy cost of users. To this end, an optimization clearing strategy for a multi-region electricity-heat joint market is proposed with consideration of SES and integrated demand response (DR). Firstly, the concept of shared energy storage station (SESS) is proposed, its business operation model is analyzed and its advantages over traditional energy storage are compared. Secondly, to exploit the potential for user flexibility, an integrated DR model that includes shiftable, transferable, interruptible electricity and heat load is constructed. Then, a multi-region electricity-heat joint market clearing model is constructed considering SESS and integrated DR. Finally, a three-region electricity-heat joint market connecting the external power grid, gas grid, and the SESS is used as an example. A comparison is made between the configuration of independent energy storage in each region and the configuration of SESS, which concludes that the introduction of the SESS and integrated DR can reduce the energy cost of users and improve the utilization rate of the energy storage facilities.

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_{Source:  Scientific Reports}

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Upcoming conferences organized by SGO:

19th Microgrid Global Innovation Forum, September 24-25, 2024 | San Francisco

4th V2G Business, Policy and Technology Forum, October 22-24, 2024 | Detroit

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