Energy storage allocation for new energy projects

What are the energy allocation options for local communities?

Four allocation options for the local communities are considered: private energy storage (PES), community energy storage with random allocation (CES-random), community energy storage with diverse allocation (CES-diverse), and community energy storage with homogeneous allocation (CES-homogeneous).

How can -means be used to allocate energy storage?

By using -means to allocate energy storage and formulating a MILP model to optimize the operational cost, different scenarios, including different types of appliances, PV systems, energy storage, and household power consumption profiles are compared in an individual setup as well as a community setup.

Can energy storage allocation reduce the impact of new energy source power fluctuations?

To address the impact of new energy source power fluctuations on the power grid, research has been conducted on energy storage allocation applied to mitigate the power fluctuations of new energy source.

What are the allocation options of energy storage?

The allocation options of energy storage include private energy storage and three options of community energy storage: random, diverse, and homogeneous allocation.

What is the implementation plan for the development of new energy storage?

In January 2022, the National Development and Reform Commission and the National Energy Administration jointly issued the Implementation Plan for the Development of New Energy Storage during the 14th Five-Year Plan Period, emphasizing the fundamental role of new energy storage technologies in a new power system.

Will energy storage change the development layout of new energy?

The deployment of energy storage will change the development layout of new energy. This paper expounds the policy requirements for the allocation of energy storage, and proposes two economic calculation models for energy storage allocation based on the levelized cost of electricity and the on-grid electricity price in the operating area.