Shared energy storage project design

How do we integrate storage sharing into the design phase of energy systems?

We adopt a cooperative game approach to incorporate storage sharing into the design phase of energy systems. To ensure a fair distribution of cooperative benefits, we introduce a benefit allocation mechanism based on contributions to energy storage sharing.

How can shared storage improve energy systems?

By integrating shared storage into these projects, system operators can better manage their energy resources, improve grid stability, and support the transition to renewable energy sources. This model fosters participants cooperation and investment, leading to more sustainable and resilient energy systems. 6. Conclusions

What is shared energy storage?

Shared energy storage embodies sharing economy principles within the storage industry. This approach allows storage facilities to monetize unused capacity by offering it to users, generating additional revenue for providers, and supporting renewable energy prosumers’ growth.

What is shared electrical energy storage (SES) & shared thermal energy storage?

To mend the research gap, two CHP-SES system modes and design procedures, namely shared electrical energy storage (SEES), and shared thermal energy storage (STES), are proposed. These systems store distributed green power curtailments during the charging process and convert them to available power or heat during the discharging process.

What are the operational intricacies of shared energy storage systems?

The operational intricacies of shared energy storage systems have garnered substantial scholarly interest within the domain of energy storage sharing . Researchers typically approach the management of these systems by formulating it as an optimization problem, which is generally categorized as either single-level or bi-level in nature [11, 12].

Can shared electrical energy storage and shared thermal energy storage be used in CHP-SES?

Therefore, this paper proposes two CHP-SES design modes involving shared electrical energy storage and shared thermal energy storage, including three system configurations to store distributed green power curtailments during charging processes and convert them to available power or heat during discharging processes.