It is difficult to implement profit sharing for energy storage equipment

Can multiple buildings share energy storage and grid price arbitrage?

Abstract: This paper studies an energy storage (ES) sharing model which is cooperatively invested by multiple buildings for harnessing on-site renewable utilization and grid price arbitrage. To maximize the economic benefits, we jointly consider the ES sizing, operation, and cost allocation via a coalition game formulation.

Are shared energy storage systems effective?

In fact, shared energy storage systems can be an effective way to increase the efficiency and reliability of the energy system, regardless of whether consumers have their own PV systems or not. Comparing Figs. 4 and 5 demonstrates that CSES decreases the injecting power of consumers into the local grid.

Does a shared storage system have a complementarity of power generation and consumption?

In this context, considering the complementarity of power generation and consumption behavior among different prosumers, this paper proposes an energy storage sharing framework towards a community, to analyze the investment behavior for shared storage system at the design phase and energy interaction among participants at the operation phase.

Can shared energy storage improve the community's economic benefits?

It is worth mentioning that the shared energy storage mechanism can improve the community's economic benefits at any confidence level. Fig. 15. Energy storage investment decisions and the total cost under different confidence level. 5.7. Sensitivity analysis

Is shared energy storage a good investment plan?

However, there are few studies on the investment planning of shared energy storage. Under the storage sharing mode in which users invest in storage equipment individually and share their idle storage capacities within the community, the optimal energy storage size is determined by the genetic algorithm .

What is community shared energy storage (CSES)?

Community shared energy storage (CSES) is a solution to alleviate the uncertainty of renewable resources by aggregating excess energy during appropriate periods and discharging it when renewable generation is low. CSES involves multiple consumers or producers sharing an energy storage system.