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Novel load management for renewable generation sources/battery system through cut energy expenditure and generate revenue

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dc.citedby7
dc.contributor.authorBahrami N.en_US
dc.contributor.authorLiu S.en_US
dc.contributor.authorPonkratov V.V.en_US
dc.contributor.authorNguyen P.T.en_US
dc.contributor.authorMaseleno A.en_US
dc.contributor.authorBerti S.en_US
dc.contributor.authorid57200448897en_US
dc.contributor.authorid26643353400en_US
dc.contributor.authorid56490924200en_US
dc.contributor.authorid57216386109en_US
dc.contributor.authorid55354910900en_US
dc.contributor.authorid57203920068en_US
dc.date.accessioned2023-05-29T09:42:38Z
dc.date.available2023-05-29T09:42:38Z
dc.date.issued2022
dc.descriptionCommerce; Electric energy storage; Electric load management; Electric power utilization; Lakes; Optimization; Photovoltaic cells; Risk analysis; Wind power; Battery storage system; Demand response programs; Electricity consumers; Energy storage systems; Industrial users; Photovoltaic systems; Renewable generation; Robust optimisation; Costsen_US
dc.description.abstractThe sources that provide energy to large electricity consumers include: pool market, bilateral contracts, micro-turbines, battery storage system, wind turbine and PV system as well as demand response program (DRP). Because of the uncertainty in the Pool Market the final cost of the large consumer is not identifiable. With the aim of improving the performance of large consumers in the risk-averse strategy, a strong optimisation method is recommended for pool markets in the presence of uncertainty. In large consumers due to high costs and with the aim of reducing it, the DRP method is used. By analysing the results, it can be concluded that DRP has had an important impact on total procurement cost of a large electricity consumer. By examining the results based on robust optimisation method, it can be discussed that the without using of DRP in the risk-neutral strategy is lower than the risk-averse strategy. Also, it can be said that the procurement cost of large electricity consumer with using of DRP program has been decreased 8.2% and 6.5% in the risk-neutral and risk-averse strategy, respectively. � 2022 Informa UK Limited, trading as Taylor & Francis Group.en_US
dc.description.natureFinalen_US
dc.identifier.doi10.1080/01430750.2019.1636868
dc.identifier.epage384
dc.identifier.issue1
dc.identifier.scopus2-s2.0-85068806309
dc.identifier.spage368
dc.identifier.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85068806309&doi=10.1080%2f01430750.2019.1636868&partnerID=40&md5=9dcfa9909d3cc1d333ea17a05e7c207b
dc.identifier.urihttps://irepository.uniten.edu.my/handle/123456789/27319
dc.identifier.volume43
dc.publisherTaylor and Francis Ltd.en_US
dc.sourceScopus
dc.sourcetitleInternational Journal of Ambient Energy
dc.titleNovel load management for renewable generation sources/battery system through cut energy expenditure and generate revenueen_US
dc.typeArticleen_US
dspace.entity.typePublication
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