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Carbon Footprint And Cost Minimization For Grid Systems Through Day-Ahead Order And Battery Size Optimization, Omid Pourkhalili
Carbon Footprint And Cost Minimization For Grid Systems Through Day-Ahead Order And Battery Size Optimization, Omid Pourkhalili
Doctoral Dissertations
We modeled the problem of peak hours day-ahead order for smart grid companies integrating renewable energy and power storage systems. This results in optimizing day-ahead order, battery storage size, and consequently lowering the use of fossil fuels and emissions. The utility-scale power storage can balance the difference between the day-ahead forecasts and real-time consumer demand through energy arbitrage and transmission deferral for peaking capacity. We define system parameters and their associated costs and run a suggested algorithm to minimize the grid operating cost by optimizing day-ahead order amount and battery storage capacity. The model is designed to prioritize and take …