Operational Optimization of Photovoltaic-Storage System Considering Demand Response

Aiming to address the stability challenges in power systems caused by the volatility and uncertainty of photovoltaic (PV) power generation, an optimization strategy for PV-storage systems incorporating demand response (DR) is proposed. Which is based on PV generation characteristics, Time-of-Use Pricing (TUP), and demand side flexibility. A multi-objective optimization model is established to balance the operational and environmental costs of PV-storage configuration. Building on dynamic adjustments at the demand side, a Multi-Objective Particle Swarm Optimization (MOPSO) algorithm with dynamic inertia weighting is introduced to enhance global search capability for optimized energy storage (ES) configuration. In case study, two scenarios are designed to validate the effectiveness of the proposed model in reducing costs and improving PV utilization rates.

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Publication Details

Published
2024-11-29
DOI
https://doi.org/10.1109/ei264398.2024.10991365
Primary Topic
Power Systems and Renewable Energy
Type
article
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Operational Optimization of Photovoltaic-Storage System Considering Demand Response

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Operational Optimization of Photovoltaic-Storage System Considering Demand Response

Hao Peng, Xuefeng Gao, He Wang, Xingxu Zhu, Cuiping Li, Wenzhen Qin, Junhui Li, Yiwen Yao
article en

Abstract

Aiming to address the stability challenges in power systems caused by the volatility and uncertainty of photovoltaic (PV) power generation, an optimization strategy for PV-storage systems incorporating demand response (DR) is proposed. Which is based on PV generation characteristics, Time-of-Use Pricing (TUP), and demand side flexibility. A multi-objective optimization model is established to balance the operational and environmental costs of PV-storage configuration. Building on dynamic adjustments at the demand side, a Multi-Objective Particle Swarm Optimization (MOPSO) algorithm with dynamic inertia weighting is introduced to enhance global search capability for optimized energy storage (ES) configuration. In case study, two scenarios are designed to validate the effectiveness of the proposed model in reducing costs and improving PV utilization rates.

North China Electric Power University (CN), Northeast Electric Power University (CN), Jilin Electric Power Research Institute (China) (CN)
Affordable and clean energy
Openalex Percentile: Top 62%
Power Systems and Renewable Energy
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