Research on the Economic Optimal Dispatch of the Power Grid with Joint Participation of Wind, Solar, and Energy Storage in the Market
This paper presents a mathematical model for the economic optimization of power grid scheduling of power grids based on the characteristics of independent energy storage on the power supply side. The model employs a grid scheduling strategy where the energy storage system participates in the market with a combination of partial capacity independence and joint capacity participation. It optimizes the coordination of the charging and discharging processes of independent energy storage with the grid output. The model is solved using the Gurobi solver, aiming to minimize the power grid’s operational costs while maximizing the utilization of renewable energy.
Authors
- Meng Wang (ORCID: https://orcid.org/0000-0002-3380-3534)
- Bin Du (ORCID: https://orcid.org/0000-0001-6162-8676)
- Xie Xu
- Qiu Hangting
- Tan Zhihua
- Tian Xingwei
Institutions
- State Grid Corporation of China (China) (CN)
- Shanghai Electric (China) (CN)
- Zhejiang University of Technology (CN)
Publication Details
- Published
- 2025-04-07
- DOI
- https://doi.org/10.1109/icpies65420.2025.11070209
- Primary Topic
- Smart Grid Energy Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00