Economic operation and planning of battery energy storage on a multi-objective optimization decision platform

This paper presents a modular decision-making platform designed to coordinate the scheduling of generation and energy storage while balancing economic and environmental goals. The platform combines a mixed-integer linear optimization engine with an interactive interface, creating a link between advanced modeling methods and practical analysis tools. Using an epsilon-constraint approach, the model traces the trade-off between cost and emissions, generating a discrete Pareto frontier for decision support. The platform also streamlines workflow by standardizing data input, supporting reproducible batch solving and offering clear visualization and export of dispatch patterns, cost structures, reserve indicators, and trade-off frontiers. A case study highlights the interaction between system cost and carbon cost, showing that under the tested conditions, the lowest total cost occurs at a storage capacity of 200 MW. These results demonstrate how the platform can be used to compare scenarios and identify transparent compromises, providing researchers and system operators with a practical tool for planning and operating grids with increasing renewable penetration.

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Publication Details

Journal
IET conference proceedings.
Published
2026-02-19
DOI
https://doi.org/10.1049/icp.2025.3994
Primary Topic
Integrated Energy Systems Optimization
Type
article
Field-Weighted Citation Impact
0.00
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article

Economic operation and planning of battery energy storage on a multi-objective optimization decision platform

Geng Yi, Xiuting Rong, Peng Chang, Yong Qi Teh et al.
IET conference proceedings.
Integrated Energy Systems Optimization
article

Economic operation and planning of battery energy storage on a multi-objective optimization decision platform

Geng Yi, Xiuting Rong, Peng Chang, Yong Qi Teh, Changling Li, Tongqing Song
article en

Abstract

This paper presents a modular decision-making platform designed to coordinate the scheduling of generation and energy storage while balancing economic and environmental goals. The platform combines a mixed-integer linear optimization engine with an interactive interface, creating a link between advanced modeling methods and practical analysis tools. Using an epsilon-constraint approach, the model traces the trade-off between cost and emissions, generating a discrete Pareto frontier for decision support. The platform also streamlines workflow by standardizing data input, supporting reproducible batch solving and offering clear visualization and export of dispatch patterns, cost structures, reserve indicators, and trade-off frontiers. A case study highlights the interaction between system cost and carbon cost, showing that under the tested conditions, the lowest total cost occurs at a storage capacity of 200 MW. These results demonstrate how the platform can be used to compare scenarios and identify transparent compromises, providing researchers and system operators with a practical tool for planning and operating grids with increasing renewable penetration.

IET conference proceedings.Vol. 2025(38)
State Grid Corporation of China (China) (CN), Shanghai Jiao Tong University (CN), Economic Research Institute (BG), Economic Research Institute (KZ)
Affordable and clean energy
Openalex Percentile: Top 51%
Integrated Energy Systems Optimization
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