Optimization of Multi-Type Energy Storage Systems Capacity Configuration via an Improved Projection-Iterative Optimizer

An improved optimizer based on projection-iterative methods (IPIMO) is proposed to address the optimal configuration problem of multi-type energy storage systems (MT-ESS), with the objective of achieving synergistic minimization of comprehensive costs, including both investment and operational expenditures. A comprehensive energy system model is established, integrating photovoltaic power, wind power, and six typical energy storage technologies—lithium-ion battery, flywheel energy storage, supercapacitors, valve-regulated lead-acid battery, compressed air energy storage, and redox flow battery. Four typical operational scenarios are designed to validate the adaptability and robustness of the algorithm. A systematic evaluation of IPIMO’s comprehensive performance is conducted by comparing it with the weighted average method (WA), the single-energy storage optimization method (SEO), the projection-iterative-methods-based optimizer algorithm (PIMO), and the genetic algorithm (GA). Simulation results demonstrate that IPIMO exhibits superior convergence performance, achieving stable convergence rapidly and significantly outperforming PIMO and GA. Moreover, IPIMO achieves the lowest total cost across all four scenarios, with an average of $46,837, representing reductions of 6.54% compared to the benchmark weighted average method and 11.8% compared to the SEO. Additionally, IPIMO adaptively adjusts the allocation ratios of energy storage types based on scenario characteristics, prioritizing energy-type storage in stable scenarios while increasing the proportion of fast-response storage to 49.1% in fluctuating scenarios, thereby demonstrating its strong scenario adaptability.