Near optimal energy management algorithms for grid-connected storage systems

Lifshitz Doron; George Weiss

doi:10.1109/EEEI.2012.6377100

Near optimal energy management algorithms for grid-connected storage systems

Lifshitz Doron^*, George Weiss

^*Corresponding author for this work

School of Electrical Engineering

Tel Aviv University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

This paper proposes near optimal (to a desired degree) deterministic charge/discharge policies for the maximization of profit in a grid-connected storage system. The changing price of electricity is assumed to be known. We give algorithms for the approximate solution using dynamic programming. We prove that a bang off bang (BOB) type policy is optimal if the storage device is a supercapacitor. The advantages of using a battery model that takes into account the diffusion of charges are discussed and both simulation and experimental results are shown.

Original language	English
Title of host publication	2012 IEEE 27th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2012
DOIs	https://doi.org/10.1109/EEEI.2012.6377100
State	Published - 2012
Event	2012 IEEE 27th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2012 - Eilat, Israel Duration: 14 Nov 2012 → 17 Nov 2012

Publication series

Name	2012 IEEE 27th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2012

Conference

Conference	2012 IEEE 27th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2012
Country/Territory	Israel
City	Eilat
Period	14/11/12 → 17/11/12

Keywords

Storage
dynamic programming
optimal control

Access to Document

10.1109/EEEI.2012.6377100

Cite this

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title = "Near optimal energy management algorithms for grid-connected storage systems",

abstract = "This paper proposes near optimal (to a desired degree) deterministic charge/discharge policies for the maximization of profit in a grid-connected storage system. The changing price of electricity is assumed to be known. We give algorithms for the approximate solution using dynamic programming. We prove that a bang off bang (BOB) type policy is optimal if the storage device is a supercapacitor. The advantages of using a battery model that takes into account the diffusion of charges are discussed and both simulation and experimental results are shown.",

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Doron, L & Weiss, G 2012, Near optimal energy management algorithms for grid-connected storage systems. in 2012 IEEE 27th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2012., 6377100, 2012 IEEE 27th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2012, 2012 IEEE 27th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2012, Eilat, Israel, 14/11/12. https://doi.org/10.1109/EEEI.2012.6377100

Near optimal energy management algorithms for grid-connected storage systems. / Doron, Lifshitz; Weiss, George.
2012 IEEE 27th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2012. 2012. 6377100 (2012 IEEE 27th Convention of Electrical and Electronics Engineers in Israel, IEEEI 2012).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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Near optimal energy management algorithms for grid-connected storage systems

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Keywords

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