Abstract
It is an ideal way to solve the bottlenecks of power source and grid construction that setting up large-scale battery energy storage systems on the demand sides. According to specific power market rules, a real-time price dynamic game linkage model considering power generation side, supply side, large-scale battery energy storage system and demand response was established. Based on electricity price signal, each participant adjusted their own game strategy until the equilibrium price was solved. The paper set up three cases to simulate the model. The simulation results showed that large-scale battery energy storage systems set up on the demand side could reduce the difference of valley-to-peak load and smooth the curve of real-time electricity price, the mean electricity price of user was reduced and the power generation and transmission cost was decreased, and some profits were shared by battery energy storage systems. At the same time, the utilization rate of generation and transmission equipments increased.
| Original language | English |
|---|---|
| Pages (from-to) | 62-68 |
| Number of pages | 7 |
| Journal | Zhongguo Dianji Gongcheng Xuebao/Proceedings of the Chinese Society of Electrical Engineering |
| Volume | 33 |
| Issue number | 13 |
| State | Published - 5 May 2013 |
Keywords
- Battery energy storage system
- Dynamic game
- Power market
- Real-time electricity price
- Smart grid
