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Design of Power Supply Package for Electricity Sales Companies Considering User Side Energy Storage Configuration

Author

Listed:
  • Qitian Mu

    (Electrical Engineering Department, North China Electric Power University, PO Box 17, 619 Yonghuabei Street, Baoding 071003, China)

  • Yajing Gao

    (Technical and Economic Consultation Center for Electric Power Construction in China Electricity Council, Beijing 100032, China)

  • Yongchun Yang

    (Electrical Engineering Department, North China Electric Power University, PO Box 17, 619 Yonghuabei Street, Baoding 071003, China)

  • Haifeng Liang

    (Electrical Engineering Department, North China Electric Power University, PO Box 17, 619 Yonghuabei Street, Baoding 071003, China)

Abstract

With the deepening of the reform of the power system, electricity sales companies are required to explore new business models and provide multi-faceted marketing programs for users. At the same time, with the reduction of energy storage (ES) costs and the gradual maturity of technology, user side ES, especially Battery ES, has become an effective means for enhancing users’ power supply reliability and reducing electricity bills. Battery ES, as the standby power supply, has a vast user side application. The configuration of ES can help users to ameliorate power quality and reduce electricity cost. It is a critical strategy for electricity sales companies to improve their competitiveness as well. Firstly, this paper analyzes the user side ES and introduces the user side ES development status and relevant policies. Then, we establish an ES configuration optimization model based on the cost–benefit system. To determine the optimal ES capacity of the system’s storage capacity, non-dominated sorting genetic algorithm with elite strategy (NSGA-II) is used as the method solving model. Finally, according to the cost-effectiveness of ES and the period of a contract signed by users, a price package with ES configuration is designed for users to choose.

Suggested Citation

  • Qitian Mu & Yajing Gao & Yongchun Yang & Haifeng Liang, 2019. "Design of Power Supply Package for Electricity Sales Companies Considering User Side Energy Storage Configuration," Energies, MDPI, vol. 12(17), pages 1-16, August.
    • Handle: RePEc:gam:jeners:v:12:y:2019:i:17:p:3219-:d:259695
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    References listed on IDEAS

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    Cited by:

    1. Hongli Liu & Luoqi Wang & Ji Li & Lei Shao & Delong Zhang, 2023. "Research on Smart Power Sales Strategy Considering Load Forecasting and Optimal Allocation of Energy Storage System in China," Energies, MDPI, vol. 16(8), pages 1-18, April.
    2. Darya Pyatkina & Tamara Shcherbina & Vadim Samusenkov & Irina Razinkina & Mariusz Sroka, 2021. "Modeling and Management of Power Supply Enterprises’ Cash Flows," Energies, MDPI, vol. 14(4), pages 1-17, February.
    3. Kai Ding & Wei Li & Yimin Qian & Pan Hu & Zengrui Huang, 2022. "Application of User Side Energy Storage System for Power Quality Enhancement of Premium Power Park," Sustainability, MDPI, vol. 14(6), pages 1-14, March.

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