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Joint Virtual Energy Storage Modeling with Electric Vehicle Participation in Energy Local Area Smart Grid

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  • Rui-Cheng Dai
  • Bi Zhao
  • Xiao-Di Zhang
  • Jun-Wei Yu
  • Bo Fan
  • Biao Liu

Abstract

In this research, the joint virtual energy storage modeling with electric vehicle participation in energy local area Smart Grid is considered. This article first constructs a virtual energy storage model and a joint virtual energy storage model for air conditioning and electric vehicles. Therefore, for the optimization problem of virtual energy storage power, a continuous rolling optimization algorithm to determine the feasible solution of the high-dimensional complex constraint optimization problem is proposed to solve the optimization problem. Finally, the analysis, for example, illustrates the economics of joint virtual energy storage in the Smart Grid. The results prove that air conditioning and electric vehicles have the ability to jointly participate in virtual energy storage, and the comparison proves that joint virtual energy storage can effectively improve the economics of electricity consumption.

Suggested Citation

  • Rui-Cheng Dai & Bi Zhao & Xiao-Di Zhang & Jun-Wei Yu & Bo Fan & Biao Liu, 2020. "Joint Virtual Energy Storage Modeling with Electric Vehicle Participation in Energy Local Area Smart Grid," Complexity, Hindawi, vol. 2020, pages 1-15, October.
  • Handle: RePEc:hin:complx:3102729
    DOI: 10.1155/2020/3102729
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    Cited by:

    1. Jafari, Mehdi & Botterud, Audun & Sakti, Apurba, 2022. "Decarbonizing power systems: A critical review of the role of energy storage," Renewable and Sustainable Energy Reviews, Elsevier, vol. 158(C).

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