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DEMAND Project: A Peak Load Shaving Strategy for End-User Consumers

2018

Battery energy storage systems (BESS) are becoming increasingly widespread in modern power systems, thanks to the important benefits they can provide to the electricity grid. Indeed, BESS can be used in time shifting applications, storing energy during off-peak periods and discharging during peak times (when the cost of electricity is high). When BESS are used for peak shaving purposes, they also contribute to relieve peak demand charges, thus ensuring a saving for the consumers. This paper describes a peak load shaving strategy defined within the DEMAND project. The strategy is able to guarantee the flattest daily power diagram and the maximum benefit for the electricity consumers, reducin…

peak shaving strategyFlexibility (engineering)Computer scienceEnergy managementbusiness.industry020209 energy02 engineering and technologypeak demand chargeEnvironmental economicsEnergy storageSettore ING-IND/33 - Sistemi Elettrici Per L'EnergiaElectric power systemPeak demandPeaking power plant0202 electrical engineering electronic engineering information engineeringelectricity billTOU tariffsElectricityCost of electricity by sourcebusinessbattery storage system2018 IEEE International Conference on Environment and Electrical Engineering and 2018 IEEE Industrial and Commercial Power Systems Europe (EEEIC / I&CPS Europe)
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