Optimization in the Real World by Katsuki Fujisawa Yuji Shinano & Hayato Waki

Author:Katsuki Fujisawa, Yuji Shinano & Hayato Waki
Language: eng
Format: epub
Publisher: Springer Japan, Tokyo

2 Modeling

We consider a node in a smart grid (usually a consumer, possibly a small energy producer) and assume an energy storage device, together with a controller, is available at the connection of the node to the power grid; see Fig. 1 for a schematic. Using this storage device, energy for consumption or from production at the node can be buffered. This can be done for a number of reasons, such as economical ones like market prices, or environmental ones like weather conditions that influence power generation. Buffering energy, however, involves losses (which depend on the storage technology used) and in deciding when the conditions for either storing or retrieving energy are best lies the main optimization potential.

Fig. 1General setting: Energy consumed or produced at a smart grid node can be buffered using a storage device (such as a battery) with a controller

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