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:: Volume 13, Issue 3 (11-2024) ::
ieijqp 2024, 13(3): 0-0 Back to browse issues page
Investing in small power technologies for smart grids using golf optimization algorithm: Economic analysis and review of different battery technologies
Vahid Khademi *1 , Zohreh Mehrabadi
Abstract:   (327 Views)
Considering the growing importance of energy storage technologies in large-scale construction to improve the performance of power grids, this paper examines the investment in these technologies from an economic perspective. The main article focuses on the use of large battery technologies such as redox vanadium batteries, polysulfide-bromine batteries, and zinc-bromine batteries for power grids due to their special characteristics such as long life, good efficiency, and affordable costs. Smart are very suitable. The proposed model of this research is designed using golf optimization algorithm, which is considered as the main innovation of this research. This algorithm is specifically used to optimize performance and investment in large-area energy storage systems. Using this model, the effects of using different types of technologies are analyzed. The results of the simulations show that considering different battery technologies and the operation of the golf optimization algorithm can have significant economic effects in optimizing the performance of energy storage systems.
Keywords: Evolutionary algorithms, optimization, large scale batteries, smart grids
     
Type of Study: Research |
Received: 2024/09/6 | Accepted: 2025/01/17 | Published: 2025/04/6
References
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21. V. Mehra, R. Amatya, and R. J. Ram, "Estimating the value of demand-side management in low-cost, solar micro-grids," Energy, vol. 163, pp. 74-87, 2018. [DOI:10.1016/j.energy.2018.07.204]
22. M. Sedghi, A. Ahmadian, and M. Aliakbar-Golkar, "Optimal storage planning in active distribution network considering uncertainty of wind power distributed generation," IEEE Transactions on Power Systems, vol. 31, no. 1, pp. 304-316, 2016. [DOI:10.1109/TPWRS.2015.2404533]
23. N. Jayasekara, M. A. Masoum, and P. J. Wolfs, "Optimal operation of distributed energy storage systems to improve distribution network load and generation hosting capability," IEEE Transactions on Sustainable Energy, vol. 7, no. 1, pp. 250-261, 2016. [DOI:10.1109/TSTE.2015.2487360]
24. M. Daghi, M. Sedghi, A. Ahmadian, and M. Aliakbar-Golkar, "Factor analysis based optimal storage planning in active distribution network considering different battery technologies," Applied energy, vol. 183, pp. 456-469, 2016. [DOI:10.1016/j.apenergy.2016.08.190]
25. H. Xing, H. Cheng, Y. Zhang, and P. Zeng, "Active distribution network expansion planning integrating dispersed energy storage systems," IET Generation, Transmission & Distribution, vol. 10, no. 3, pp. 638-644, 2016. [DOI:10.1049/iet-gtd.2015.0411]
26. H. Saboori, R. Hemmati, and V. Abbasi, "Multistage distribution network expansion planning considering the emerging energy storage systems," Energy conversion and management, vol. 105, pp. 938-945, 2015. [DOI:10.1016/j.enconman.2015.08.055]
27. H. Saboori, R. Hemmati, and M. A. Jirdehi, "Reliability improvement in radial electrical distribution network by optimal planning of energy storage systems," Energy, vol. 93, pp. 2299-2312, 2015. [DOI:10.1016/j.energy.2015.10.125]
28. A. Azizivahed et al., "Energy Management Strategy in Dynamic Distribution Network Reconfiguration considering Renewable Energy Resources and Storage," IEEE Transactions on Sustainable Energy, 2019. [DOI:10.1109/PESGM41954.2020.9281964]
29. Y. Gao, Q. Ai, M. Yousif, and X. Wang, "Source-load-storage consistency collaborative optimization control of flexible DC distribution network considering multi-energy complementarity," International Journal of Electrical Power & Energy Systems, vol. 107, pp. 273-281, 2019. [DOI:10.1016/j.ijepes.2018.11.033]
30. L. A. Wong, V. K. Ramachandaramurthy, P. Taylor, J. Ekanayake, S. L. Walker, and S. Padmanaban, "Review on the optimal placement, sizing and control of an energy storage system in the distribution network," Journal of Energy Storage, vol. 21, pp. 489-504, 2019. [DOI:10.1016/j.est.2018.12.015]
31. A. Ahmadian, M. Sedghi, H. Fgaier, B. Mohammadi-ivatloo, M. A. Golkar, and A. Elkamel, "PEVs Data Mining Based on Factor Analysis Method for Energy Storage and DG Planning in Active Distribution Network: Introducing S2S Effect," Energy, 2019. [DOI:10.1016/j.energy.2019.03.097]
32. K. Bangash, M. Farrag, and A. Osman, "Investigation of Energy Storage Batteries in Stability Enforcement of Low Inertia Active Distribution Network," Technology and Economics of Smart Grids and Sustainable Energy, vol. 4, no. 1, p. 1, 2019. [DOI:10.1007/s40866-018-0059-4]
33. G. Shaoyun, X. Zhengyang, L. Hong, L. Mengyi, Y. Zan, and Z. Chenghao, "Coordinated Voltage Control for Active Distribution Network Considering the Impact of Energy Storage," Energy Procedia, vol. 158, pp. 1122-1127, 2019. [DOI:10.1016/j.egypro.2019.01.277]
34. N. Yan, B. Zhang, W. Li, and S. Ma, "Hybrid Energy Storage Capacity Allocation Method for Active Distribution Network Considering Demand Side Response," IEEE Transactions on Applied Superconductivity, vol. 29, no. 2, pp. 1-4, 2019. [DOI:10.1109/TASC.2018.2889860]
35. X. Wen, Y. Yu, Z. Xu, J. Zhao, and J. Li, "Optimal distributed energy storage investment scheme for distribution network accommodating high renewable penetration," International Transactions on Electrical Energy Systems, p. e12002, 2019. [DOI:10.1002/2050-7038.12002]
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37. L. Bai, T. Jiang, F. Li, H. Chen, and X. Li, "Distributed energy storage planning in soft open point based active distribution networks incorporating network reconfiguration and DG reactive power capability," Applied Energy, vol. 210, pp. 1082-1091, 2018. [DOI:10.1016/j.apenergy.2017.07.004]
38. J. Lizana, D. Friedrich, R. Renaldi, and R. Chacartegui, "Energy flexible building through smart demand-side management and latent heat storage," Applied energy, vol. 230, pp. 471-485, 2018. [DOI:10.1016/j.apenergy.2018.08.065]
39. N. L. Rajakovic and V. M. Shiljkut, "Long-term forecasting of annual peak load considering effects of demand-side programs," Journal of Modern Power Systems and Clean Energy, vol. 6, no. 1, pp. 145-157, 2018. [DOI:10.1007/s40565-017-0328-6]
40. T. M. Gür, "Review of electrical energy storage technologies, materials and systems: challenges and prospects for large-scale grid storage," Energy & Environmental Science, vol. 11, no. 10, pp. 2696-2767, 2018. [DOI:10.1039/C8EE01419A]
41. F. A. Chacra, P. Bastard, G. Fleury, and R. Clavreul, "Impact of energy storage costs on economical performance in a distribution substation," IEEE Transactions on Power Systems, vol. 20, no. 2, pp. 684-691, 2005. [DOI:10.1109/TPWRS.2005.846091]
42. I. Gyuk, S. Eckroad, L. Mears, H. Gotschall, and H. Kamath, "EPRI-DOE handbook of energy storage for transmission and distribution applications," Environment, vol. 2, p. 512, 2003.
43. M. Alhaider and L. Fan, "Planning Energy Storage and Photovoltaic Panels for Demand Response With Heating Ventilation and Air Conditioning Systems," IEEE Transactions on Industrial Informatics, vol. 14, no. 11, pp. 5029-5037, Nov. 2018. [DOI:10.1109/TII.2018.2833441]
44. H. Xiao, W. Pei, Z. Dong and L. Kong, "Bi-level planning for integrated energy systems incorporating demand response and energy storage under uncertain environments using novel metamodel," CSEE Journal of Power and Energy Systems, vol. 4, no. 2, pp. 155-167, June 2018. [DOI:10.17775/CSEEJPES.2017.01260]
45. S. E. Bibri, "A foundational framework for smart sustainable city development: Theoretical, disciplinary, and discursive dimensions and their synergies," Sustainable Cities and Society, vol. 38, pp. 758-794, 2018. [DOI:10.1016/j.scs.2017.12.032]
46. H. Ahvenniemi, A. Huovila, I. Pinto-Seppä, and M. Airaksinen, "What are the differences between sustainable and smart cities?," Cities, vol. 60, pp. 234-245, 2017. [DOI:10.1016/j.cities.2016.09.009]
47. B. N. Silva, M. Khan, and K. Han, "Towards sustainable smart cities: A review of trends, architectures, components, and open challenges in smart cities," Sustainable Cities and Society, vol. 38, pp. 697-713, 2018. [DOI:10.1016/j.scs.2018.01.053]
48. A. Lyden, R. Pepper, and P. G. Tuohy, "A modelling tool selection process for planning of community scale energy systems including storage and demand side management," Sustainable cities and society, vol. 39, pp. 674-688, 2018. [DOI:10.1016/j.scs.2018.02.003]
49. F. C. Robert, G. S. Sisodia, and S. Gopalan, "A critical review on the utilization of storage and demand response for the implementation of renewable energy microgrids," Sustainable cities and society, vol. 40, pp. 735-745, 2018. [DOI:10.1016/j.scs.2018.04.008]
50. M. Motalleb, P. Siano, and R. Ghorbani, "Networked stackelberg competition in a demand response market," Applied energy, vol. 239, pp. 680-691, 2019. [DOI:10.1016/j.apenergy.2019.01.174]
51. M. Motalleb and R. Ghorbani, "Non-cooperative game-theoretic model of demand response aggregator competition for selling stored energy in storage devices," Applied Energy, vol. 202, pp. 581-596, 2017. [DOI:10.1016/j.apenergy.2017.05.186]
52. F. Keck, M. Lenzen, A. Vassallo, and M. Li, "The impact of battery energy storage for renewable energy power grids in Australia," Energy, vol. 173, pp. 647-657, 2019. [DOI:10.1016/j.energy.2019.02.053]
53. Z. Luburić, H. Pandžić, T. Plavšić, L. Teklić, and V. Valentić, "Role of energy storage in ensuring transmission system adequacy and security," Energy, vol. 156, pp. 229-239, 2018. [DOI:10.1016/j.energy.2018.05.098]
54. S.-Y. Lee, I.-B. Lee, and J. Han, "Design under uncertainty of carbon capture, utilization and storage infrastructure considering profit, environmental impact, and risk preference," Applied Energy, vol. 238, pp. 34-44, 2019. [DOI:10.1016/j.apenergy.2019.01.058]
55. J. F. Carneiro, C. R. Matos, and S. Van Gessel, "Opportunities for large-scale energy storage in geological formations in mainland Portugal," Renewable and Sustainable Energy Reviews, vol. 99, pp. 201-211, 2019. [DOI:10.1016/j.rser.2018.09.036]
56. R. Hemmati, S. M. S. Ghiasi, and A. Entezariharsini, "Power fluctuation smoothing and loss reduction in grid integrated with thermal-wind-solar-storage units," Energy, vol. 152, pp. 759-769, 2018. [DOI:10.1016/j.energy.2018.04.004]
57. X. Zhang and A. J. Conejo, "Coordinated investment in transmission and storage systems representing long-and short-term uncertainty," IEEE Transactions on Power Systems, vol. 33, no. 6, pp. 7143-7151, 2018. [DOI:10.1109/TPWRS.2018.2842045]
58. Y. Zheng et al., "Optimal operation of battery energy storage system considering distribution system uncertainty," IEEE Transactions on Sustainable Energy, vol. 9, no. 3, pp. 1051-1060, 2018. [DOI:10.1109/TSTE.2017.2762364]
59. M. Katsanevakis, R. A. Stewart, and L. Junwei, "A novel voltage stability and quality index demonstrated on a low voltage distribution network with multifunctional energy storage systems," Electric Power Systems Research, vol. 171, pp. 264-282, 2019. [DOI:10.1016/j.epsr.2019.01.043]
60. Y. Shuai et al., "Failure probability estimation of overhead transmission lines considering the spatial and temporal variation in severe weather," Journal of Modern Power Systems and Clean Energy, vol. 7, no. 1, pp. 131-138, 2019. [DOI:10.1007/s40565-017-0370-4]
61. M. R. Salehizadeh, A. Rahimi-Kian, and M. Oloomi-Buygi, "Security-based multi-objective congestion management for emission reduction in power system," International Journal of Electrical Power & Energy Systems, vol. 65, pp. 124-135, 2015. [DOI:10.1016/j.ijepes.2014.09.031]
62. M. R. Salehizadeh, A. Rahimi-Kian, and K. Hausken, "A leader-follower game on congestion management in power systems," in Game Theoretic Analysis of Congestion, Safety and Security: Springer, 2015, pp. 81-112. [DOI:10.1007/978-3-319-13009-5_4]
63. R.-C. Leou, "An economic analysis model for the energy storage system applied to a distribution substation," International Journal of Electrical Power & Energy Systems, vol. 34, no. 1, pp. 132-137, 2012. [DOI:10.1016/j.ijepes.2011.09.016]
64. B. Guo, M. Niu, X. Lai, and L. Chen, "Application research on large-scale battery energy storage system under Global Energy Interconnection framework," Global Energy Interconnection, vol. 1, no. 1, pp. 79-86, 2018.
65. V. Mehra, R. Amatya, and R. J. Ram, "Estimating the value of demand-side management in low-cost, solar micro-grids," Energy, vol. 163, pp. 74-87, 2018. [DOI:10.1016/j.energy.2018.07.204]
66. M. Sedghi, A. Ahmadian, and M. Aliakbar-Golkar, "Optimal storage planning in active distribution network considering uncertainty of wind power distributed generation," IEEE Transactions on Power Systems, vol. 31, no. 1, pp. 304-316, 2016. [DOI:10.1109/TPWRS.2015.2404533]
67. N. Jayasekara, M. A. Masoum, and P. J. Wolfs, "Optimal operation of distributed energy storage systems to improve distribution network load and generation hosting capability," IEEE Transactions on Sustainable Energy, vol. 7, no. 1, pp. 250-261, 2016. [DOI:10.1109/TSTE.2015.2487360]
68. M. Daghi, M. Sedghi, A. Ahmadian, and M. Aliakbar-Golkar, "Factor analysis based optimal storage planning in active distribution network considering different battery technologies," Applied energy, vol. 183, pp. 456-469, 2016. [DOI:10.1016/j.apenergy.2016.08.190]
69. H. Xing, H. Cheng, Y. Zhang, and P. Zeng, "Active distribution network expansion planning integrating dispersed energy storage systems," IET Generation, Transmission & Distribution, vol. 10, no. 3, pp. 638-644, 2016. [DOI:10.1049/iet-gtd.2015.0411]
70. H. Saboori, R. Hemmati, and V. Abbasi, "Multistage distribution network expansion planning considering the emerging energy storage systems," Energy conversion and management, vol. 105, pp. 938-945, 2015. [DOI:10.1016/j.enconman.2015.08.055]
71. H. Saboori, R. Hemmati, and M. A. Jirdehi, "Reliability improvement in radial electrical distribution network by optimal planning of energy storage systems," Energy, vol. 93, pp. 2299-2312, 2015. [DOI:10.1016/j.energy.2015.10.125]
72. A. Azizivahed et al., "Energy Management Strategy in Dynamic Distribution Network Reconfiguration considering Renewable Energy Resources and Storage," IEEE Transactions on Sustainable Energy, 2019. [DOI:10.1109/PESGM41954.2020.9281964]
73. Y. Gao, Q. Ai, M. Yousif, and X. Wang, "Source-load-storage consistency collaborative optimization control of flexible DC distribution network considering multi-energy complementarity," International Journal of Electrical Power & Energy Systems, vol. 107, pp. 273-281, 2019. [DOI:10.1016/j.ijepes.2018.11.033]
74. L. A. Wong, V. K. Ramachandaramurthy, P. Taylor, J. Ekanayake, S. L. Walker, and S. Padmanaban, "Review on the optimal placement, sizing and control of an energy storage system in the distribution network," Journal of Energy Storage, vol. 21, pp. 489-504, 2019. [DOI:10.1016/j.est.2018.12.015]
75. A. Ahmadian, M. Sedghi, H. Fgaier, B. Mohammadi-ivatloo, M. A. Golkar, and A. Elkamel, "PEVs Data Mining Based on Factor Analysis Method for Energy Storage and DG Planning in Active Distribution Network: Introducing S2S Effect," Energy, 2019. [DOI:10.1016/j.energy.2019.03.097]
76. K. Bangash, M. Farrag, and A. Osman, "Investigation of Energy Storage Batteries in Stability Enforcement of Low Inertia Active Distribution Network," Technology and Economics of Smart Grids and Sustainable Energy, vol. 4, no. 1, p. 1, 2019. [DOI:10.1007/s40866-018-0059-4]
77. G. Shaoyun, X. Zhengyang, L. Hong, L. Mengyi, Y. Zan, and Z. Chenghao, "Coordinated Voltage Control for Active Distribution Network Considering the Impact of Energy Storage," Energy Procedia, vol. 158, pp. 1122-1127, 2019. [DOI:10.1016/j.egypro.2019.01.277]
78. N. Yan, B. Zhang, W. Li, and S. Ma, "Hybrid Energy Storage Capacity Allocation Method for Active Distribution Network Considering Demand Side Response," IEEE Transactions on Applied Superconductivity, vol. 29, no. 2, pp. 1-4, 2019. [DOI:10.1109/TASC.2018.2889860]
79. X. Wen, Y. Yu, Z. Xu, J. Zhao, and J. Li, "Optimal distributed energy storage investment scheme for distribution network accommodating high renewable penetration," International Transactions on Electrical Energy Systems, p. e12002, 2019. [DOI:10.1002/2050-7038.12002]
80. [36] J. Li, Z. Xu, J. Zhao, S. Chai, Y. Yu, and X. Xu, "Model Predictive Control Based Ramp Minimization in Active Distribution Network Using Energy Storage Systems," Electric Power Components and Systems, pp. 1-11, 2019. [DOI:10.1080/15325008.2019.1577929]
81. L. Bai, T. Jiang, F. Li, H. Chen, and X. Li, "Distributed energy storage planning in soft open point based active distribution networks incorporating network reconfiguration and DG reactive power capability," Applied Energy, vol. 210, pp. 1082-1091, 2018. [DOI:10.1016/j.apenergy.2017.07.004]
82. J. Lizana, D. Friedrich, R. Renaldi, and R. Chacartegui, "Energy flexible building through smart demand-side management and latent heat storage," Applied energy, vol. 230, pp. 471-485, 2018. [DOI:10.1016/j.apenergy.2018.08.065]
83. N. L. Rajakovic and V. M. Shiljkut, "Long-term forecasting of annual peak load considering effects of demand-side programs," Journal of Modern Power Systems and Clean Energy, vol. 6, no. 1, pp. 145-157, 2018. [DOI:10.1007/s40565-017-0328-6]
84. T. M. Gür, "Review of electrical energy storage technologies, materials and systems: challenges and prospects for large-scale grid storage," Energy & Environmental Science, vol. 11, no. 10, pp. 2696-2767, 2018. [DOI:10.1039/C8EE01419A]
85. F. A. Chacra, P. Bastard, G. Fleury, and R. Clavreul, "Impact of energy storage costs on economical performance in a distribution substation," IEEE Transactions on Power Systems, vol. 20, no. 2, pp. 684-691, 2005. [DOI:10.1109/TPWRS.2005.846091]
86. I. Gyuk, S. Eckroad, L. Mears, H. Gotschall, and H. Kamath, "EPRI-DOE handbook of energy storage for transmission and distribution applications," Environment, vol. 2, p. 512, 2003.
87. M. Alhaider and L. Fan, "Planning Energy Storage and Photovoltaic Panels for Demand Response With Heating Ventilation and Air Conditioning Systems," IEEE Transactions on Industrial Informatics, vol. 14, no. 11, pp. 5029-5037, Nov. 2018. [DOI:10.1109/TII.2018.2833441]
88. H. Xiao, W. Pei, Z. Dong and L. Kong, "Bi-level planning for integrated energy systems incorporating demand response and energy storage under uncertain environments using novel metamodel," CSEE Journal of Power and Energy Systems, vol. 4, no. 2, pp. 155-167, June 2018. [DOI:10.17775/CSEEJPES.2017.01260]



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Khademi V, Mehrabadi Z. Investing in small power technologies for smart grids using golf optimization algorithm: Economic analysis and review of different battery technologies. ieijqp 2024; 13 (3)
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