The electricity price arbitrage from the utility grid can be a major source of revenue for energy storage systems. In most countries, the electricity price is tightly regulated by their government statutory authority or energy regulator to which obey the different power utility and distribution...

This paper develops a model which can be used to minimize the electricity cost of South African farms through the usage of a wind pump with pico hydro generator and a borehole in pumped hydro storage configuration referred to as "hydro aeropower". This model will optimally schedule the...

This paper deals with the optimal home energy management problem faced by a smart prosumer equipped with PV panels and storage systems. The stochastic programming framework is adopted with the aim of explicitly accounting for the inherent uncertainty affecting the main problem parameters (i.e....

Purpose – The purpose of this paper is to solve the maintenance management problems of generating units under the reliability criterion. Design/methodology/approach – The problem has been formulated as a combinatorial optimization task, with explicit and simultaneous treatment of multiple...

The increasing complexity of building energy systems integrated with renewable energy systems requires essentially more intelligent scheduling strategy. The energy systems often have strong non-linear characteristics and have discrete working ranges. The mixed-integer nonlinear programming...

Vehicle-to-grid (V2G) operation of plug-in electric vehicles (PEVs) is attracting increasing attention since it can assist to improve the efficiency and reliability of power grid, as well as reduce the operating cost and greenhouse gas emission of electric vehicles. Within the scheme of V2G...

This study has been attempted to present the state of art review on the research work carried out for the operation of wind and pumped storage plant (Wind–PSP) under deregulated market. Due to the uncertain characteristics of the wind, power generated by wind turbines is mostly variable and...

Due to the depletion of energy resources and global warming, renewable energies such as the solar collector (SC) and photovoltaic generation (PV), are gaining more widespread use in residential areas. In Japan, incentive to install these units for consumers is provided by governmental support...

A linear programming (LP) routine was implemented to model optimal energy storage dispatch schedules for peak net load management and demand charge minimization in a grid-connected, combined photovoltaic-battery storage system (PV+ system). The LP leverages PV power output and load forecasts to...

The optimal operation scheduling of a pumping station with multiple pumps is formulated as a dynamic programming problem. Based on the characteristics of the problem, an extended reduced dynamic programming algorithm (RDPA) is proposed to solve the problem. Both the energy cost and the...