How are shared energy storage services allocated?

To enhance the use of the shared energy storage services across multiple renewable energy power stations and allocate the associated costs effectively, three different allocation methods are initially formulated, which include the uniform allocation method, the predictive weighted allocation method, and the dynamic weighted allocation method.

Is a uniform allocation method suitable for shared energy storage?

Furthermore, the viability of the suggested operational framework for shared energy storage and the methods for allocating costs are confirmed through numerical simulation. The findings indicate that the uniform allocation method represents the most straightforward approach for distributing costs evenly.

Should shared energy storage power stations be allocated?

This allocation method, although straightforward for the overall system to distribute the costs associated with the shared energy storage power station to each renewable energy power station involved, does not take into account the practical use rates of the shared energy storage services and may appear unjust to stakeholders.

How to allocate energy cost in an energy community?

In a previous study , three distinct methods for cost allocation in an energy community are proposed. These methods include: (1) flat energy pricing method, (2) time-of-use energy pricing method, and (3) segmented energy pricing method. These methods with energy part in the pricing structure are adopted.

How can shared energy storage reduce energy costs?

Reduce total costs by up to 36% through the dynamic weighted allocation method. The concept of shared energy storage in power generation side has received significant interest due to its potential to enhance the flexibility of multiple renewable energy stations and optimize the use of energy storage resources.

How important is the optimal operation of a shared energy storage system?

Hence, examining the optimal operation of the power system is exactly important when incorporating shared energy storage systems, as well as the associated dynamics and cost–benefit allocation among the participating entitiesd dynamics and cost–benefit allocation among the participating entities.