Shared energy storage installation

What is a shared energy storage system?

The shared energy storage system is a commercial energy storage application model that integrates traditional energy storage technology with the sharing economy model.

What is the business model of a shared energy storage system?

The business model of the shared energy storage system is introduced, where microgrids can lease energy storage services and generate profits. The system is optimized using an economic double-layer optimization model that considers both operational and planning variables while also taking into account user demand.

Do shared energy storage operations save energy?

This study is mainly motivated to show the benefits of using shared energy storage operations in terms of electricity cost saving and energy storage use compared to individual energy storage operations in a residential community setting.

How can a shared energy storage policy be developed?

Through the analysis of the residential consumer data and the optimal shared energy storage operations resulting from the proposed mathematical optimization models, insight can be drawn for the development of a shared energy storage policy. 6.1. Assignment of consumers to energy storage

Should energy storage be shared?

Considering these aspects, there has been an increasing interest in sharing energy storage among individual consumers, specifically in a residential community. With shared energy storage, multiple consumers will have access to the energy storage by charging and discharging the energy storage depending on their own needs.

How do we integrate storage sharing into the design phase of energy systems?

We adopt a cooperative game approach to incorporate storage sharing into the design phase of energy systems. To ensure a fair distribution of cooperative benefits, we introduce a benefit allocation mechanism based on contributions to energy storage sharing.