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2023 | OriginalPaper | Chapter

10. Energy Pool Management Mechanisms

Authors : Rajvir Kaur, Saurabh Kumar, K. Vijayakumar

Published in: Optimal Planning and Operation of Distributed Energy Resources

Publisher: Springer Nature Singapore

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Abstract

In this chapter, mechanism for energy pool management is discussed. In the following sections of the chapter, the benefits and challenges of distributed energy resources (DER) are presented in detail. Further, the need of optimal sizing and energy management of energy pool is elaborated. Moreover, a case study on base station of telecom tower is carried out to demonstrate the impact of energy management on hybrid energy pool. Firstly, the optimal sizing of the system is implemented. A multi-objective optimal sizing problem is formulated to estimate the size of PV panels and battery bank. A macrocell telecom tower base station is considered having peak load of 3.5 kW. Three objectives are formulated which are: annualized cost of electricity (LCOE), loss of power supply probability (LPSP), and excess energy generation (EE). Further, a VES-based DRM is implemented, and the performance of the system is evaluated based on the performance index defined. A VES-based DRM algorithm is implemented on same random day which align the turn on and off of air conditioner with respect to availability of PV generation. Moreover, the comparative analysis is carried out to validate the effectiveness of VES-based DRM over without VES-based DRM.

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Title: Energy Pool Management Mechanisms
Authors: Rajvir Kaur
Saurabh Kumar
K. Vijayakumar
Publisher: Springer Nature Singapore
Book: Optimal Planning and Operation of Distributed Energy Resources
Print ISBN: 978-981-9927-99-9

Electronic ISBN: 978-981-9928-00-2

Copyright Year: 2023
DOI: https://doi.org/10.1007/978-981-99-2800-2_10