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Rozali, N.E.M. Zaki, S.A.A.S.M. Ho, W.S. Liu, W.H. Wan Alwi, S.R. Manan, Z.A. Klemeš, J.J.
Original Title
Study of the Effects of Peak/Off-Peak Load Shifting on Hybrid Power System Storage Using Power Pinch Analysis
Type
conference paper
Language
English
Original Abstract
The difference in electricity pricing based on the time of power use has led to load shifting from peak to off-peak hours in hybrid power systems (HPS). Apart from optimising electricity cost, shifting of load may also change the capacity of storage in the system. Power Pinch Analysis has been recently applied to guide load shifting aiming to minimise the cost of electricity, considering the peak and off-peak electricity pricing. This work extends the study by scrutinising the effects of peak/off-peak load shifting on the capacity of storage in HPS. Shifting heuristics are developed to ensure optimal storage size is achieved. Results show that the proposed load shifting strategy from peak to off-peak hours has successfully minimised the costs of both the storage system and the electricity bill.
Keywords
Costs; Optimization; Power markets; Cost of electricity; Electricity bill; Electricity costs; Electricity pricing; Hybrid power systems; Hybrid power systems (HPS); Peak electricity; Storage systems; Cost benefit analysis;
Authors
Rozali, N.E.M.; Zaki, S.A.A.S.M.; Ho, W.S.; Liu, W.H.; Wan Alwi, S.R.; Manan, Z.A.; Klemeš, J.J.
Released
1. 10. 2017
Publisher
Italian Association of Chemical Engineering - AIDIC
ISBN
978-88-95608-51-8
Book
Chemical Engineering Transactions
2283-9216
Periodical
Number
61
State
Republic of Italy
Pages from
1519
Pages to
1524
Pages count
6
BibTex
@inproceedings{BUT146106, author="Rozali, N.E.M. and Zaki, S.A.A.S.M. and Ho, W.S. and Liu, W.H. and Wan Alwi, S.R. and Manan, Z.A. and Klemeš, J.J.", title="Study of the Effects of Peak/Off-Peak Load Shifting on Hybrid Power System Storage Using Power Pinch Analysis", booktitle="Chemical Engineering Transactions", year="2017", journal="Chemical Engineering Transactions", number="61", pages="1519--1524", publisher="Italian Association of Chemical Engineering - AIDIC", doi="10.3303/CET1761251", isbn="978-88-95608-51-8", issn="2283-9216" }