Abstract
A method of evaluation for peak/off-peak price functions in energy storage technologies is presented. The method is particularly useful in statical optimization of the fundamental parameters required for planning energy storage plants. Its application permits to transform the original dynamic optimization problem into a statical equivalent problem, thus reducing considerably the computing time needed. This transformation introduces two additional parameters to be optimized using statical optimization methods, i.e., charging and discharging duration.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 21-25 |
| Number of pages | 5 |
| Journal | Journal of Energy Resources Technology, Transactions of the ASME |
| Volume | 109 |
| Issue number | 1 |
| DOIs | |
| State | Published - Mar 1987 |
ASJC Scopus subject areas
- Renewable Energy, Sustainability and the Environment
- Fuel Technology
- Energy Engineering and Power Technology
- Mechanical Engineering
- Geochemistry and Petrology