Technical FAQs 4

What is shared energy storage?

Shared energy storage is applied to integrated energy systems, providing power auxiliary services to renewable energy and power grids within a certain region through interconnection, coordinated control, and overall management of power devices at different levels.

What is the pricing mechanism for shared energy storage?

Li et al. developed a pricing mechanism for shared energy storage based on the theory of finite rationality by considering wind and solar uncertainty, and proposed a coordinated control method for shared energy storage serving multiple community energy systems.

What happens if a source-storage integrated system cannot meet load demand?

When the equipment within the source-storage integrated system cannot meet the load demand, it is necessary to purchase electricity from the higher-level power grid. Conversely, when the load demand is met, and there is surplus electricity, profits are obtained by selling it to the higher-level power grid.

Can energy storage participate in peak shaving and frequency regulation?

Celik et al. proposed a coordinated optimization control method for energy storage participating in peak shaving and frequency regulation based on distributed photovoltaics and centralized energy storage. Lou et al. presented a peak shaving and frequency regulation coordinated optimization control method based on composite energy storage.

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