EVALUATION METHOD FOR PEAK/OFF-PEAK PRICE FUNCTIONS IN ENERGY STORAGE TECHNOLOGIES.

Peter Vadasz, D. Weiner

Research output: Contribution to journalArticle

1 Citation (Scopus)

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 languageEnglish (US)
Pages (from-to)21-25
Number of pages5
JournalJournal of Energy Resources Technology, Transactions of the ASME
Volume109
Issue number1
StatePublished - Mar 1987
Externally publishedYes

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Energy storage
transform
Planning
evaluation method
method
energy storage
price
parameter
evaluation
planning

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Fuel Technology
  • Renewable Energy, Sustainability and the Environment

Cite this

EVALUATION METHOD FOR PEAK/OFF-PEAK PRICE FUNCTIONS IN ENERGY STORAGE TECHNOLOGIES. / Vadasz, Peter; Weiner, D.

In: Journal of Energy Resources Technology, Transactions of the ASME, Vol. 109, No. 1, 03.1987, p. 21-25.

Research output: Contribution to journalArticle

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