A Study on the Effect of Energy Storage Systems and Distributed Generators on Reliability

Beopsoo Kim; Dayoung Lee; Nikita Rusetskii; Konstantin Shusterzon; Denis Sidorov; Minseok Song; Insu Kim

doi:10.23919/ICEMS52562.2021.9634523

A Study on the Effect of Energy Storage Systems and Distributed Generators on Reliability

Beopsoo Kim
, Dayoung Lee
, Nikita Rusetskii
, Konstantin Shusterzon
, Denis Sidorov
, Minseok Song
, Insu Kim

Inha University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

1 Scopus citations

Abstract

Recently, as many researchers introduced various methods and factors for distributed renewable energy resources and energy storage systems to the grid, the need for verification on their performance and effect to the grid is emerging. So, in this paper, we predict system marginal price (SMP) by using long short-term memory (LSTM) based on empirical data published by the Korea Power Exchange and the Korea Meteorological Administration. After then, this paper suggests an optimal energy storage system (ESS) operation strategy based on the predicted data and the dynamic programming (DP) algorithm. To verify the impact of the proposed operation strategy on power grid, a grid fault is simulated through OpenDSS to consider the power system reliability. As a result, the proposed algorithm was able to interpret the effect on the system when the ESS operator shows selfish behaviors to the system.

Original language	English
Title of host publication	ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems
Publisher	Institute of Electrical and Electronics Engineers Inc.
Pages	802-807
Number of pages	6
ISBN (Electronic)	9788986510218
DOIs	https://doi.org/10.23919/ICEMS52562.2021.9634523
State	Published - 2021
Externally published	Yes
Event	24th International Conference on Electrical Machines and Systems, ICEMS 2021 - Gyeongju, Korea, Republic of Duration: 31 Oct 2021 → 3 Nov 2021

Publication series

Name	ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems

Conference

Conference	24th International Conference on Electrical Machines and Systems, ICEMS 2021
Country/Territory	Korea, Republic of
City	Gyeongju
Period	31/10/21 → 3/11/21

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

Dynamic Programming (DP)
Energy Storage System (ESS)
Long Short-Term Memory(LSTM)
Reliability

Access to Document

10.23919/ICEMS52562.2021.9634523

Cite this

Kim, B., Lee, D., Rusetskii, N., Shusterzon, K., Sidorov, D., Song, M., & Kim, I. (2021). A Study on the Effect of Energy Storage Systems and Distributed Generators on Reliability. In ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems (pp. 802-807). (ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.23919/ICEMS52562.2021.9634523

Kim, Beopsoo ; Lee, Dayoung ; Rusetskii, Nikita et al. / A Study on the Effect of Energy Storage Systems and Distributed Generators on Reliability. ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems. Institute of Electrical and Electronics Engineers Inc., 2021. pp. 802-807 (ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems).

@inproceedings{bb43f11c31b2461eb884a7b2ade05288,

title = "A Study on the Effect of Energy Storage Systems and Distributed Generators on Reliability",

abstract = "Recently, as many researchers introduced various methods and factors for distributed renewable energy resources and energy storage systems to the grid, the need for verification on their performance and effect to the grid is emerging. So, in this paper, we predict system marginal price (SMP) by using long short-term memory (LSTM) based on empirical data published by the Korea Power Exchange and the Korea Meteorological Administration. After then, this paper suggests an optimal energy storage system (ESS) operation strategy based on the predicted data and the dynamic programming (DP) algorithm. To verify the impact of the proposed operation strategy on power grid, a grid fault is simulated through OpenDSS to consider the power system reliability. As a result, the proposed algorithm was able to interpret the effect on the system when the ESS operator shows selfish behaviors to the system.",

keywords = "Dynamic Programming (DP), Energy Storage System (ESS), Long Short-Term Memory(LSTM), Reliability",

author = "Beopsoo Kim and Dayoung Lee and Nikita Rusetskii and Konstantin Shusterzon and Denis Sidorov and Minseok Song and Insu Kim",

note = "Publisher Copyright: {\textcopyright} 2021 KIEE \& EMECS.; 24th International Conference on Electrical Machines and Systems, ICEMS 2021 ; Conference date: 31-10-2021 Through 03-11-2021",

year = "2021",

doi = "10.23919/ICEMS52562.2021.9634523",

language = "英语",

series = "ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems",

publisher = "Institute of Electrical and Electronics Engineers Inc.",

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}

Kim, B, Lee, D, Rusetskii, N, Shusterzon, K, Sidorov, D, Song, M & Kim, I 2021, A Study on the Effect of Energy Storage Systems and Distributed Generators on Reliability. in ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems. ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems, Institute of Electrical and Electronics Engineers Inc., pp. 802-807, 24th International Conference on Electrical Machines and Systems, ICEMS 2021, Gyeongju, Korea, Republic of, 31/10/21. https://doi.org/10.23919/ICEMS52562.2021.9634523

A Study on the Effect of Energy Storage Systems and Distributed Generators on Reliability. / Kim, Beopsoo; Lee, Dayoung; Rusetskii, Nikita et al.
ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems. Institute of Electrical and Electronics Engineers Inc., 2021. p. 802-807 (ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - A Study on the Effect of Energy Storage Systems and Distributed Generators on Reliability

AU - Kim, Beopsoo

AU - Lee, Dayoung

AU - Rusetskii, Nikita

AU - Shusterzon, Konstantin

AU - Sidorov, Denis

AU - Song, Minseok

AU - Kim, Insu

PY - 2021

Y1 - 2021

N2 - Recently, as many researchers introduced various methods and factors for distributed renewable energy resources and energy storage systems to the grid, the need for verification on their performance and effect to the grid is emerging. So, in this paper, we predict system marginal price (SMP) by using long short-term memory (LSTM) based on empirical data published by the Korea Power Exchange and the Korea Meteorological Administration. After then, this paper suggests an optimal energy storage system (ESS) operation strategy based on the predicted data and the dynamic programming (DP) algorithm. To verify the impact of the proposed operation strategy on power grid, a grid fault is simulated through OpenDSS to consider the power system reliability. As a result, the proposed algorithm was able to interpret the effect on the system when the ESS operator shows selfish behaviors to the system.

AB - Recently, as many researchers introduced various methods and factors for distributed renewable energy resources and energy storage systems to the grid, the need for verification on their performance and effect to the grid is emerging. So, in this paper, we predict system marginal price (SMP) by using long short-term memory (LSTM) based on empirical data published by the Korea Power Exchange and the Korea Meteorological Administration. After then, this paper suggests an optimal energy storage system (ESS) operation strategy based on the predicted data and the dynamic programming (DP) algorithm. To verify the impact of the proposed operation strategy on power grid, a grid fault is simulated through OpenDSS to consider the power system reliability. As a result, the proposed algorithm was able to interpret the effect on the system when the ESS operator shows selfish behaviors to the system.

KW - Dynamic Programming (DP)

KW - Energy Storage System (ESS)

KW - Long Short-Term Memory(LSTM)

KW - Reliability

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M3 - 会议稿件

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BT - ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems

PB - Institute of Electrical and Electronics Engineers Inc.

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ER -

Kim B, Lee D, Rusetskii N, Shusterzon K, Sidorov D, Song M et al. A Study on the Effect of Energy Storage Systems and Distributed Generators on Reliability. In ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems. Institute of Electrical and Electronics Engineers Inc. 2021. p. 802-807. (ICEMS 2021 - 2021 24th International Conference on Electrical Machines and Systems). doi: 10.23919/ICEMS52562.2021.9634523

A Study on the Effect of Energy Storage Systems and Distributed Generators on Reliability

Abstract

Publication series

Conference

UN SDGs

Keywords

Access to Document

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