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Time-of-use (TOU) energy cost management involves the use of energy storage systems (ESSs) by customers to reduce their electricity bills. The ESS is charged during off-peak time periods, when electricity energy prices are low, and discharged during times when on-peak energy prices are applied. This article addresses the question whether it is economically viable to install medium-scale distributed ESSs designed to lower the electricity cost for a customer-side application, assuming flexible electricity tariffs. The technical/economical evaluation is carried out referring to lithium-ion (Li-ion), sodium sulfur (NaS) and vanadium redox battery (VRB) technologies, performing a parametric analysis by changing the capital cost of the batteries and the difference between the maximum and minimum electricity price. A case study is performed to show the advantages/disadvantages of the proposed approach. The analysis reveals that, at the current costs of ESSs, the use of batteries for TOU applications is economically advantageous for a public institution facility in Italy only if there is a significant difference between the maximum and the minimum electricity price. The decrease in the cost of storage, stimulated by the implementation of support policies, will make ESS even more convenient for load shifting applications. [ABSTRACT FROM AUTHOR]

Abstract: The subject addressed in this paper is the definition of some strategies for the design and the optimaized management of EES (Electrical Energy Storage) systems, for an existing islanded distribution network supplying the Island of Pantelleria (Italy) in the Mediterranean Sea. In the paper the authors have drawn interesting conclusions through the application of an efficient MO (multi-objective) optimization algorithm, the NSGA-II, minimizing the energy losses in the grid, the total electricity generation cost and the greenhouse gas emissions. The results obtained for different installation scenarios of the EES are presented and discussed, putting into evidence the technical, environmental and economical benefits of using EES as well as the technical issues connected to their installation into an existing distribution network. The paper describes in details the second part of a feasibility study about the transition from a “fuel-based” traditional centralized electrical system to an active and smart “renewables-based” electrical distribution system. [Copyright &y& Elsevier]

Tourist activity strongly influences the energy consumption and the overall load profile of communities with isolated energy systems. One example is hotel sectors on small islands that are not connected to mainland energy distribution grids. The use of solar energy systems could be a smart option for reducing energy consumption and tackling seasonal fluctuation. The operation of a weak and isolated electric grid requires attention to the management of power profiles in very short time frames. Energy storage (thermal or electric), as well as building automation control technologies, can be utilised for these aims. In this context, the present paper illustrates a study conducted at a hotel located on Lampedusa Island (Italy) that was considering some energy-retrofit scenarios dealing with the exploitation of renewable energy sources and building automation control technologies. The hotel is equipped with an air-to-water heat pump able to fulfil air conditioning and domestic hot water demands. Data concerning the hotel's energy consumption was measured during summer months while yearly data was provided by the local electric utility company. Detailed simulation models have been validated by this data and used to assess the efficacy of retrofit scenarios and their effects on the average daily electric profile. [ABSTRACT FROM AUTHOR]