Co-optimisation model for the long-term design and decision making in community level cloud energy storage system.

Deploying the cloud energy storage system (CESS) is an economic and efficient way to store excess photovoltaic generation and participate in demand response without personal investment on pricy energy storage equipment. It is a shared battery energy storage system (BESS) for local residential and small commercial consumers, which is designed and controlled by the CESS operator. Based on the profit purpose, the CESS operator not only pursues the most economic operating strategy, but also tries to minimize the total investment on the design stage. This paper considers the investment on the batteries, power conversion system, reactive power compensation equipment and the cost including battery degradation cost and operation cost. The electricity price uncertainty and the voltage deviation of the CESS node caused by power exchange are also considered. Moreover, the cases of a largely centralized energy storage system and multiple distributed energy storage systems are all modelled. Finally, an original robust cooptimization model is transferred to a mixed integer linear programming model (MILP) and solved in GAMS. Numerical results based on historical data from 300 residential consumers in Australia present that the battery degradation cost and price uncertainty can't be neglected. [ABSTRACT FROM AUTHOR]