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Development of Optimal Energy Storage System Sizing Algorithm for Photovoltaic Supplier in South Korea
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dc.contributor.authorOh, Seongmun-
dc.contributor.authorKong, Junhyuk-
dc.contributor.authorLee, Wonjun-
dc.contributor.authorJung, Jaesung-
dc.date.issued2018-12-21-
dc.identifier.urihttps://aurora.ajou.ac.kr/handle/2018.oak/36311-
dc.identifier.urihttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85060793205&origin=inward-
dc.description.abstractThe South Korean government makes huge efforts to accelerate the utilization of Energy Storage System (ESS) along with renewable energy generation. In this manner, this paper presents the optimal ESS sizing algorithm for Photovoltaic (PV) supplier under current government policy and compensation rule. This algorithm determines if the installation of ESS is beneficial and then, suggests the optimal size of ESS to maximize the revenue when PV generator combines with ESS. The actual PV generation profiles are used to verify the effectiveness of the proposed algorithm.-
dc.description.sponsorshipACKNOWLEDGMENT This work was supported by the Korea Institute of Energy Technology Evaluation and Planning(KETEP) and the Ministry of Trade, Industry & Energy(MOTIE) of the Republic of Korea (No. 20172410100040).-
dc.language.isoeng-
dc.publisherIEEE Computer Society-
dc.subject.meshEnergy storage systems-
dc.subject.meshKorean Government-
dc.subject.meshOptimal energy-
dc.subject.meshOptimal ESS Sizing-
dc.subject.meshRenewable energy certificates-
dc.subject.meshRenewable energy generation-
dc.subject.meshSizing algorithms-
dc.subject.meshSystem marginal price-
dc.titleDevelopment of Optimal Energy Storage System Sizing Algorithm for Photovoltaic Supplier in South Korea-
dc.typeConference-
dc.citation.conferenceDate2018.8.5. ~ 2018.8.10.-
dc.citation.conferenceName2018 IEEE Power and Energy Society General Meeting, PESGM 2018-
dc.citation.edition2018 IEEE Power and Energy Society General Meeting, PESGM 2018-
dc.citation.titleIEEE Power and Energy Society General Meeting-
dc.citation.volume2018-August-
dc.identifier.bibliographicCitationIEEE Power and Energy Society General Meeting, Vol.2018-August-
dc.identifier.doi10.1109/pesgm.2018.8586289-
dc.identifier.scopusid2-s2.0-85060793205-
dc.identifier.urlhttp://ieeexplore.ieee.org/xpl/conferences.jsp-
dc.subject.keywordEnergy Storage System (ESS)-
dc.subject.keywordOptimal ESS Sizing-
dc.subject.keywordRenewable Energy Certificate (REC)-
dc.subject.keywordSystem Marginal Price (SMP)-
dc.type.otherConference Paper-
dc.description.isoafalse-
dc.subject.subareaEnergy Engineering and Power Technology-
dc.subject.subareaNuclear Energy and Engineering-
dc.subject.subareaRenewable Energy, Sustainability and the Environment-
dc.subject.subareaElectrical and Electronic Engineering-
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Jung, Jaesung 정재성
Department of Electrical and Computer Engineering
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