Weighted Capacity Fading Based Dynamic Battery Charging Algorithm for Energy Trading

Avinash Sharma, Akshay Kumar Rathore, Rajesh Kumar

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

1 Citation (Scopus)

Abstract

The transition from conventional energy sources to distributed sources is inevitable. The bi-directional energy trading would play a crucial role in facilitating this transition. The paper proposes an energy transfer framework called Dynamic Battery Charging for energy trading between the grid and the end-user to utilize the battery system for generating monetary profit. Using the proposed energy transfer model the framework finds out the optimal battery charge state for the end-user. To further improve the performance of the framework, the DBC algorithm is clubbed together with a weighted capacity fading based battery cost model. The simulation results on the Ontario electricity market based load test case is enough to justify the utility of the proposed framework.

Original languageEnglish
Title of host publication2nd International Conference on Energy, Power and Environment
Subtitle of host publicationTowards Smart Technology, ICEPE 2018
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781538647691
DOIs
Publication statusPublished - 2 Jul 2018
Externally publishedYes
Event2nd International Conference on Energy, Power and Environment, ICEPE 2018 - Shillong, Meghalaya, India
Duration: 1 Jun 20182 Jun 2018

Publication series

Name2nd International Conference on Energy, Power and Environment: Towards Smart Technology, ICEPE 2018

Conference

Conference2nd International Conference on Energy, Power and Environment, ICEPE 2018
Country/TerritoryIndia
CityShillong, Meghalaya
Period1/06/182/06/18

Keywords

  • Battery Capacity Fading
  • Energy Trading
  • Smart Grid

ASJC Scopus subject areas

  • Control and Optimization
  • Energy Engineering and Power Technology
  • Computer Networks and Communications
  • Renewable Energy, Sustainability and the Environment

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