Utility-Scale Shared Energy Storage: Business Models for Utility-Scale Shared Energy Storage Systems and Customer Participation
Due to climate change, supply scarcity, and society’s desire to expand access to electricity and improve energy-system resilience, there has been an increasing demand to invest in and use renewable energy sources (RESs) that are environmentally friendly, efficient, sustainable, and affordable. This has diversified and decentralized energy sources and increased their penetration.
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In light of the energy transition, it becomes a widespread solution to decentralize and to decarbonize energy systems. However, limited transformer capacities are a hurdle for large-scale integration of solar energy in the electricity grid. The aim of this paper is to define a novel concept of renewable energy hubs and to optimize its design strategy at the district scale in an appropriate computational time. To overcome runtime issues, the Dantzig–Wolfe decomposition method is applied to a mixed-integer linear programming framework of the renewable energy hub.Distributed energy units as well as centralized district units are considered.
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