Real-Time Energy Management for Net-Zero Power Systems Based on Shared Energy Storage

Abstract

Battery energy storage systems (BESSs) serve a crucial role in balancing energy fluctuations and reducing carbon emissions in net-zero power systems. However, the efficiency and cost performance have remained significant challenges, which hinders the widespread adoption and development of BESSs. To address these challenges, this paper proposes a real-time energy management scheme that considers the involvement of prosumers to support net-zero power systems. The scheme is based on two shared energy storage models, referred to as energy storage sale model and power line lease model. The energy storage sale model balances real-time power deviations by energy interaction with the goal of minimizing system costs while generating revenue for shared energy storage providers (ESPs). Additionally, power line lease model supports peer-to-peer (P2P) power trading among prosumers through the power lines laid by ESPs to connect each prosumer. This model allows ESP to earn profits from the use of power lines while balancing power deviations and better consuming renewable energy. Experimental results validate the effectiveness of the proposed scheme, ensuring stable power supply for net-zero power systems and providing benefits for both the ESP and prosumers.

Keywords

• Shared energy storage
• energy storage provider (ESP)
• energy management
• peer-to-peer (P2P) trading
• net-zero power system