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Optimal Large-scale Storage Placement in Single Generator Single Load Networks

Thrampoulidis, Christos and Bose, Subhonmesh and Hassibi, Babak (2013) Optimal Large-scale Storage Placement in Single Generator Single Load Networks. In: 2013 Power and Energy Society General Meeting (PES). IEEE Power and Energy Society General Meeting PESGM. IEEE , Piscataway, NJ, pp. 1-5. ISBN 978-1-4799-1303-9. https://resolver.caltech.edu/CaltechAUTHORS:20140410-095815023

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Abstract

Large-scale storage will play an increasingly important role in future power grids. As a result, how to optimally place storage in such networks, is an important investment problem. Furthermore, since the allocation of storage resources is static, i.e., it is not feasible to move storage around in a dynamic fashion, it is important to derive optimal such allocations that are robust to the values of the load profiles and other network parameters, such as the line flow constraints. For a single generator single load network, and for a cost of generation that is quadratic in the generation power, we show that, for any given amount of storage resources, placing storage at the demand node is always optimal. This result is true regardless of the demand profile and flow constraints, and therefore is robust. As a byproduct of this result, for a fixed demand profile, we characterize the dependence of the optimal production cost on the flow constraints and on the available storage resources.


Item Type:Book Section
Related URLs:
URLURL TypeDescription
http://dx.doi.org/10.1109/PESMG.2013.6672589DOIArticle
http://ieeexplore.ieee.org/xpl/articleDetails.jsp?arnumber=6672589PublisherArticle
Additional Information:© 2013 IEEE. This work was supported in part by NSF under grants CCF-0729203, CNS-0932428 and CCF-1018927, NetSE grant CNS 0911041, Office of Naval Research MURI grant N00014-08-1-0747, Caltech Lee Center for Adv. Net., ARPA-E grant DE-AR0000226, Southern Cali. Edison, Nat. Sc. Council of Taiwan, R.O.C. grant NSC 101-3113-P-008-001, Resnick Inst., Okawa Foundation and Andreas Mentzelopoulos Scholarships for the Univ. of Patras. The authors gratefully acknowledge Prof. K. Mani Chandy at California Institute of Technology and Mr. Paul DeMartini from Resnick Institute for their helpful comments.
Group:Resnick Sustainability Institute
Funders:
Funding AgencyGrant Number
NSFCCF-0729203
NSFCNS-0932428
NSFCCF-1018927
NetSECNS 0911041
Office of Naval Research (ONR) MURI N00014-08-1-0747
Caltech Lee Center for Advanced NetworkingUNSPECIFIED
ARPA-EDE-AR0000226
Southern California EdisonUNSPECIFIED
National Science Council of TaiwanNSC 101-3113-P-008-001
Resnick Institute UNSPECIFIED
Okawa FoundationUNSPECIFIED
University of Patras Andreas Mentzelopoulos ScholarshipsUNSPECIFIED
Subject Keywords:Electricity storage, load shifting, storage placement
Series Name:IEEE Power and Energy Society General Meeting PESGM
Record Number:CaltechAUTHORS:20140410-095815023
Persistent URL:https://resolver.caltech.edu/CaltechAUTHORS:20140410-095815023
Official Citation:Thrampoulidis, C.; Bose, S.; Hassibi, B., "Optimal large-scale storage placement in single generator single load networks," Power and Energy Society General Meeting (PES), 2013 IEEE , vol., no., pp.1,5, 21-25 July 2013 doi: 10.1109/PESMG.2013.6672589
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:44849
Collection:CaltechAUTHORS
Deposited By: Ruth Sustaita
Deposited On:10 Apr 2014 18:22
Last Modified:03 Oct 2019 06:23

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