Energy storage configuration considering user-shared costs in peak shaving auxiliary services with improved multi-objective particle swarm optimization

To enhance peak-shaving and valley-filling performance in residential microgrids while reducing the costs associated with energy storage systems, this paper selects retired power batteries as the storage solution, breaking through existing optimization models. This research incorporates the simultan...

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Main Authors: Yiyou Xing, Jin Shen, Xinru Li
Format: Article
Language:English
Published: AIP Publishing LLC 2025-04-01
Series:AIP Advances
Online Access:http://dx.doi.org/10.1063/5.0217859
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author Yiyou Xing
Jin Shen
Xinru Li
author_facet Yiyou Xing
Jin Shen
Xinru Li
author_sort Yiyou Xing
collection DOAJ
description To enhance peak-shaving and valley-filling performance in residential microgrids while reducing the costs associated with energy storage systems, this paper selects retired power batteries as the storage solution, breaking through existing optimization models. This research incorporates the simultaneous participation of multiple stakeholders, including consumers and energy storage providers, into the peak shaving process. It introduces an optimized configuration method for microgrid energy storage using retired power batteries, which also accounts for the equitable distribution of peak shaving auxiliary service costs among users. Moreover, an improved particle swarm optimization algorithm, specifically adapted for this model, is developed. The methodology begins with the introduction of mathematical models for power generation output, load calculations, and energy storage charging and discharging dynamics. The objective functions are designed to minimize both the cost of implementing the retired power battery storage system and the distribution of peak shaving auxiliary service costs among users. These functions are addressed using the improved multi-objective particle swarm optimization algorithm. This paper concludes with a case study of a residential microgrid, comparing and analyzing the economic and operational effectiveness of the proposed method. The simulation results corroborate the validity and efficacy of incorporating user cost-sharing for auxiliary peak shaving into the optimization of microgrid retired power battery storage configurations.
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spelling doaj-art-328e6abf968c46ea955167ef23f378762025-08-20T03:11:02ZengAIP Publishing LLCAIP Advances2158-32262025-04-01154045310045310-1410.1063/5.0217859Energy storage configuration considering user-shared costs in peak shaving auxiliary services with improved multi-objective particle swarm optimizationYiyou Xing0Jin Shen1Xinru Li2Business School Shanghai Dianji University, Shanghai 201306, ChinaBusiness School Shanghai Dianji University, Shanghai 201306, ChinaYanfeng Automotive Trim Systems Co., Ltd., Shanghai 200233, ChinaTo enhance peak-shaving and valley-filling performance in residential microgrids while reducing the costs associated with energy storage systems, this paper selects retired power batteries as the storage solution, breaking through existing optimization models. This research incorporates the simultaneous participation of multiple stakeholders, including consumers and energy storage providers, into the peak shaving process. It introduces an optimized configuration method for microgrid energy storage using retired power batteries, which also accounts for the equitable distribution of peak shaving auxiliary service costs among users. Moreover, an improved particle swarm optimization algorithm, specifically adapted for this model, is developed. The methodology begins with the introduction of mathematical models for power generation output, load calculations, and energy storage charging and discharging dynamics. The objective functions are designed to minimize both the cost of implementing the retired power battery storage system and the distribution of peak shaving auxiliary service costs among users. These functions are addressed using the improved multi-objective particle swarm optimization algorithm. This paper concludes with a case study of a residential microgrid, comparing and analyzing the economic and operational effectiveness of the proposed method. The simulation results corroborate the validity and efficacy of incorporating user cost-sharing for auxiliary peak shaving into the optimization of microgrid retired power battery storage configurations.http://dx.doi.org/10.1063/5.0217859
spellingShingle Yiyou Xing
Jin Shen
Xinru Li
Energy storage configuration considering user-shared costs in peak shaving auxiliary services with improved multi-objective particle swarm optimization
AIP Advances
title Energy storage configuration considering user-shared costs in peak shaving auxiliary services with improved multi-objective particle swarm optimization
title_full Energy storage configuration considering user-shared costs in peak shaving auxiliary services with improved multi-objective particle swarm optimization
title_fullStr Energy storage configuration considering user-shared costs in peak shaving auxiliary services with improved multi-objective particle swarm optimization
title_full_unstemmed Energy storage configuration considering user-shared costs in peak shaving auxiliary services with improved multi-objective particle swarm optimization
title_short Energy storage configuration considering user-shared costs in peak shaving auxiliary services with improved multi-objective particle swarm optimization
title_sort energy storage configuration considering user shared costs in peak shaving auxiliary services with improved multi objective particle swarm optimization
url http://dx.doi.org/10.1063/5.0217859
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AT jinshen energystorageconfigurationconsideringusersharedcostsinpeakshavingauxiliaryserviceswithimprovedmultiobjectiveparticleswarmoptimization
AT xinruli energystorageconfigurationconsideringusersharedcostsinpeakshavingauxiliaryserviceswithimprovedmultiobjectiveparticleswarmoptimization