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Spatiotemporal Arbitrage of Large-Scale Portable Energy Storage for Grid Congestion Relief

descriptionPublicationkeyboard_double_arrow_right Conference object , Article , Preprint 01 Aug 2019Embargo end date: 01 Jan 2018Publisher:IEEEJournal:2019 IEEE Power & Energy Society General Meeting (PESGM)

Authors: Da Zhang; Xidong Pi; Guannan He; Qixin Chen; Jay Whitacre; Soummya Kar;

doi: 10.1109/pesgm40551.2019.8973457 , 10.48550/arxiv.1811.09924

arXiv: http://arxiv.org/abs/1811.09924 , 1811.09924

Spatiotemporal Arbitrage of Large-Scale Portable Energy Storage for Grid Congestion Relief

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Abstract

Energy storage has great potential in grid congestion relief. By making large-scale energy storage portable through trucking, its capability to address grid congestion can be greatly enhanced. This paper explores a business model of large-scale portable energy storage for spatiotemporal arbitrage over nodes with congestion. We propose a spatiotemporal arbitrage model to determine the optimal operation and transportation schedules of portable storage. To validate the business model, we simulate the schedules of a Tesla Semi full of Tesla Powerpack doing arbitrage over two nodes in California with local transmission congestion. The results indicate that the contributions of portable storage to congestion relief are much greater than that of stationary storage, and that trucking storage can bring net profit in energy arbitrage applications.

Submitted to IEEE PES GM 2019; 5 pages,4 figures

Related Organizations

Tsinghua University
China (People's Republic of)
Carnegie Mellon University
United States
Massachusetts Institute of Technology
United States

Keywords

Systems and Control (eess.SY), Electrical Engineering and Systems Science - Systems and Control, Optimization and Control (math.OC), FOS: Electrical engineering, electronic engineering, information engineering, FOS: Mathematics, Mathematics - Optimization and Control

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	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Average
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average