Optimum Integration of Solar Energy With Battery Energy Storage Systems
Published in IEEE Transactions on Engineering Management, 2020
To capture the impacts of long-term factors such as aging effects, inflation, and discounted economic returns, the complexity of MILP is high due to the long time horizon. A new low-complexity algorithm is then proposed by using dynamic programming, where it is shown that the MINLP problem can be transformed into one that satisfies Bellman’s principal of optimality.
Recommended citation: Y. Li and J. Wu, “Optimum integration of solar energy with battery energy storage systems,” IEEE Transactions on Engineering Management, 2020. https://ieeexplore.ieee.org/abstract/document/9019606