The DOI matches its Crossref record.
Optimal Allocation and Economic Analysis of Energy Storage System in Microgrids
Abstract
This paper presents a methodology for the optimal allocation and economic analysis of energy storage system (ESS) in microgrids (MGs) on the basis of net present value (NPV). As the performance of an MG strongly depends on the allocation and arrangement of its ESS, optimal allocation methods and economic operation strategies of the ESS devices are required for the MG. To optimize the operation strategies and capacities of ESS in MGs, the financial benefit and dynamic models of ESS are discussed. And then, a matrix real-coded genetic algorithm is applied to find maximal NPV, in which each GA chromosome consists of a 2-D real number matrix representing the generation schedule of ESS and distributed generation sources. This paper is to suggest, among those available ESS, the optimal sizes and types of them and their optimal arrangement, such that the total NPV achieved during the system operational lifetime period is maximized. Finally, some computational simulation results are presented to verify the effectiveness of the proposed method.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cited by
Hybrid Optimization for Economic Deployment of ESS in PV-Integrated EV Charging Stations
Chaudhari, K., Ukil, A., Kumar, K. N., Manandhar, U., & Kollimalla, S. K. (2018) · IEEE Transactions on Industrial Informatics · doi:10.1109/tii.2017.2713481 · Cited by 384
Economic Allocation for Energy Storage System Considering Wind Power Distribution
Wen, S., Lan, H., Fu, Q., Yu, D. C., & Zhang, L. (2015) · IEEE Transactions on Power Systems · doi:10.1109/tpwrs.2014.2337936 · Cited by 287
Zidar, M., Georgilakis, P. S., Hatziargyriou, N. D., Capuder, T., & Škrlec, D. (2016) · IET Generation, Transmission & Distribution · doi:10.1049/iet-gtd.2015.0447 · Cited by 275
Nick, M., Cherkaoui, R., & Paolone, M. (2018) · IEEE Transactions on Power Systems · doi:10.1109/tpwrs.2017.2734942 · Cited by 200
Metadata
- Authors
- Chen, C., Duan, S., Cai, T., Liu, B., & Hu, G.
- Venue
- IEEE Transactions on Power Electronics
- Published
- 2011-10
- Volume
- 26
- Issue
- 10
- Pages
- 2762-2773
- ISSN
- 0885-8993 (ISSN-L)
- 1941-0107
- OpenAlex
- W2119498609
- Cited by
- 369
- References
- 0
- FWCI
- 29.11
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Optimal Allocation and Economic Analysis of Energy Storage System in Microgrids. https://app.cochat.ai/papers/10.1109/tpel.2011.2116808
- The paper
- Chen, C., Duan, S., Cai, T., Liu, B., & Hu, G. (2011). Optimal Allocation and Economic Analysis of Energy Storage System in Microgrids. IEEE Transactions on Power Electronics. https://doi.org/10.1109/tpel.2011.2116808
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
