Code repo for our 2019 paper: Energy Storage in Madeira, Portugal: Co-optimizing for Arbitrage, Self-Sufficiency, Peak Shaving and Energy Backup
Authors: Md Umar Hashmi, Lucas Pereira, Ana Bu\v{s}i'c
INRIA, DI ENS, Ecole Normale Sup'erieure, CNRS, PSL Research University, Paris, France
Contact: umar.hashmi123@gmail.com
Goal of the paper: Energy storage application tailored according to LV prosumers contracts in Madeira in Portugal. System of relevance: Prosumers/Consumers with/without inelastic load and/or renewable generation in context of Madeira. Can be applicable for other networks!!
In this work we consider a prosumer with inelastic load and rooftop solar generation as DG and an energy storage battery. The battery serves four purposes: (i) increase self-consumption, thus reducing waste of excess generation if any, (ii) perform energy arbitrage, (iii) minimize the peak demand charge and (iv) maintain battery charge level for scheduled and/or anticipated power failures.
All code are implemented in MATLAB.