During the three time periods of 03:00–08:00, 15:00–17:00, and 21:00–24:00, the loads are supplied by the renewable energy, and the excess renewable energy is stored in the FESPS or/and transferred to the other buses. Table 1. Energy storage power station.
In addition, by leveraging the scaling benefits of power stations, the investment cost per unit of energy storage can be reduced to a value lower than that of the user’s investment for the distributed energy storage system, thereby reducing the total construction cost of energy storage power stations and shortening the investment payback period.
For power grid enterprises, multi-point centralized medium and large-scale energy storage stations will be conducive to the reinforcement of the distribution network and the sustainable consumption of renewable energy.
In view of the aforementioned shortcomings, a flexible energy storage powers system (FESPS), featuring dual functions of power flow regulation and energy storage on the basis of the energy-sharing concept, has been proposed in this paper.
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