The quantity of electrical energy stored in an energy storage facility plays a critical role in sustaining the operation and functionality of energy storage systems. The power capacity of a facility can be determined by considering its output/input power, conversion efficiency, and self-discharge rate.
Subsequently, based on the optimal strategy for joint operation, with the maximization of economic benefits for energy storage system as the objective, a capacity optimization model is established. The NSGA-II algorithm is employed to determine the optimal capacity of the BESS, thereby achieving revenue maximization.
The optimal configuration for power and maximum continuous energy storage duration is determined to be 30.99 MW and 4.52 h, respectively. At this configuration, the average daily return is 2.362 × 10 5 yuan and the initial investment cost is 1.45 × 10 9 yuan. Fig. 20. Optimal solution selected by TOPSIS. Table 4. Optimal solution data.
The optimal capacity configuration and maximum continuous energy storage duration are determined through computational analysis, yielding values of 30.8 MW and 4.521 h, respectively. At this configuration, the daily average revenue is 2.362 × 10 5 yuan, the initial investment cost is 1.45 × 10 9 yuan, and the payback period is 4.562 years. 1.
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