JOURNAL OF LATEX CLASS FILES, VOL. 14, NO. 8, MARCH 2020 1 Optimal Design of Home Energy Storage System Abstract—Home battery plays a significant role in improving the usage of PV based renewable energy resources while main- taining the local stability of power grid. This essay aims to design a smart home battery which can intelligently response to the price. I. BACKGROUND (5 MARKS) With the increasing interest in Net-zero target, it aims to improve the economic potential of home battery system through AI technique and optimisation algorithm. Energy storage can be both a generation and a load. When there is an excess energy exported from household PV genera- tions, neighbours without a PV panel can buy it to satisfy their demands which is referred as p2p energy trading. When there is a network load congestion during the peak hours, demand management can be applied for shaving the peak. Aggregated household PV generations The FACS market allows AMEO to manage the power system around 50Hz which requires the supply-demand balance across the national electricity market. Utility for local distribution network is referred to store excess energy exported from household PV generations which may cause overvoltage issues in distribution network. More- over, during the peak hours, the network load congestion can be largely relieved by discharging community storage to avoid an expensive network upgrade. Utility also can come from keeping the electricity service during outage or maintenance. Fig. 1 illustrates system structure where a community en- ergy storage system (CESS) is managed by energy manage- ment system for providing energy services to the commercial and the residential customers. These customers can own a roof PV and small scale CESS which may produce a rebate for providing service to the grid or his neighbors. The aggregated PV power output could be given in Fig. 5 while the aggregated load could be shown in Fig. 3. II. SMART HOME BATTERY SYSTEM A. Task 1: Load forecasting (7 MARKS) Given a dataset from VIC, please choose one house where a roof PV is installed. Thus it has power injected into the grid. Please use a time series forecasting algorithm to predict the load which may include the power injected into grid. B. Task 2: Home Battery (8 MARKS) Given the parameter of the battery in Tab. I, please design an optimisation model for the optimal sizing of the home battery according to the time-of-use pricing tariff. Here, we assume that the price will be not changed over the time and there is no transaction fee for selling energy into the grid or the neighbours. C. Task 3: Payback (5 MARKS) After obtained this optimal size, what is the likely payback period on this home battery? JOURNAL OF LATEX CLASS FILES, VOL. 14, NO. 8, MARCH 2020 2 Fig. 1. The architecture of the smart home system TABLE I BATTERY MODEL PARAMETERS Efficiency (discharging/charging) Value SoC Operation Parameter Value nd/nc 0.95 SoCmax/SoCmin 0.8/0.2 Unit price $700 per kWh Installation cost $ 1000 warranty 10 years Maintenance cost $ 20 per kWh×year Fig. 2. Generation data. Fig. 3. Demand data. Fig. 4. Winter Summer TOU Tariff in NSW. Fig. 5. Summer TOU Tariff in NSW.
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