Optimal Operation of Energy Storage Using Linear Programming Technique

The utility deregulation allows a small power producing facility to operate in parallel with a local electric grid, thus making it possible to buy and sell energies under the spot prices to the power grid. This paper deals with the optimal operation of an energy storage unit when it is installed in a small power producing facility. The assumption of the modified Gaussian distribution for the electric load and a binomial distribution for the on-site generation and the power grid are used in determining the optimal operation of energy storage unit and the optimal initial storage energy level.