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- W4382072289 abstract "Optimizing State of Charge for Storage Resources Storage of generated energy has existed as a contributing resource within the power sector for more than a century in the case of pumped hydro storage. Even though most regional transmission organizations/independent system operators do not currently optimize state of charge (SOC) for storage, the SOC is an essential aspect of the operating characteristics of storage. This paper investigates the impact on computational performance of optimizing storage with explicit representation of SOC. To investigate the model, the paper considers two contexts, stand-alone and large-scale. Analysis of the stand-alone context helps to explain why the combination of features in the storage model results in a difficult problem. Numerical results for large-scale test cases verify that new tighter valid inequalities can improve the computation compared with the standard model in the literature." @default.
- W4382072289 created "2023-06-27" @default.
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- W4382072289 date "2023-06-26" @default.
- W4382072289 modified "2023-09-24" @default.
- W4382072289 title "Optimization Formulations for Storage Devices with Disjoint Operating Modes" @default.
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- W4382072289 doi "https://doi.org/10.1287/opre.2023.2482" @default.
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