Electricity cost minimization in cooling systems with storage

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Load optimization with load shifting can be readily implemented with energy storage. In hot climates, cooling systems are a major factor in the electrical bill. Some systems have large reservoirs for cold water which can be used for pre-cooling and load shifting. A similiar setup is possible when optimizing cost of electrical heating with heat storage. This abstract examines and formally defines the problem as an MDP, and proposes a solution algorithm, for the problem of electricity cost minimization in the presence of storage, in the form of a large water tank.

Original languageEnglish
Title of host publication2016 IEEE International Conference on the Science of Electrical Engineering, ICSEE 2016
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781509021529
DOIs
StatePublished - 4 Jan 2017
Event2016 IEEE International Conference on the Science of Electrical Engineering, ICSEE 2016 - Eilat, Israel
Duration: 16 Nov 201618 Nov 2016

Publication series

Name2016 IEEE International Conference on the Science of Electrical Engineering, ICSEE 2016

Conference

Conference2016 IEEE International Conference on the Science of Electrical Engineering, ICSEE 2016
Country/TerritoryIsrael
CityEilat
Period16/11/1618/11/16

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