Research Article

Charge Scheduling of an Energy Storage System under Time-of-Use Pricing and a Demand Charge

Table 4

Comparison of simulation results for a single day.

Instance NO-ESS NPB RCGA
Case Rate Season Weather Day type Cost Cost Saving Ave. cost (Std.) Saving

1 Low Summer Sunny Weekday 83.69 68.76 18 63.87 (0.63) 24
2 Low Summer Sunny Weekend 82.28 65.42 20 62.90 (0.61) 24
3 Low Summer Cloudy Weekday 104.64 91.42 13 86.19 (1.09) 18
4 Low Summer Cloudy Weekend 111.40 107.71 3 98.32 (1.09) 12
5 Low Winter Sunny Weekday 185.43 161.05 13 150.08 (0.97) 19
6 Low Winter Sunny Weekend 176.93 152.00 14 140.67 (1.22) 20
7 Low Winter Cloudy Weekday 225.68 221.86 2 197.37 (0.74) 13
8 Low Winter Cloudy Weekend 233.26 233.26 0 207.44 (0.69) 11
9High Summer Sunny Weekday 94.37 79.44 16 71.75 (0.72) 24
10High Summer Sunny Weekend 92.47 75.44 18 70.43 (0.76) 24
11High Summer Cloudy Weekday 115.32 102.10 11 96.32 (1.20) 16
12High Summer Cloudy Weekend 121.42 117.73 3 108.42 (1.31) 11
13High Winter Sunny Weekday 201.45 176.88 12 163.75 (1.26) 19
14High Winter Sunny Weekend 192.56 166.84 13 153.75 (1.33) 20
15High Winter Cloudy Weekday 241.70 237.88 2 211.49 (1.09) 12
16High Winter Cloudy Weekend 248.89 248.89 0 221.26 (0.90) 11

NO-ESS is the cost with no ESS.
The NPB algorithm charges the battery when the generated power exceeds the load and discharges otherwise.
RCGA is our real-coded genetic algorithm (the average costs are obtained over 100 runs).
All costs are in US cents, and savings are percentages.
The saving for Algorithm is obtained using the formula, , where is the electricity cost incurred by Algorithm .