Proceedings of the 2nd International Conference on Public Management, Digital Economy and Internet Technology, ICPDI 2023, September 1–3, 2023, Chongqing, China

Research Article

Effect Simulation under TOU Price Incentive for Ice Storage Air Conditioning Systems

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  • @INPROCEEDINGS{10.4108/eai.1-9-2023.2338804,
        author={Xu  Cheng and Dong  Yao and Junjie  Pan and Hui  Zhou and Fangze  Zhou},
        title={Effect Simulation under TOU Price Incentive for Ice Storage Air Conditioning Systems},
        proceedings={Proceedings of the 2nd International Conference on Public Management, Digital Economy and Internet Technology, ICPDI 2023, September 1--3, 2023, Chongqing, China},
        publisher={EAI},
        proceedings_a={ICPDI},
        year={2023},
        month={11},
        keywords={new power system ice storage air conditioning systems(isacs) peak-valley time-of-use electricity price price incentive demand response effect},
        doi={10.4108/eai.1-9-2023.2338804}
    }
    
  • Xu Cheng
    Dong Yao
    Junjie Pan
    Hui Zhou
    Fangze Zhou
    Year: 2023
    Effect Simulation under TOU Price Incentive for Ice Storage Air Conditioning Systems
    ICPDI
    EAI
    DOI: 10.4108/eai.1-9-2023.2338804
Xu Cheng1, Dong Yao2, Junjie Pan2, Hui Zhou3,*, Fangze Zhou3
  • 1: State Grid Jibei Electric Power Co. Ltd.
  • 2: State Grid Jibei Electric Power Co.Ltd.
  • 3: Beijing Jiaotong University
*Contact email: hzhou@bjtu.edu.cn

Abstract

To cope with great peak-valley difference, good technology, feasible price policy and satisfied policy effect are critical elements. Firstly, principles of ice storage air conditioning systems and its operation modes are introduced, main influencing factors which may affect every party participating in demand response(shorted as DR) program are also analyzed. Secondly, every party’s expected objective is discussed when an incentive peak-valley time-of-use(shorted as TOU) electricity price is designed, which is specially applied to ice storage air conditioning systems. Meanwhile, various physics and management constraints are also included. Finally, with Matlab platform, branch-and-bound method and ideal point method were used in solving peak-valley TOU price adjustment schemes under multiple scenarios. With simulation, corresponding effect for every price scheme is discussed, which will provide support for promoting ice storage air conditioning systems and also offer reference to other energy storage projects such as battery storage system.