Research Article
Effect Simulation under TOU Price Incentive for Ice Storage Air Conditioning Systems
@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
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.
