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Korean Journal of Chemical Engineering

, Volume 36, Issue 1, pp 12–20 | Cite as

Design of a renewable energy system with battery and power-to-methanol unit

  • Riezqa Andika
  • Young KimEmail author
  • Choa Mun Yun
  • Seok Ho Yoon
  • Moonyong Lee
Process Systems Engineering, Process Safety
  • 94 Downloads

Abstract

An energy storage system consisting of a battery and a power-to-methanol (PtM) unit was investigated to develop an energy storage system for renewable energy systems. A nonlinear programming model was established to optimize the energy storage system. The optimal installation capacities of the battery and power-to-methanol units were determined to minimize the cost of the energy system. The cost from a renewable energy system was assessed for four configurations, with or without energy storage units, of the battery and the power-to-methanol unit. The proposed model was applied to the modified electricity supply and demand based on published data. The results show that value-adding units, such as PtM, need be included to build a stable renewable energy system. This work will significantly contribute to the advancement of electricity supply and demand management and to the establishment of a nationwide policy for renewable energy storage.

Keywords

Battery Energy Storage Electricity Supply and Demand Nonlinear Programming Power to Methanol Renewable Energy 

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Copyright information

© Korean Institute of Chemical Engineers, Seoul, Korea 2019

Authors and Affiliations

  • Riezqa Andika
    • 1
  • Young Kim
    • 2
    • 4
    Email author
  • Choa Mun Yun
    • 3
  • Seok Ho Yoon
    • 2
    • 4
  • Moonyong Lee
    • 1
    • 3
  1. 1.School of Chemical EngineeringYeungnam UniversityGyeongsanKorea
  2. 2.Department of Thermal SystemsKorea Institute of Machinery & MaterialsDaejeonKorea
  3. 3.Sherpa Space Inc.DaejeonKorea
  4. 4.Plant Systems and MachineryUniversity of Science and TechnologyDaejeonKorea

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