A Comprehensive Review on Energy Storage System Optimal Planning and Benefit Evaluation Methods in Smart Grids

Abstract

Smart grids are the ultimate goal of power system development. With access to a high proportion of renewable energy, energy storage systems, with their energy transfer capacity, have become a key part of the smart grid construction process. This paper first summarizes the challenges brought by the high proportion of new energy generation to smart grids and reviews the classification of existing energy storage technologies in the smart grid environment and the practical application functions of energy storage in smart grids. Secondly, optimization planning and the benefit evaluation methods of energy storage technologies in the three different main application scenarios, including the grid side, user side, and new energy side, are analyzed. The advantages and shortcomings of the current research are also pointed out. Furthermore, the paper sheds light on the pressing issues that demand further consideration in energy storage planning. Finally, the aspects that warrant attention in the future application and promotion processes are elucidated in detail, culminating in a comprehensive understanding of the energy storage technologies in smart grids.