Theoretically, multi-function forms of energy storage are also proposed in and BESS have also been explored significantly on their real power benefits such as peak shaving, load leveling, Vehicle-2-Grid (V2G) smart charger integration, and renewable energy integration [24, 25].
This paper proposes an FESPS developed on the basis of a shared energy storage concept, which can execute the dual functions of power flow regulation and energy storage.
For power grid enterprises, multi-point centralized medium and large-scale energy storage stations will be conducive to the reinforcement of the distribution network and the sustainable consumption of renewable energy.
In view of the aforementioned shortcomings, a flexible energy storage powers system (FESPS), featuring dual functions of power flow regulation and energy storage on the basis of the energy-sharing concept, has been proposed in this paper.
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