Optimal Planning and Investment Return Analysis of Grid-Side Energy Storage System Addressing Multi-Dimensional Grid Security Requirements

To address the challenges posed to the secure and reliable operation of the power grid under the “dual-carbon” goals, an optimal planning and investment return analysis method for grid-side energy storage system (GSESS) is proposed, with multi-dimensional grid security requirements being considered. By this method, a decision-making framework for the scientific planning of GSESS is provided, through which both technical and economic viability are balanced. Firstly, an evaluation indicator system for GSESS demand is established, in which loading stress, voltage quality, and renewable energy accommodation capacity are comprehensively considered. The candidate sites are then prioritized by a hybrid subjective-objective weighting method combined with the Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS). Subsequently, the top 10% most severe scenarios are identified from historical operational data, and a set of typical extreme scenarios is extracted using an improved K-means clustering algorithm. Based on these scenarios, an optimal capacity planning model incorporating multi-dimensional security constraints is formulated, and the final planning scheme is thereby determined. Furthermore, with the objective of maximizing net revenue from multiple application scenarios, an optimal operational model for GSESS is established. The life-cycle costs and benefits are quantified, and a comprehensive investment return analysis is conducted accordingly. Finally, the proposed methodology is validated through a case study based on the 220 kV substations in QZ City of China. It is demonstrated by the results that through the application of the derived planning scheme, the operational security of the power grid is significantly enhanced, and a promising outlook for investment returns is also exhibited.