A Near-Optimal Control Strategy for Cool Storage Systems with Dynamic Electric Rates (RP-1252)

A near-optimal control method was developed for charging and discharging of cool storage systems when real-time pricing (RTP) electric rates are available The algorithm requires relatively low-cost measurements (cooling load and storage state of charge), requires very little plantspecific information, is computationally simple, and ensures that building cooling requirements are always met (e.g., storage isn't prematurely depleted). The control method was evaluated for ice storage systems using a simulation tool for different combinations of cooling plants, storage sizes, buildings, locations, and RTP rates. The simplified method worked well in all cases and gave annual costs within approximately 2% of the minimum possible costs associated with optimal control.