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This paper investigates the energy management problem for multipleself-interested users, each with renewable energy generation as well as boththe fixed and controllable loads, that all share a common energy storage system(ESS). The self-interested users are willing to sell/buy energy to/from theshared ESS if they can achieve lower energy costs compared to the case of noenergy trading while preserving their privacy e.g. sharing only limitedinformation with a central controller. Under this setup, we propose aniterative algorithm by which the central controller coordinates thecharging/discharging values to/from the shared ESS by all users such that theirindividual energy costs reduce at the same time. For performance benchmark, thecase of cooperative users that all belong to the same entity is considered,where they share all the required information with the central controller so asto minimize their total energy cost. Finally, the effectiveness of our proposedalgorithm in simultaneously reducing users' energy costs is shown viasimulations based on realistic system data of California, US.

Energy Management for Demand Responsive Users with Shared Energy Storage System