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This paper presents a solution for energy storage system capacity configuration and renewable energy integration in smart grids using a multi-disciplinary optimization method. In an era of rising electricity costs, unpredictable peak demand charges, and growing pressure for energy independence, peak shaving energy storage is no longer. . Another benefit of building energy storage is its ability to support load shifting and peak shaving for building energy demand [7]. The short durations and high electricity. This proposed trading mechanism facilitates the optimal allocation of generation resources and improves the system-wide. . Peak shaving with Battery Energy Storage Systems (BESS) is a smart way to cut energy costs and reduce demand charges, especially in commercial and industrial settings. Peak. . become important in the future's smart grid. In cases where peak load coincide with electricity price peaks, peak shavi g can also provide a reduction of energy cost. The solution involves a hybrid prediction framework based on an improved grey regression neural network (IGRNN), which. .
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