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Stochastic optimization techniques for the optimal combination of wind power generation and energy storage in a market environment

Abstract : This paper proposes a new method, based on stochastic optimization, for managing the operation of a wind farm in conjunction with energy storage. The main objective is to maximize the benefit of the joint operation of wind generators and energy storage devices, while considering the stochastic nature of wind power production and electricity market prices. The paper presents results of the application of the methodology in decision-making processes related to wind power management.
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Submitted on : Tuesday, July 27, 2010 - 10:18:06 AM
Last modification on : Thursday, September 24, 2020 - 5:22:03 PM
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  • HAL Id : hal-00506077, version 1

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Luis Costa, Franck Bourry, Georges Kariniotakis. Stochastic optimization techniques for the optimal combination of wind power generation and energy storage in a market environment. European Wind Energy Conference & Exhibition EWEC 2008, Mar 2008, Brussels, Belgium. 10 p. ⟨hal-00506077⟩

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