Skip to Main content Skip to Navigation
Conference papers

Management of energy storage coordinated with wind power under electricity market conditions

Abstract : Under electricity market operation, the competitiveness of wind power generation may be reduced because of the stochastic nature of the wind resource, which often results in increased regulation costs. The negative impact associated to the stochastic nature of the wind resource may be reduced by coupling the wind farm with energy storage facilities, thus constituting a virtual power plant. In this paper, a novel method is proposed for scheduling and operating such a plant in an electricity market environment. The proposed method is able to take advantage of existing market opportunities for increasing operational profits while smoothing out energy imbalances caused by the errors associated to wind power forecasts. The results obtained for a test case based on real-world data for a whole year of operation are compared and discussed.
Document type :
Conference papers
Complete list of metadatas

https://hal-mines-paristech.archives-ouvertes.fr/hal-00506083
Contributor : Magalie Prudon <>
Submitted on : Tuesday, July 27, 2010 - 10:28:11 AM
Last modification on : Thursday, September 24, 2020 - 5:22:03 PM

Identifiers

  • HAL Id : hal-00506083, version 1

Citation

Luis Costa, Franck Bourry, Jérémie Juban, Georges Kariniotakis. Management of energy storage coordinated with wind power under electricity market conditions. 10th International Conference on Probabilistic Methods Applied to Power Systems, May 2008, Rincon, Puerto Rico. Pages 259-266 - ISBN: 978-1-9343-2521-6 - http://ieeexplore.ieee.org/. ⟨hal-00506083⟩

Share

Metrics

Record views

94