Abstract

In this paper a techno-economic comparison of an energy storage system (ESS) sizing for three intermittent renewables, wind, wave and PV power, with regard to two electricity grid services is presented. The first service consists of output hourly smoothing, based on day-ahead power forecasts (S1). The second service supplies year-round guaranteed power (S2). This leads to an annual default time rate (DTR) for which the actual power supplied to the grid does not match the day-ahead power bid within a given tolerance. A heuristic optimization based on an Adaptive Storage Operation (ASO) scheduling is developed in this study. ASO enables the minimal 5%-DTR ESS capacity, power, energy and feed-in-tariffs to be inferred from the operating conditions, depending on tolerance. The simulations assess and compare the techno-economic viability and efficiency of every renewable sources coupled with ESS. PV power is more efficient with daylight hours restricted services and higher power levels can be guaranteed for S1. Wind and wave power are more suitable than PV for services dedicated to full-day power delivery, as in the case of S2. For hourly smoothing the forecast accuracy influence is studied and yields a high impact on techno-economic sizing.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.