Abstract

Energy storage is crucial for source-side renewable energy power plants for enhancing output stability and reducing mismatch between power generation and demand. However, installing large size energy storage systems for renewable energy plants may not be economic, due to high capital cost and ever-increasing human resources and maintenance cost. As a result, in this paper, a shared energy storage system among multiple wind farms is proposed to address this energy management challenge. A state-of-the-art wind power forecasting method with ensemble numerical weather prediction models is used to optimally determine the size of a shared energy storage system (ESS). A number of scenarios are performed to optimize and explore the energy storage size under different economic and storage resource sharing circumstances. The performance of ESS, namely the net revenue of power plants, is explored subject to ESS size and operating constraints of wind farms and power systems. Results of a case study show that sharing of energy storage among multiple wind farms and lower cost of storage progressively enhance the economic benefits of using storage to mitigate over-production/under-forecasting (thus curtailment) and under-production/over-forecasting scenarios.

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