Abstract

We propose a model predictive control-based optimal offer and operation strategy for a photovoltaic (PV) farm consisting of PV panels and dual energy storage systems (ESS)s to maximize profits in the energy and regulation markets. Although a PV farm owner can better respond to regulation signals with an ESS, it cannot continuously respond to unidirectional regulation signals since the ESS is limited in size. Furthermore, the lifespan of the ESS might be reduced by alternating between charging and discharging because of regulation signals that fluctuate often. To improve the response, we use dual ESSs with separate signals: one small, fast ESS to respond to fluctuations, and one large, slow ESS to respond to unidirectional signals. We decompose the regulation signal into two signals: one for fast and one for slow frequencies based on power spectral density (PSD) analysis. We determine the optimal operation for dual ESSs to maximize the profit through a closed-loop model predictive control (MPC). We can also increase the lifespan of each ESS by limiting their state of charge (SOC) levels through the optimization constraints obtained from the PSD analysis so that the dual ESSs can operate a larger number of cycles. We verify our approach by adjusting the day-ahead (DA) market schedule in the real-time (RT) using the most recently predicted signals and errors between the DA and RT market situations. We show that our strategy incurs lower penalties by tracking the actual regulation signal in the RT market better than conventional approaches based on open-loop controls.

Highlights

  • Photovoltaic (PV) farm owners have maximized profits by selling PV outputs in the regulation market [1] in addition to the energy market [2]

  • We propose the model predictive control (MPC)-based optimal operation strategies for the PV farm with the dual Energy storage systems (ESS) to maximize the profit in the DA and RT energy and regulation markets

  • POWER SPECTRAL DENSITY we determine the constraints to control dual ESSs through the power spectral density (PSD) analysis so that they can respond to regulation sub-signals

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Summary

INTRODUCTION

Photovoltaic (PV) farm owners have maximized profits by selling PV outputs in the regulation market [1] in addition to the energy market [2]. We propose the MPC-based optimal operation strategies for the PV farm with the dual ESSs to maximize the profit in the DA and RT energy and regulation markets. By adding these constraints in the optimizer function, we can obtain the optimal strategy for PV farm owners so that they can reduce penalties and maximize profits while improving the availability and lifespan of each ESS.

POWER SPECTRAL DENSITY
POWER SPECTRAL DENSITY ESTIMATION
PSD DECOMPOSITION
CONSIDERATION OF SOC IN THE PSD ANALYSIS
REGULATION MARKET
MODEL PREDICTIVE CONTROL
Method MPC PSD
Findings
CONCLUSION
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