In order to address the challenges associated with optimizing multi-timescale operations and allocating ultra-short-term energy storage for HWP integration, this study takes into account both the economic and reliability aspects of the HWP integration base. It proposes a model for optimizing operations and allocating energy storage capacity, achieving optimization across long-term, short-term, and ultra-short-term operations for an MECB. Initially, operation optimization is implemented for an entire group of terraced hydropower plants by regulating them with annual regulating capabilities on a long-term timescale. The objectives are to maximize the daily average minimum output and annual power generation. Subsequently, short-term operation optimization focuses on maximizing HWP power feed-in, minimizing new energy power curtailment, and reducing residual load standard deviation while ensuring the guaranteed output optimization results for the long term. Finally, to mitigate ultra-short-term fluctuations in new energy, a HESS with specified capacity and power is configured with the goal of minimizing comprehensive costs. Additionally, to address the challenge of smoothing negative fluctuations, which is hindered by charging and discharging efficiency limitations, a variable baseline is introduced, deviating from the conventional 0 MW baseline. A simulation study based on data from the hydro–wind–PV hybrid project in the Beipanjiang River Basin, China, demonstrates the following: (1) after long-term system optimization, the total power generation capacity of the system increases by 9.68%, while the peak-to-valley difference in output is significantly reduced; (2) short-term system optimization significantly reduces both the average variance in residual loads and the amount of power curtailed over five representative days; (3) the system incorporates 398.62 MWh of lithium-ion battery storage with a power of 412.47 MW and 51.09 MWh of supercapacitor storage with a power of 223.32 MW, which, together, completely smooth out the ultra-short-term fluctuations in new energy output.
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