An integrated approach for optimal coordination of wind power and hydro pumping storage

Detalhes bibliográficos
Autor(a) principal: Castronuovo,ED
Data de Publicação: 2014
Outros Autores: Usaola,J, Ricardo Jorge Bessa, Manuel Matos, Costa,IC, Bremermann,L, Lugaro,J, Kariniotakis,G
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://repositorio.inesctec.pt/handle/123456789/5285
http://dx.doi.org/10.1002/we.1600
Resumo: The increasing wind power penetration in power systems represents a techno-economic challenge for power producers and system operators. Because of the variability and uncertainty of wind power, system operators require new solutions to increase the controllability of wind farm output. On the other hand, producers that include wind farms in their portfolio need to find new ways to boost their profits in electricity markets. This can be done by optimizing the combination of wind farms and storage so as to make larger profits when selling power (trading) and reduce penalties from imbalances in the operation. The present work describes a new integrated approach for analysing wind-storage solutions that make use of probabilistic forecasts and optimization techniques to aid decision making on operating such systems. The approach includes a set of three complementary functions suitable for use in current systems. A real-life system is studied, comprising two wind farms and a large hydro station with pumping capacity. Economic profits and better operational features can be obtained from the proposed cooperation between the wind farms and storage. The revenues are function of the type of hydro storage used and the market characteristics, and several options are compared in this study. The results show that the use of a storage device can lead to a significant increase in revenue, up to 11% (2010 data, Iberian market). Also, the coordinated action improves the operational features of the integrated system. Copyright (c) 2013 John Wiley & Sons, Ltd.
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spelling An integrated approach for optimal coordination of wind power and hydro pumping storageThe increasing wind power penetration in power systems represents a techno-economic challenge for power producers and system operators. Because of the variability and uncertainty of wind power, system operators require new solutions to increase the controllability of wind farm output. On the other hand, producers that include wind farms in their portfolio need to find new ways to boost their profits in electricity markets. This can be done by optimizing the combination of wind farms and storage so as to make larger profits when selling power (trading) and reduce penalties from imbalances in the operation. The present work describes a new integrated approach for analysing wind-storage solutions that make use of probabilistic forecasts and optimization techniques to aid decision making on operating such systems. The approach includes a set of three complementary functions suitable for use in current systems. A real-life system is studied, comprising two wind farms and a large hydro station with pumping capacity. Economic profits and better operational features can be obtained from the proposed cooperation between the wind farms and storage. The revenues are function of the type of hydro storage used and the market characteristics, and several options are compared in this study. The results show that the use of a storage device can lead to a significant increase in revenue, up to 11% (2010 data, Iberian market). Also, the coordinated action improves the operational features of the integrated system. Copyright (c) 2013 John Wiley & Sons, Ltd.2018-01-03T00:22:34Z2014-01-01T00:00:00Z2014info:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://repositorio.inesctec.pt/handle/123456789/5285http://dx.doi.org/10.1002/we.1600engCastronuovo,EDUsaola,JRicardo Jorge BessaManuel MatosCosta,ICBremermann,LLugaro,JKariniotakis,Ginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-05-15T10:20:30Zoai:repositorio.inesctec.pt:123456789/5285Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:53:15.047287Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv An integrated approach for optimal coordination of wind power and hydro pumping storage
title An integrated approach for optimal coordination of wind power and hydro pumping storage
spellingShingle An integrated approach for optimal coordination of wind power and hydro pumping storage
Castronuovo,ED
title_short An integrated approach for optimal coordination of wind power and hydro pumping storage
title_full An integrated approach for optimal coordination of wind power and hydro pumping storage
title_fullStr An integrated approach for optimal coordination of wind power and hydro pumping storage
title_full_unstemmed An integrated approach for optimal coordination of wind power and hydro pumping storage
title_sort An integrated approach for optimal coordination of wind power and hydro pumping storage
author Castronuovo,ED
author_facet Castronuovo,ED
Usaola,J
Ricardo Jorge Bessa
Manuel Matos
Costa,IC
Bremermann,L
Lugaro,J
Kariniotakis,G
author_role author
author2 Usaola,J
Ricardo Jorge Bessa
Manuel Matos
Costa,IC
Bremermann,L
Lugaro,J
Kariniotakis,G
author2_role author
author
author
author
author
author
author
dc.contributor.author.fl_str_mv Castronuovo,ED
Usaola,J
Ricardo Jorge Bessa
Manuel Matos
Costa,IC
Bremermann,L
Lugaro,J
Kariniotakis,G
description The increasing wind power penetration in power systems represents a techno-economic challenge for power producers and system operators. Because of the variability and uncertainty of wind power, system operators require new solutions to increase the controllability of wind farm output. On the other hand, producers that include wind farms in their portfolio need to find new ways to boost their profits in electricity markets. This can be done by optimizing the combination of wind farms and storage so as to make larger profits when selling power (trading) and reduce penalties from imbalances in the operation. The present work describes a new integrated approach for analysing wind-storage solutions that make use of probabilistic forecasts and optimization techniques to aid decision making on operating such systems. The approach includes a set of three complementary functions suitable for use in current systems. A real-life system is studied, comprising two wind farms and a large hydro station with pumping capacity. Economic profits and better operational features can be obtained from the proposed cooperation between the wind farms and storage. The revenues are function of the type of hydro storage used and the market characteristics, and several options are compared in this study. The results show that the use of a storage device can lead to a significant increase in revenue, up to 11% (2010 data, Iberian market). Also, the coordinated action improves the operational features of the integrated system. Copyright (c) 2013 John Wiley & Sons, Ltd.
publishDate 2014
dc.date.none.fl_str_mv 2014-01-01T00:00:00Z
2014
2018-01-03T00:22:34Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://repositorio.inesctec.pt/handle/123456789/5285
http://dx.doi.org/10.1002/we.1600
url http://repositorio.inesctec.pt/handle/123456789/5285
http://dx.doi.org/10.1002/we.1600
dc.language.iso.fl_str_mv eng
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instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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