Daily Operation Optimization of a Hybrid Energy System Considering a Short-Term Electricity Price Forecast Scheme
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Outros Autores: | , , , |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.6/7054 |
Resumo: | The scenario where the renewable generation penetration is steadily on the rise in an increasingly atomized system, with much of the installed capacity “sitting” on a distribution level, is in clear contrast with the “old paradigm” of a natural oligopoly formed by vertical structures. Thereby, the fading of the classical producer–consumer division to a broader prosumer “concept” is fostered. This crucial transition will tackle environmental harms associated with conventional energy sources, especially in this age where a greater concern regarding sustainability and environmental protection exists. The “smoothness” of this transition from a reliable conventional generation mix to a more volatile and “parti-colored" one will be particularly challenging, given escalating electricity demands arising from transportation electrification and proliferation of demand-response mechanisms. In this foreseeable framework, proper Hybrid Energy Systems sizing, and operation strategies will be crucial to dictate the electric power system’s contribution to the “green” agenda. This paper presents an optimal power dispatch strategy for grid-connected/off-grid hybrid energy systems with storage capabilities. The Short-Term Price Forecast information as an important decision-making tool for market players will guide the cost side dispatch strategy, alongside with the storage availability. Different scenarios were examined to highlight the effectiveness of the proposed approach. |
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Daily Operation Optimization of a Hybrid Energy System Considering a Short-Term Electricity Price Forecast SchemeHybrid energy systemsOptimized dispatch strategyPhotovoltaic powerPumped-storage hydropowerShort-term price forecastingWind powerOptimized control strategyThe scenario where the renewable generation penetration is steadily on the rise in an increasingly atomized system, with much of the installed capacity “sitting” on a distribution level, is in clear contrast with the “old paradigm” of a natural oligopoly formed by vertical structures. Thereby, the fading of the classical producer–consumer division to a broader prosumer “concept” is fostered. This crucial transition will tackle environmental harms associated with conventional energy sources, especially in this age where a greater concern regarding sustainability and environmental protection exists. The “smoothness” of this transition from a reliable conventional generation mix to a more volatile and “parti-colored" one will be particularly challenging, given escalating electricity demands arising from transportation electrification and proliferation of demand-response mechanisms. In this foreseeable framework, proper Hybrid Energy Systems sizing, and operation strategies will be crucial to dictate the electric power system’s contribution to the “green” agenda. This paper presents an optimal power dispatch strategy for grid-connected/off-grid hybrid energy systems with storage capabilities. The Short-Term Price Forecast information as an important decision-making tool for market players will guide the cost side dispatch strategy, alongside with the storage availability. Different scenarios were examined to highlight the effectiveness of the proposed approach.MDPIuBibliorumBento, P.M.R.Nunes, H.G.G.Pombo, José Álvaro NunesCalado, M. do RosárioMariano, S.2019-05-02T13:08:29Z2019-032019-03-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.6/7054eng10.3390/en12050924metadata only accessinfo: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:RCAAP2023-12-15T09:46:07Zoai:ubibliorum.ubi.pt:10400.6/7054Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T00:47:39.318041Repositório 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 |
Daily Operation Optimization of a Hybrid Energy System Considering a Short-Term Electricity Price Forecast Scheme |
title |
Daily Operation Optimization of a Hybrid Energy System Considering a Short-Term Electricity Price Forecast Scheme |
spellingShingle |
Daily Operation Optimization of a Hybrid Energy System Considering a Short-Term Electricity Price Forecast Scheme Bento, P.M.R. Hybrid energy systems Optimized dispatch strategy Photovoltaic power Pumped-storage hydropower Short-term price forecasting Wind power Optimized control strategy |
title_short |
Daily Operation Optimization of a Hybrid Energy System Considering a Short-Term Electricity Price Forecast Scheme |
title_full |
Daily Operation Optimization of a Hybrid Energy System Considering a Short-Term Electricity Price Forecast Scheme |
title_fullStr |
Daily Operation Optimization of a Hybrid Energy System Considering a Short-Term Electricity Price Forecast Scheme |
title_full_unstemmed |
Daily Operation Optimization of a Hybrid Energy System Considering a Short-Term Electricity Price Forecast Scheme |
title_sort |
Daily Operation Optimization of a Hybrid Energy System Considering a Short-Term Electricity Price Forecast Scheme |
author |
Bento, P.M.R. |
author_facet |
Bento, P.M.R. Nunes, H.G.G. Pombo, José Álvaro Nunes Calado, M. do Rosário Mariano, S. |
author_role |
author |
author2 |
Nunes, H.G.G. Pombo, José Álvaro Nunes Calado, M. do Rosário Mariano, S. |
author2_role |
author author author author |
dc.contributor.none.fl_str_mv |
uBibliorum |
dc.contributor.author.fl_str_mv |
Bento, P.M.R. Nunes, H.G.G. Pombo, José Álvaro Nunes Calado, M. do Rosário Mariano, S. |
dc.subject.por.fl_str_mv |
Hybrid energy systems Optimized dispatch strategy Photovoltaic power Pumped-storage hydropower Short-term price forecasting Wind power Optimized control strategy |
topic |
Hybrid energy systems Optimized dispatch strategy Photovoltaic power Pumped-storage hydropower Short-term price forecasting Wind power Optimized control strategy |
description |
The scenario where the renewable generation penetration is steadily on the rise in an increasingly atomized system, with much of the installed capacity “sitting” on a distribution level, is in clear contrast with the “old paradigm” of a natural oligopoly formed by vertical structures. Thereby, the fading of the classical producer–consumer division to a broader prosumer “concept” is fostered. This crucial transition will tackle environmental harms associated with conventional energy sources, especially in this age where a greater concern regarding sustainability and environmental protection exists. The “smoothness” of this transition from a reliable conventional generation mix to a more volatile and “parti-colored" one will be particularly challenging, given escalating electricity demands arising from transportation electrification and proliferation of demand-response mechanisms. In this foreseeable framework, proper Hybrid Energy Systems sizing, and operation strategies will be crucial to dictate the electric power system’s contribution to the “green” agenda. This paper presents an optimal power dispatch strategy for grid-connected/off-grid hybrid energy systems with storage capabilities. The Short-Term Price Forecast information as an important decision-making tool for market players will guide the cost side dispatch strategy, alongside with the storage availability. Different scenarios were examined to highlight the effectiveness of the proposed approach. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-05-02T13:08:29Z 2019-03 2019-03-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.6/7054 |
url |
http://hdl.handle.net/10400.6/7054 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.3390/en12050924 |
dc.rights.driver.fl_str_mv |
metadata only access info:eu-repo/semantics/openAccess |
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metadata only access |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
MDPI |
publisher.none.fl_str_mv |
MDPI |
dc.source.none.fl_str_mv |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799136371979321344 |