Feasibility of a Battery Storage System for a Renewable Energy Park Operating with Price Arbitrage

被引:0
|
作者
Daggett, Adam [1 ]
Qadrdan, Meysam [1 ]
Jenkins, Nick [1 ]
机构
[1] Cardiff Univ, Sch Engn, Cardiff, S Glam, Wales
来源
2017 IEEE PES INNOVATIVE SMART GRID TECHNOLOGIES CONFERENCE EUROPE (ISGT-EUROPE) | 2017年
关键词
Battery Storage; Energy Arbitrage; Optimization;
D O I
暂无
中图分类号
TP3 [计算技术、计算机技术];
学科分类号
0812 ;
摘要
The employment of battery storage is recognized to be a solution for managing the variability of renewable energy sources in power systems. In this paper the feasibility of integrating a battery energy storage system (BESS) into a renewable energy park was investigated. The energy park consists of three wind turbines with a total generating capacity of 6MW and 2MW of solar photovoltaic panels. A maximum power export limit of 5 MW to the grid is enforced. The optimal size of the BESS was calculated to maximize the profit made by the energy park through participating in the electricity spot market. To do this, a linear optimization model embedded within a net present cash flow approach was developed. Optimal size of the battery storage capacity and optimal power rating of the inverter for different battery costs assumptions were examined.
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页数:6
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