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Scheduling when Reservoirs are Batteries for Wind- and Solar-power

Scheduling when Reservoirs are Batteries for Wind- and Solar-power

Kategori
Tidsskriftspublikasjon
Sammendrag
In this paper we take the perspective of a competitive hydropower producer located in Southern Norway, and calculate the profitability of investing in a pumped storage facility in price-scenario for Europe in 2050. A methodology to analyze the combined supply of day-ahead energy and real-time balancing is described and applied. A sequential optimization for optimal supply in each market is applied, utilizing the same resource cost for hydropower. When supplying balancing energy in addition to the supply in the day-ahead market, total income increase by only 2.2%. However, the additional income because of the investment increases by 21%.
Oppdragsgiver
  • Norges forskningsråd / 228714
  • Norges forskningsråd / 193818
Språk
Engelsk
Forfatter(e)
Institusjon(er)
  • SINTEF Energi AS / Energisystemer
  • Rheinisch-Westfälische Technische Hochschule Aachen
  • Tyskland
  • Agder Energi
År
2016
Publisert i
Energy Procedia
ISSN
1876-6102
Årgang
87
Side(r)
173 - 180