Title :
Determination of optimum economic power commitment by wind farms equipped with energy storage system
Author :
Matee, Emanuel S. ; Radman, Ghadir
Author_Institution :
Dept. of Electr. & Comput. Eng., Tennessee Technol. Univ., Cookeville, TN, USA
Abstract :
Wind energy is an intermittent energy source; it is also a variable resource. In future electricity markets, wind farms may have to commit to deliver constant power for a given delivery period as any current conventional sources. Literatures have concentrated in the revision of current unit commitment formulation as a mean of integrating wind power in the grid network. Also, the use of energy storage system (ESS) has been suggested so as to reduce the variability of the wind output power. This paper proposes an optimization strategy to determine the optimum output power commitment by wind farms to the grid network so as to maximize the profit to the wind farm owner. Consideration is made to the wind farm output power, loss of life of ESS and market penalty costs. Microsoft Excel, MATLAB and Brute force method are used to solve this optimization problem.
Keywords :
energy storage; power generation dispatch; power generation economics; power generation scheduling; wind power plants; Brute force method; ESS; MATLAB; Microsoft Excel; energy storage system; grid network; intermittent energy source; optimization strategy; optimum economic power commitment determination; wind farms; Couplings; Discharges (electric); Wind speed; Wind turbines; Energy storage; optimization; wind farm; wind speed estimation and wind power estimation;
Conference_Titel :
SOUTHEASTCON 2014, IEEE
Conference_Location :
Lexington, KY
DOI :
10.1109/SECON.2014.6950687