Title :
Multi-criteria optimization of an energy storage system within a Virtual Power Plant architecture
Author :
Lombardi, P. ; Stötzer, M. ; Styczynski, Z. ; Orths, A.
Author_Institution :
Inst. for Electr. Power Syst., Otto-von-Guericke Univ., Magdeburg, Germany
Abstract :
This work aims to design the optimal energy storage capacity for Virtual Power Plant (VPP) architecture with a high degree of penetration of Renewable Energy Sources (RES). In order to achieve this target a multi-criteria analysis was performed. Economical issues as well as the reliability of the VPP are the main criteria taken into consideration. Sensitivity analyses were conducted to evaluating the robustness of the obtained results.
Keywords :
optimisation; power generation economics; power generation reliability; power plants; sensitivity analysis; economical issues; multicriteria optimization; optimal energy storage capacity; renewable energy sources; sensitivity analyses; virtual power plant architecture; Batteries; Electricity; Energy management; Sensitivity analysis; Wind farms; Wind power generation; Energy storage system; multi-criteria optimization; renewable energy sources; virtual power plant;
Conference_Titel :
Power and Energy Society General Meeting, 2011 IEEE
Conference_Location :
San Diego, CA
Print_ISBN :
978-1-4577-1000-1
Electronic_ISBN :
1944-9925
DOI :
10.1109/PES.2011.6039347
