Title :
Determination of a dispatch strategy to maximize income for a wind turbine-BESS power station
Author :
Yao, D.L. ; Choi, S.S. ; Tseng, K.J. ; Lie, T.T.
Author_Institution :
Sch. of Electr. & Electron. Eng., Nanyang Technol. Univ., Singapore, Singapore
Abstract :
A dispatch strategy is proposed for the purpose of maximizing the income for a wind turbine - dual battery energy storage power station. The strategy takes into consideration the complex relationship between the efficiency of the battery and the BESS discharge level while meeting the prevailing power market rules. The technique requires an accurate forecast in both the variable wind power and electricity tariff. Solution to the optimization problem is based on an iterative computational procedure. A case study is included to demonstrate the main findings of this investigation.
Keywords :
battery storage plants; iterative methods; optimisation; power generation dispatch; power markets; tariffs; wind power plants; wind turbines; BESS power station; dispatch strategy; dual battery energy storage power station; electricity tariff forecast; iterative computational procedure; optimization problem; power market; variable wind power forecast; wind turbine; Energy storage; income maximization; power dispatch; wind generation;
Conference_Titel :
IPEC, 2010 Conference Proceedings
Conference_Location :
Singapore
Print_ISBN :
978-1-4244-7399-1
DOI :
10.1109/IPECON.2010.5697166