DocumentCode
3480265
Title
Energy storage associated to wind farms in a two-tariff structure bidding tender
Author
Chacra, Fouad Abou ; Bastard, Patrick ; Fleury, Gilles
Author_Institution
SUPELEC - Gif sur Yvette, Gif-sur-Yvette
fYear
2005
fDate
27-30 June 2005
Firstpage
1
Lastpage
5
Abstract
In a tender for wind farm concession, energy prices must be determined by the bidding company to ensure wind energy project profitability. In a two-tariff structure tender, an energy storage system associated to the studied wind farm may, in some cases, presents an added value to the project by increasing its benefits while maintaining the same proposed energy prices. The project benefits are calculated as a function of the bidding prices and the energy storage system characteristics. Finally, this paper presents diagrams defining the above-mentioned project benefits and gives a comparative analysis of the economical performance of several energy storage technologies.
Keywords
energy storage; power generation economics; profitability; tariffs; bidding company; energy prices; energy storage system; two-tariff structure bidding tender; wind energy project profitability; wind farms; Batteries; Electronic switching systems; Energy consumption; Energy storage; Fuel economy; Performance analysis; Power generation economics; Power system economics; Wind energy; Wind farms; Energy storage; batteries; power system economics; wind energy;
fLanguage
English
Publisher
ieee
Conference_Titel
Power Tech, 2005 IEEE Russia
Conference_Location
St. Petersburg
Print_ISBN
978-5-93208-034-4
Electronic_ISBN
978-5-93208-034-4
Type
conf
DOI
10.1109/PTC.2005.4524348
Filename
4524348
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