• 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