2016
DOI: 10.1186/s41601-016-0021-1
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Cost Reduction of a Hybrid Energy Storage System Considering Correlation Between Wind and PV Power

Abstract: A hybrid energy storage system (HESS) plays an important role in balancing the cost with the performance in terms of stabilizing the fluctuant power of wind farms and photovoltaic (PV) stations. To further bring down the cost and actually implement the dispatchability of wind/PV plants, there is a need to penetrate into the major factors that contribute to the cost of the any HESS. This paper first discusses hybrid energy storage systems, as well as chemical properties in different medium, deeming the ramp rat… Show more

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Cited by 57 publications
(43 citation statements)
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“…Applying intelligent power consumption technologies to improve the utilization rate of distribution network equipment can significantly reduce the required distribution network investment. Renewable and sustainable energy is widely used in power industry due to its great development potential, cleanliness and low pollution [2]. However, the application of renewable and sustainable energy in power industry is affected by geography, weather and other factors, which can cause fluctuations of distribution network and result in unnecessary losses.…”
Section: Introductionmentioning
confidence: 99%
“…Applying intelligent power consumption technologies to improve the utilization rate of distribution network equipment can significantly reduce the required distribution network investment. Renewable and sustainable energy is widely used in power industry due to its great development potential, cleanliness and low pollution [2]. However, the application of renewable and sustainable energy in power industry is affected by geography, weather and other factors, which can cause fluctuations of distribution network and result in unnecessary losses.…”
Section: Introductionmentioning
confidence: 99%
“…In these circumstances, real time regulations of controllable devices should be applied to remain the voltage of important buses, which consequently also reduce undesirable DG curtailments and load shedding. DGs and energy storage systems (ESSs) have been investigated to achieve real-time voltage regulation in distribution networks [6][7][8][9][10][11][12]. Moreover, in order to increase transfer capacities and DG accommodations, some AC lines can be converted into DC ones and forms a hybrid AC/DC distribution network by connecting existing AC lines through voltage source converters (VSCs) [13].…”
Section: Introductionmentioning
confidence: 99%
“…An Optimal control management of ESSs is proposed to mitigate the fluctuation and intermittence of renewable generations in [10]. The correlation between DGs is considered in a hybrid energy storage system in [11]. Reference [12] establishes an optimal economic operation mode for community microgrid incorporating temperature controlling devices with DGs and ESS.…”
Section: Introductionmentioning
confidence: 99%
“…The relationships between active power P e that is supplied by the wind generation source and wind speed v are expressed as [14,20]:…”
Section: Wind Power Uncertainty Analysismentioning
confidence: 99%
“…In this paper, Frank Copula function [19][20][21][22] is considered as the connection function of joint probability distribution of wind farms. The respective distribution function and density function of Frank Copula can be expressed as:…”
Section: Copula Theory Correlation Analysis 231 Copula Function Defmentioning
confidence: 99%