2022
DOI: 10.1016/j.est.2022.105748
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Electricity storage requirements to support the transition towards high renewable penetration levels – Application to the Greek power system

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Cited by 21 publications
(6 citation statements)
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“…Regarding hybrid stations, the storage component of the station is assumed to be a lithium-ion battery energy storage system (BESS) with a round-trip efficiency of 85%, at the medium-voltage (MV) level, tightly coupled with the RES facility in the MV level. Market clearing prices, utilized in the optimization of the hybrid station operation, are the result of simulating the electricity market, using the fundamental optimization algorithm described in [59]. Figure 8 presents the daily average energy market price, which follows the so-called duck curve, with lower prices during the midday period and higher prices in the evening.…”
Section: Case Study Assumptionsmentioning
confidence: 99%
“…Regarding hybrid stations, the storage component of the station is assumed to be a lithium-ion battery energy storage system (BESS) with a round-trip efficiency of 85%, at the medium-voltage (MV) level, tightly coupled with the RES facility in the MV level. Market clearing prices, utilized in the optimization of the hybrid station operation, are the result of simulating the electricity market, using the fundamental optimization algorithm described in [59]. Figure 8 presents the daily average energy market price, which follows the so-called duck curve, with lower prices during the midday period and higher prices in the evening.…”
Section: Case Study Assumptionsmentioning
confidence: 99%
“…Another challenge with renewables is wind curtailment, which can be reduced with the application of PHS as a standing reserve, as analyzed for Turkey's electricity energy demand [45]. Study of the Greek power system proved that enough PHS capacity (1500 MW for analyzed scenario) can impact renewable energy curtailments to go below 1.2% for photovoltaics and 0.8% for wind farms [46].…”
Section: Hybrid Power Systems With Storagementioning
confidence: 99%
“…This allows for the management of long-duration HPP storage assets for power supply purposes and, most importantly, for securing the required water reserves for other purposes. Properly constructed rule curves are utilized as instruments to approximate the operation of HPPs in unit-commitment and economic dispatch optimization algorithms [16], while they also provide a baseline in resource adequacy studies to estimate the level of hydro plant contribution to resource adequacy [17]. Such rule curves are constructed based on several criteria, generally applied independently, including the maximization of hydropower production and the fulfillment of water supply, irrigation, and ecologic discharge obligations downstream of the plant [18,19].…”
Section: Introductionmentioning
confidence: 99%