2018
DOI: 10.1016/j.apenergy.2017.12.120
|View full text |Cite
|
Sign up to set email alerts
|

The combined value of wind and solar power forecasting improvements and electricity storage

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

0
31
0

Year Published

2019
2019
2024
2024

Publication Types

Select...
6
2
1

Relationship

0
9

Authors

Journals

citations
Cited by 91 publications
(31 citation statements)
references
References 29 publications
0
31
0
Order By: Relevance
“…Improved and/or integrated forecasts of wind, solar, and water (for hydropower and pumped storage) support decision-making and optimization of power generation and storage (charging and discharging), as well as energy market operations (Hodge et al 2018). Improved forecasting of temperature, irradiance, and wind speed and direction can support dynamic transmission line rating.…”
Section: Innovations To Increase System Valuementioning
confidence: 99%
“…Improved and/or integrated forecasts of wind, solar, and water (for hydropower and pumped storage) support decision-making and optimization of power generation and storage (charging and discharging), as well as energy market operations (Hodge et al 2018). Improved forecasting of temperature, irradiance, and wind speed and direction can support dynamic transmission line rating.…”
Section: Innovations To Increase System Valuementioning
confidence: 99%
“…PV p (t) + WT p (t) + P ds b (t) − P ch b (t) = PL(t) for case 1 (15) where PL is the load demand, P ds b (t) and P ch b (t) is the BESS discharging and charging power.…”
Section: Constraintsmentioning
confidence: 99%
“…A precise outlook of the expected generated power profile helped the system operator to achieve an efficient flexibility option for reliable operation planning by the utilities [13,14]. This involves intelligently scheduling the BESS operation to charge during peak generation periods and supplement the grid deficiencies during low power generation hours [15].…”
Section: Introductionmentioning
confidence: 99%
“…This is an optimisation exercise which minimises total system costs by incorporating all relevant technical and financial operational characteristics of the supply and demand-side resources present in the power system. The approach taken is similar to that in (Hodge et al, 2018;Wang et al, 2016). The production-cost model applies a two-step sequential approach to quantify the value of the VRE forecast initially.…”
Section: Modelling Approach 31 System Level Valuation Of Improved Vrementioning
confidence: 99%