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dc.contributor.author
Haring, Tobias W.
dc.contributor.author
Bucher, Matthias A.
dc.contributor.author
Ratha, Anubhav
dc.contributor.author
Andersson, Göran
dc.date.accessioned
2017-06-11T13:59:23Z
dc.date.available
2017-06-11T13:59:23Z
dc.date.issued
2014
dc.identifier.uri
http://hdl.handle.net/20.500.11850/92925
dc.description.abstract
A major challenge in power system operation is the integration of renewable energy in-feed in large scale. Currently, the responsibility to cope with uncertainty in power injection is transferred to a central authority, i.e. the system operator, while renewable energy in-feed is supported via a tariff system. In this paper we propose market participation of wind farms in combination with a third-party energy storage. A novel concept of storage capacity reservation is presented, where the wind power producer hedges unfavorable wind power realizations with a third-party storage. In a day-ahead scheduling stage, profit maximizing bids for the day-ahead market are stated incorporating costs of storage reservation. During an intra-day stage, the storage device backs up the wind power producer by tracking its day-ahead market bids. In a simulation study we show that after the consideration of the costs of storage reservations and storage operation, the proposed model can lead to profitable operation of wind power plants while minimizing the profit variability.
dc.language.iso
en
dc.publisher
Power Systems Laboratory, ETH Zürich
dc.subject
Electricity markets
dc.subject
Renewable energy infeed
dc.subject
Storage
dc.title
On wind farm operation with third-party storage
dc.type
Working Paper
ethz.size
5 p.
ethz.notes
.
ethz.publication.place
Zürich
ethz.publication.status
published
ethz.leitzahl
ETH Zürich::00002 - ETH Zürich, direkt::00012 - Lehre und Forschung, direkt::00007 - Departemente, direkt::02140 - Departement Informationstechnologie und Elektrotechnik / Department of Information Technology and Electrical Engineering::02632 - Institut für Elektrische Energieübertragung und Hochspannungstechnik (EEH) / Power Systems and High Voltage Laboratory (EEH)::03559 - Andersson, Göran (emeritus)
ethz.leitzahl.certified
ETH Zürich::00002 - ETH Zürich, direkt::00012 - Lehre und Forschung, direkt::00007 - Departemente, direkt::02140 - Departement Informationstechnologie und Elektrotechnik / Department of Information Technology and Electrical Engineering::02632 - Institut für Elektrische Energieübertragung und Hochspannungstechnik (EEH) / Power Systems and High Voltage Laboratory (EEH)::03559 - Andersson, Göran (emeritus)
ethz.date.deposited
2017-06-11T13:59:50Z
ethz.source
ECIT
ethz.identifier.importid
imp5936528fd479652320
ethz.ecitpid
pub:146085
ethz.eth
yes
ethz.availability
Metadata only
ethz.rosetta.installDate
2017-07-13T13:10:35Z
ethz.rosetta.lastUpdated
2017-07-13T13:10:35Z
ethz.rosetta.versionExported
true
ethz.COinS
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