 Tactical and operational management of wind energy systems with storage using a probabilistic forecast of the energy resourceCristina Azcárate, Fermín Mallor and Pedro Mateo Renewable Energy, 2017, vol. 102, issue PB, 445-456 Abstract: The storage of energy facilitates the management of renewable energy systems by reducing the mismatch between the supplied energy and the forecasted production due to forecasting errors. The storage increases the reliability of the renewable energy system and enables participation in the electricity market by committing to the sale of electricity for the following day. Nevertheless, the inclusion of the energy storage capacity requires the development of new management policies. In this paper, we propose a management strategy for a renewable energy system with storage capacity that integrates tactical and operational decisions in a single mathematical model that makes use of an updated probabilistic wind speed forecast. Management policies are obtained by solving a sequence of rolling-horizon stochastic optimization problems whose formulation is inspired by the Stochastic Approximation Average technique. The management policies are illustrated by their application to wind-farms using hydrogen as the energy storage medium. Keywords: Renewable energy; Energy storage; Management policy; Stochastic optimization; Tactical and operational policies (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:renene:v:102:y:2017:i:pb:p:445-456 DOI: 10.1016/j.renene.2016.10.064 Access Statistics for this article Renewable Energy is currently edited by Soteris A. Kalogirou and Paul Christodoulides More articles in Renewable Energy from Elsevier |
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