Independent Power Producer Approach to Optimal Design and Operation of IES with Wind Power Plants

Yeong-Geon Son, Eun-Tae Son, Moses-Amoasi Acquah, Sung-Hoon Choo, Hyun-Sik Jo, Ji-Eun Lee, Dong-Min Kim () and Sung-Yul Kim ()
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Yeong-Geon Son: Department of Electronic and Electrical Engineering, Keimyung University, 1095 Dalgubeol-daero, Daegu 42601, Republic of Korea
Eun-Tae Son: Department of Electronic and Electrical Engineering, Keimyung University, 1095 Dalgubeol-daero, Daegu 42601, Republic of Korea
Moses-Amoasi Acquah: Department of Electrical Energy Engineering, Keimyung University, 1095 Dalgubeol-daero, Daegu 42601, Republic of Korea
Sung-Hoon Choo: Water Energy Research Center, Korea Water Resources Corporation, 125 Yuseong-daero 1689 beon-gil, Yuseong-gu, Daejeon 34045, Republic of Korea
Hyun-Sik Jo: Water Energy Research Center, Korea Water Resources Corporation, 125 Yuseong-daero 1689 beon-gil, Yuseong-gu, Daejeon 34045, Republic of Korea
Ji-Eun Lee: Water Energy Research Center, Korea Water Resources Corporation, 125 Yuseong-daero 1689 beon-gil, Yuseong-gu, Daejeon 34045, Republic of Korea
Dong-Min Kim: Department of Electrical Engineering, Kangwon National University, 346 Jungang-ro, Samcheok-si 25913, Republic of Korea
Sung-Yul Kim: Department of Electrical Energy Engineering, Keimyung University, 1095 Dalgubeol-daero, Daegu 42601, Republic of Korea

Energies, 2022, vol. 16, issue 1, 1-14

Abstract: In South Korea, Renewable Energy Sources (RES) have been increasing with the application of energy policies, such as Feed in Tariff (FIT) and the Renewable Portfolio Standard (RPS). However, a rapid increase in RES supply leads to an uncertain power supply due to the intermittent output of RES. A representative example is the curtailment of Wind Turbines (WT), which frequently occurs in Jeju Island, South Korea. The proportion of RES power on Jeju Island is 67%, and there are cases where WT is curtailed among the operable sections to maintain the balance of power supply and demand. This paper applies Power-to-Gas (P2G) technology to hydrogenate, store, and utilize unused power to solve this problem. In this paper, Aewol-eup in Jeju Island is selected as a target site for case study. An Integrated Energy System (IES) for various energy operations is designed to control RES output. This paper proposes the optimal facility configuration and finally drives the optimal design and operation solution of IES by analyzing the objective functions and focusing on the Independent Power Producer (IPP) perspective.

Keywords: sector coupling (SC); integrated energy system (IES); independent power producer (IPP) power-to-gas (P2G); Curtailment of WT; renewable energy sources (RES) (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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