TY - GEN
T1 - Comparison of market operation strategies for photovoltaic power plants with storage systems providing frequency ancillary services
AU - Gonzalez-Garrido, Amaia
AU - Saez-De-Ibarra, Andoni
AU - Gaztanaga, Haizea
AU - Milo, Aitor
AU - Eguia, Pablo
N1 - Publisher Copyright:
© 2018 IEEE.
PY - 2018/5/21
Y1 - 2018/5/21
N2 - This paper proposes an energy storage management with an advanced and optimized market participation methodology for Day-Ahead Market (DM), Intraday Market (IM) and Secondary Reserve Market (SRM), with the aim of defining the optimal trade-off between the profits and the fulfilment of SRM requirements. This paper aims to demonstrate their potential to participate not only in energy markets, but also in frequency ancillary services in order to contribute to the grid stability, as well as being an additional source of revenues. The suitable market strategy must ensure an optimal and reliable operation despite the uncertainty of solar generation, the uncertain real-Time CRR signal and the limited capacity of the energy storage system.
AB - This paper proposes an energy storage management with an advanced and optimized market participation methodology for Day-Ahead Market (DM), Intraday Market (IM) and Secondary Reserve Market (SRM), with the aim of defining the optimal trade-off between the profits and the fulfilment of SRM requirements. This paper aims to demonstrate their potential to participate not only in energy markets, but also in frequency ancillary services in order to contribute to the grid stability, as well as being an additional source of revenues. The suitable market strategy must ensure an optimal and reliable operation despite the uncertainty of solar generation, the uncertain real-Time CRR signal and the limited capacity of the energy storage system.
KW - Ancillary Services
KW - Day-Ahead Electricity Market
KW - Energy Management
KW - Energy Storage System
KW - Intraday Markets
KW - Market Operation
KW - Secondary Reserve Market
KW - Solar Generation
UR - https://www.scopus.com/pages/publications/85048574565
U2 - 10.1109/EVER.2018.8362386
DO - 10.1109/EVER.2018.8362386
M3 - Conference contribution
AN - SCOPUS:85048574565
T3 - 2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018
SP - 1
EP - 8
BT - 2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018
Y2 - 10 April 2018 through 12 April 2018
ER -
