Comparison of market operation strategies for photovoltaic power plants with storage systems providing frequency ancillary services

Amaia Gonzalez-Garrido; Andoni Saez-De-Ibarra; Haizea Gaztanaga; Aitor Milo; Pablo Eguia

doi:10.1109/EVER.2018.8362386

Comparison of market operation strategies for photovoltaic power plants with storage systems providing frequency ancillary services

Amaia Gonzalez-Garrido
, Andoni Saez-De-Ibarra
, Haizea Gaztanaga
, Aitor Milo
, Pablo Eguia

IKERLAN

Producción científica: Capítulo del libro/informe/acta de congreso › Contribución a la conferencia › revisión exhaustiva

5 Citas (Scopus)

Resumen

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.

Idioma original	Inglés
Título de la publicación alojada	2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018
Editorial	Institute of Electrical and Electronics Engineers Inc.
Páginas	1-8
Número de páginas	8
ISBN (versión digital)	9781538659663
DOI	https://doi.org/10.1109/EVER.2018.8362386
Estado	Publicada - 21 may 2018
Publicado de forma externa	Sí
Evento	13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018 - Monte Carlo, Mónaco Duración: 10 abr 2018 → 12 abr 2018

Serie de la publicación

Nombre	2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018

Conferencia

Conferencia	13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018
País/Territorio	Mónaco
Ciudad	Monte Carlo
Período	10/04/18 → 12/04/18

ODS de las Naciones Unidas

Este resultado contribuye a los siguientes Objetivos de Desarrollo Sostenible

ODS 7: Energía asequible y no contaminante

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10.1109/EVER.2018.8362386

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Gonzalez-Garrido, A., Saez-De-Ibarra, A., Gaztanaga, H., Milo, A., & Eguia, P. (2018). Comparison of market operation strategies for photovoltaic power plants with storage systems providing frequency ancillary services. En 2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018 (pp. 1-8). (2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018). Institute of Electrical and Electronics Engineers Inc.. https://doi.org/10.1109/EVER.2018.8362386

Gonzalez-Garrido, Amaia ; Saez-De-Ibarra, Andoni ; Gaztanaga, Haizea et al. / Comparison of market operation strategies for photovoltaic power plants with storage systems providing frequency ancillary services. 2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018. Institute of Electrical and Electronics Engineers Inc., 2018. pp. 1-8 (2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018).

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title = "Comparison of market operation strategies for photovoltaic power plants with storage systems providing frequency ancillary services",

abstract = "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.",

keywords = "Ancillary Services, Day-Ahead Electricity Market, Energy Management, Energy Storage System, Intraday Markets, Market Operation, Secondary Reserve Market, Solar Generation",

author = "Amaia Gonzalez-Garrido and Andoni Saez-De-Ibarra and Haizea Gaztanaga and Aitor Milo and Pablo Eguia",

note = "Publisher Copyright: {\textcopyright} 2018 IEEE.; 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018 ; Conference date: 10-04-2018 Through 12-04-2018",

year = "2018",

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Gonzalez-Garrido, A, Saez-De-Ibarra, A, Gaztanaga, H, Milo, A & Eguia, P 2018, Comparison of market operation strategies for photovoltaic power plants with storage systems providing frequency ancillary services. En 2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018. 2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018, Institute of Electrical and Electronics Engineers Inc., pp. 1-8, 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018, Monte Carlo, Mónaco, 10/04/18. https://doi.org/10.1109/EVER.2018.8362386

Comparison of market operation strategies for photovoltaic power plants with storage systems providing frequency ancillary services. / Gonzalez-Garrido, Amaia; Saez-De-Ibarra, Andoni; Gaztanaga, Haizea et al.
2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018. Institute of Electrical and Electronics Engineers Inc., 2018. p. 1-8 (2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018).

Producción científica: Capítulo del libro/informe/acta de congreso › Contribución a la conferencia › revisión exhaustiva

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AU - Gonzalez-Garrido, Amaia

AU - Saez-De-Ibarra, Andoni

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AU - Milo, Aitor

AU - Eguia, Pablo

PY - 2018/5/21

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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

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Gonzalez-Garrido A, Saez-De-Ibarra A, Gaztanaga H, Milo A, Eguia P. Comparison of market operation strategies for photovoltaic power plants with storage systems providing frequency ancillary services. En 2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018. Institute of Electrical and Electronics Engineers Inc. 2018. p. 1-8. (2018 13th International Conference on Ecological Vehicles and Renewable Energies, EVER 2018). doi: 10.1109/EVER.2018.8362386

Comparison of market operation strategies for photovoltaic power plants with storage systems providing frequency ancillary services

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