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dc.contributor.authorSzabo, Andrei
dc.contributor.authorAblakovic, Dino
dc.contributor.authorBamberger, Joachim
dc.date.accessioned2019-12-19T18:20:16Z
dc.date.available2019-12-19T18:20:16Z
dc.date.issued2018-06-07
dc.identifier.isbn978-2-9602415-1-8
dc.identifier.issn2032-9628
dc.identifier.urihttps://www.cired-repository.org/handle/20.500.12455/1147
dc.identifier.urihttp://dx.doi.org/10.34890/201
dc.description.abstractThis paper analyzes the performance of hybrid powergeneration combining renewable sources with batteryenergy storage systems in the context of grid codes thatrequire a preannouncement of the generated power. Theproduced energy is remunerated with a fixed price; inthe case that there are deviations from the announcedschedule, penalties have to be paid. This leads to ascheduling optimization problem that makes a trade-offbetween these two risks based on statistics of therenewable power forecast accuracy. The maincontribution of the paper is the analysis of the revenueperformance ratio and its dependency on the accuracyof the forecast. The results show that there isoptimization potential for maximizing the revenue byintelligently designing the energy commitment and thecontrol. Further on, even for large errors of theforecast, the losses and the penalties are limited, so thefinancial risks with respect to the generation forecastare low.
dc.language.isoen
dc.publisherAIM
dc.relation.ispartofseriesCIRED Workshop Proceedings
dc.titlePerformance of combined renewable generation and storage in the context of energy firming
dc.typeConference Proceedings
dc.description.conferencelocationLjubljana, Slovenia
dc.relation.ispartProc. of CIRED 2018 Ljubljana Workshop
dc.contributor.detailedauthorSzabo, Andrei, Siemens AG, Germany
dc.contributor.detailedauthorAblakovic, Dino, Siemens AG, Germany
dc.contributor.detailedauthorBamberger, Joachim, Siemens AG, Germany
dc.date.conferencedate7 - 8 June 2018
dc.description.peerreviewedYes
dc.title.number0489
dc.description.openaccessYes
dc.contributor.countryGermany
dc.contributor.countryGermany
dc.contributor.countryGermany
dc.description.conferencenameCIRED 2018 Ljubljana Workshop
dc.contributor.affiliationSiemens AG
dc.contributor.affiliationSiemens AG
dc.contributor.affiliationSiemens AG
dc.description.sessionNetwork integration, control concepts and operations
dc.description.sessionid3


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