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Energy Storage Capacity Optimization and Sensitivity Analysis of Wind-Solar Power Generation System

  • Pengfei Zhang
  • , Jiandong Duan*
  • , Yuhui Li
  • , Bo Shao
  • , Luxiao Wang
  • , Yiming Xu
  • *Corresponding author for this work
  • School of Electrical Engineering and Automation, Harbin Institute of Technology

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Wind-solar integration with energy storage is an available strategy for facilitating the grid synthesis of large-scale renewable energy sources generation. Currently, the huge expenses of energy storage is a significant constraint on the economic viability of wind-solar integration. This paper aims to optimize the net profit of a wind-solar energy storage station operating under the tie-line adjustment mode of scheduling over a specific time period. The optimization objective is to maximize net profit, considering three economic indicators: revenue from selling electricity generated by the wind-solar energy storage station, costs associated with energy storage construction and losses, and scheduling deviation assessment cost. Establishing a model to optimize energy storage capacity based on these indicators. The model is utilized to identify the optimal energy storage capacity setup for maximizing net profit. Finally, sensitivity analysis of the scheduling deviation assessment cost is conducted to explore the impact of variations in scheduling deviation assessment cost on the economic viability and electrical output quality of wind-solar energy storage stations.

Original languageEnglish
Title of host publicationThe Proceedings of 2024 International Conference of Electrical, Electronic and Networked Energy Systems
EditorsAimin Sha, Jishen Peng, Cancan Rong, Li Zhang, XIaoheng Yan, Zheming Jin
PublisherSpringer Science and Business Media Deutschland GmbH
Pages238-248
Number of pages11
ISBN (Print)9789819618552
DOIs
StatePublished - 2025
Externally publishedYes
EventInternational Conference of Electrical, Electronic and Networked Energy Systems, EENES 2024 - Xi'an, China
Duration: 18 Oct 202420 Oct 2024

Publication series

NameLecture Notes in Electrical Engineering
Volume1330 LNEE
ISSN (Print)1876-1100
ISSN (Electronic)1876-1119

Conference

ConferenceInternational Conference of Electrical, Electronic and Networked Energy Systems, EENES 2024
Country/TerritoryChina
CityXi'an
Period18/10/2420/10/24

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy

Keywords

  • Allocation of energy storage capacity
  • Scheduling deviation assessment cost
  • Sensitivity analysis
  • Wind-solar hybrid power generation system

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