Loading [MathJax]/extensions/MathMenu.js
Onsite Renewable Generation Time Shifting for Photovoltaic Systems | IEEE Conference Publication | IEEE Xplore

Onsite Renewable Generation Time Shifting for Photovoltaic Systems


Abstract:

This paper examines the challenge of bidding a battery system on an electrical power market with varying prices. Optimizing bids for each market interval is a complex cha...Show More

Abstract:

This paper examines the challenge of bidding a battery system on an electrical power market with varying prices. Optimizing bids for each market interval is a complex challenge since the bid size for one market interval affects the battery availability during several subsequent market intervals. In this paper, a renewable generation unit such as Photovoltaic (PV) and a battery storage are considered, with the battery used to shift electricity sales from low-price market intervals to high-price market intervals. The battery can also be used to smooth momentary fluctuations in generated power, cope with differences between actual and forecasted generation, and help to meet the maximum power limit constraint. This paper evaluates how to best manage the battery for optimal bidding in an electrical power market.
Date of Conference: 19-21 June 2023
Date Added to IEEE Xplore: 31 August 2023
ISBN Information:

ISSN Information:

Conference Location: Helsinki, Finland

Funding Agency:


Contact IEEE to Subscribe

References

References is not available for this document.