Hashemi Asll, Mostafa (2018) Optimal allocation of budget for storage systems at solar power plants, taking into account competitive prices and the effect of load response. Masters thesis, University of Zabol.
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Abstract
We consider the problem of allocating a capital budget to solar panels and storage to maximizw the expected revenue in the context of a large-scale solar farm participating in an energy market. This problem is complex due to many factors. To begin with, solar energy production is stochastic, thus the access link is typically provisioned at less than peak capacity, leading to the potential waste of energy due to curtailment. The of storage reduces the amount f energy produced. Moreover, energy storage devices are imperfect. A solar farm owner is thus faced with two problems: 1. deciding the level of power commitment 2. the operation of storage to meet this commitment. We formulate two problems corresponding to two different power commitment approaches, an optimal one and a practical one, and show that the two problems are convex, allowing efficient solution. Numerical examples show that our practical power commitment approach is close to optimal and also provide several other engineering insights.
| Item Type: | Thesis (Masters) |
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| Uncontrolled Keywords: | Optimal allocation of funds, storage systems, solar power plants, demand response |
| Subjects: | T Technology > TK Electrical engineering. Electronics Nuclear engineering |
| Depositing User: | Mrs najmeh khajeh |
| Date Deposited: | 06 May 2019 07:55 |
| Last Modified: | 06 May 2019 07:55 |
| URI: | http://eprints.uoz.ac.ir/id/eprint/2433 |
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