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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Ghofrani, M. Arabali, A. Etezadi-Amoli, M. Fadali, M.S. |
| Copyright Year | 2010 |
| Abstract | This paper deals with optimal placement of the energy storage units within a deregulated power system to minimize its hourly social cost. Wind generation and load are modeled probabilistically using actual data and a curve fitting approach. Based on a model of the electricity market, we minimize the hourly social cost using probabilistic optimal power flow (POPF) then use a genetic algorithm to maximize wind power utilization over a scheduling period. A business model is developed to evaluate the economics of the storage system based on the energy time-shift opportunity from wind generation. The proposed method is used to carry out simulation studies for the IEEE 24-bus system. Transmission line constraints are addressed as a bottleneck for efficient wind power integration with higher penetration levels. Distributed storage is then proposed as a solution to effectively utilize the transmission capacity and integrate the wind power more efficiently. The potential impact of distributed storage on wind utilization is also evaluated through several case studies. |
| Starting Page | 434 |
| Ending Page | 442 |
| Page Count | 9 |
| File Size | 1107249 |
| File Format | |
| ISSN | 19493029 |
| Volume Number | 4 |
| Issue Number | 2 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2013-01-01 |
| Publisher Place | U.S.A. |
| Access Restriction | One Nation One Subscription (ONOS) |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Energy storage Wind power generation Generators Load modeling Probabilistic logic Power systems Wind speed two-point estimate method Compressed air energy storage (CAES) distributed storage electricity market energy arbitrage genetic algorithm optimal placement optimal power flow |
| Content Type | Text |
| Resource Type | Article |
| Subject | Renewable Energy, Sustainability and the Environment |
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