2011 8th International Conference on the European Energy Market (EEM) 2011
DOI: 10.1109/eem.2011.5953028
|View full text |Cite
|
Sign up to set email alerts
|

The value of a pumping-hydro generator in a system with increasing integration of wind power

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
3
1

Citation Types

0
3
1

Year Published

2012
2012
2021
2021

Publication Types

Select...
6
2

Relationship

1
7

Authors

Journals

citations
Cited by 13 publications
(4 citation statements)
references
References 6 publications
0
3
1
Order By: Relevance
“…The main income source is the DM, representing 56-80% of the MTI for the 12-4 h PSHP, respectively (Table 4). This result contradicts one of the conclusions of [21] and [22], where it was stated that the SM is the main income source in the operation of PSHPs participating in the DM and the SRS. The main reason of the presented result in comparison to the one published in the literature is that, in this paper, the effect of the reserve schedule in the clearing price of the SM is taken into account (price-maker approach in the SM).…”
Section: Maximum Theoretical Incomecontrasting
confidence: 80%
“…The main income source is the DM, representing 56-80% of the MTI for the 12-4 h PSHP, respectively (Table 4). This result contradicts one of the conclusions of [21] and [22], where it was stated that the SM is the main income source in the operation of PSHPs participating in the DM and the SRS. The main reason of the presented result in comparison to the one published in the literature is that, in this paper, the effect of the reserve schedule in the clearing price of the SM is taken into account (price-maker approach in the SM).…”
Section: Maximum Theoretical Incomecontrasting
confidence: 80%
“…grid frequency control in both pumping and generating modes of operation. This is essential as the excess of energy produced by non-dispatchable RES can be balanced, while eliminating the need for fossil-fuelbased units [1], [2]. Further efficiency increase through the Fig.…”
Section: Introductionmentioning
confidence: 99%
“…At very high variable renewable penetrations, developing effective strategies for storage plant operation will be crucial, in terms of profit generation for the plant owner and in terms of system cost minimization. Most profit maximization algorithms do not consider the impact of reserve usage on operations [13]- [15], or assume that fixed percentages of reserve are deployed [17]- [20], often with perfect foresight of system requirements. Preliminary results based on a pumped hydro plant in the Spanish market indicate that real-time usage of reserves lead to significant deviations in reservoir volumes and plant earning using a selection of approaches to estimate the real-time reserve usage compared to perfect foresight [25].…”
Section: Introductionmentioning
confidence: 99%