Operation and sizing of energy storage for wind power plants in a market

Operation and sizing of energy storage for wind power plants in a market Term Paper example
Masters
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Design & Technology
Pages 8 (2008 words)
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Name Surname Professor Name Subject Date Operation and Sizing of Energy Storage for Wind Power Plants in a Market Introduction: Wind power technology has been into existence since a long time. Wind machines are used to control the power of the wind (Blabbjerg and Chen 11-13)…

Introduction

Wind energy provides a priceless supplement for the energy sources available conventionally across the world. However, the sporadic nature of wind energy limits the maximum penetration of wind power that can be made available for the networks of electricity (Korpas, Hildrum and Holen 1). Also, since production in wind power experiences significant fluctuations, it becomes difficult for the owners of the wind power plants to sustain against the competition in the emerging markets of electricity. Some of the significant factors in relation to the operation and sizing of energy storage for wind power plants in a market include the impact of the mechanisms of the electricity markets, constraints of the transmission line, and forecast of the accuracy of the wind power. These factors together determine the advantages and disadvantages of the storage of wind power. Considering all these issues, a computer model has been developed to achieve the scheduling and operation of the resources being distributed in the market system (Korpas, Hildrum and Holen 1). The present study discusses on the operation and sizing of the energy storage for wind power plants in a market. ...
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