Academic Journal

On the Value of Emerging, Day-Ahead Market Related Wind-Storage Narratives in Greece: An Early Empirical Analysis

التفاصيل البيبلوغرافية
العنوان: On the Value of Emerging, Day-Ahead Market Related Wind-Storage Narratives in Greece: An Early Empirical Analysis
المؤلفون: Stefanos Tampakakis, Dimitrios Zafirakis
المصدر: Energies; Volume 16; Issue 8; Pages: 3506
بيانات النشر: Multidisciplinary Digital Publishing Institute
سنة النشر: 2023
المجموعة: MDPI Open Access Publishing
مصطلحات موضوعية: energy storage, wind energy, day-ahead markets, arbitrage, bidding strategies, wholesale electricity prices, target model, empirical analysis
الوصف: Large-scale integration of renewable energy sources introduces high levels of uncertainty in power systems. In addressing the inherent uncertainty of renewables, coupling with energy storage systems allows for improved dispatchability, not only in terms of power system integration but also in terms of market participation. To that end, we currently look into the coupling of wind energy and energy storage and assess the ex-post value of different, day-ahead market related wind–storage narratives. In doing so, we apply practical dispatch strategies using empirical market signals, vary the size of storage, and adopt different cycling patterns, treating the configurations examined as price-taker units. In addition, by integrating different wind regimes and several years of spot price series, we argue that our approach captures different spatial and temporal characteristics; thus, offering a broad, representative view of the value and associated risk of similar market scenarios in the study area of Greece.
نوع الوثيقة: text
وصف الملف: application/pdf
اللغة: English
Relation: D: Energy Storage and Application; https://dx.doi.org/10.3390/en16083506
DOI: 10.3390/en16083506
الاتاحة: https://doi.org/10.3390/en16083506
Rights: https://creativecommons.org/licenses/by/4.0/
رقم الانضمام: edsbas.A7DF433C
قاعدة البيانات: BASE