Operations Optimization of Hybrid Energy Systems under Variable Markets
Conference
·
· 2016 American Control Conference (ACC)
OSTI ID:1358187
Hybrid energy systems (HES) have been proposed to be an important element to enable increasing penetration of clean energy. This paper investigates the operations flexibility of HES, and develops a methodology for operations optimization to maximize its economic value based on predicted renewable generation and market information. The proposed operations optimizer allows systematic control of energy conversion for maximal economic value, and is illustrated by numerical results.
- Research Organization:
- Idaho National Lab. (INL), Idaho Falls, ID (United States)
- Sponsoring Organization:
- USDOE Office of Nuclear Energy (NE)
- DOE Contract Number:
- DE-AC07-05ID14517
- OSTI ID:
- 1358187
- Report Number(s):
- INL/CON-15-36667
- Journal Information:
- 2016 American Control Conference (ACC), Conference: 2016 American Control Conference, Boston, MA, USA, July 6–8, 2016
- Publisher:
- IEEE Xplore
- Country of Publication:
- United States
- Language:
- English
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