Market-Integrated Optimization of Wind-Battery-Hydrogen Hybrids for Peaking Capacity via Storage

Conference · Wed Nov 02 00:00:00 EDT 2022

OSTI ID:1897460

Guittet, Darice; Knueven, Ben; Gao, Xian; Ghouse, Jaffer; Satkauskas, Ignas; Dowling, Alexander; Jones, Wes; Siirola, John; Miller, David

As Integrated Energy Systems (IES) combine multiple energy and storage technologies to provide potentially more value and less risk via resource diversification, complementary overbuild, increased flexibility, and revenue-stacking, IES value is dependent on electricity market dispatch and grid interactions should play an important role in IES design and operation. This study hybridizes and retrofits wind and combustion turbine plants to study the impacts of replacing gas generation capacity with wind, battery, PEM electrolysis, hydrogen tanks and hydrogen turbines. The optimized design is co-simulated in a production cost model with different bidding strategies in order to compare performance and highlight the importance of grid-interactions. We analyze the revenue and dispatch changes as well as the price and cost implications of wind-battery-hydrogen IESs.

• Research Organization: National Renewable Energy Laboratory (NREL), Golden, CO (United States)
• Sponsoring Organization: USDOE Grid Modernization Laboratory Consortium
• DOE Contract Number: AC36-08GO28308
• OSTI ID: 1897460
• Report Number(s): NREL/PR-7A40-84357; MainId:85130; UUID:11d93075-480a-49b5-ae87-ba18f2967156; MainAdminID:67908
• Conference Information: Presented at the INFORMS Annual Meeting, 16-19 October 2022, Indianapolis, Indiana
• Country of Publication: United States
• Language: English

Related Subjects

electrolysis
ENERGY PLANNING, POLICY, AND ECONOMY,POWER TRANSMISSION AND DISTRIBUTION
grid modeling
hybrid energy system
hydrogen
integrated energy system
market integration
optimization
plant design and control
production cost model
RTS-GMLC
seasonal storage
surrogate model
wind battery hydrogen hybrid