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Showing records 1 to 25 of 309. [First] Page: 1 2 3 4 5 Last
Decision Support Tool for Sustainable Small to Medium-Volume Natural Gas Utilization
Patience B Shamaki, Pedro H Callil-Soares, Galo A. C Le Roux
March 14, 2025 (v1)
This study presents a simple tool to provide decision-makers data that will facilitate informed decisions in selecting utilization for small- to medium-scale utilization of stranded natural gas resources that would otherwise be flared set to be flared. The methodology involves the simulation of different natural gas utilization technologies on Aspen Plus simulation software and utilizing the results to develop a tool on Python that enables the user to assess recoverable valuable products from different natural gas profiles. Ten utilization technologies were implemented, and six different natural gas profile (rich and lean) were used as case studies to ascertain the capabilities of the tool. The supplimentary material provides the interface of the proposed tool.
Methanol and Ammonia as Green Fuels and Hydrogen Carriers: A Comparative Analysis for Fuel Cell Power Generation
Antonio Sánchez, Elena C. Blanco, Mariano Martín
June 27, 2025 (v1)
Keywords: Ammonia, Energy Storage, Fuel Cells, Hydrogen, Methanol, Process Design
Methanol and ammonia are key energy carriers in a decarbonized society. This study assesses their use in power generation via two pathways: direct utilization as green fuels in fuel cells or as hydrogen carriers. Using these chemicals as hydrogen carriers achieves higher efficiencies (around 40%) due to the maturity of hydrogen fuel cells, resulting in electricity costs around 700 €/MWh compared to 1200 €/MWh for direct utilization. While hydrogen offers lower electricity production costs, efficiency advancements in methanol and ammonia fuel cells could enhance their competitiveness. Additionally, for scenarios involving transportation and power generation, methanol and ammonia prove economically viable, particularly for distances exceeding 3000 km. Consequently, both are crucial for addressing hydrogen-related challenges in the new renewable energy systems.
A Data-Driven Conceptual Approach to Heat Pump Sizing in Chemical Processes with Fluctuating Heat Supply and Demand
Thorben Hochhaus, Johannes Wloch, Marcus Grünewald, Julia Riese
June 27, 2025 (v1)
Heat pumps play a crucial role in decarbonizing the chemical industry. The integration and sizing of heat pumps in chemical processes is a challenging task in multi-product chemical processes due to the fluctuating waste heat supply and heat demand. Integrating heat pumps may require a retrofit of the utility system. Mathematical optimization is a useful tool to tackle this challenge by enabling the analysis of correlation between relevant system parameters and equipment sizing. This study demonstrates the utilization of mathematical optimization and parameter studies for utility system equipment sizing addressing fluctuating heat supply and demand profiles.
Repurposing Existing Combined Cycle Power Plants with Methane Production for Renewable Energy Storage
Diego Santamaría, Antonio Sánchez, Mariano Martín
June 27, 2025 (v1)
Keywords: Carbon Capture, Energy Storage, Hydrogen, Methane, Process Design
Energy storage is essential for transitioning to a renewable system based on renewable sources. To meet this challenge, Power-to-X technologies are attracting more attention. This work explores converting the excess of electric energy obtained from wind or solar sources into hydrogen and then into methane leveraging existing natural gas infrastructure for easier storage and transport. The process involves two stages: Firstly, the methane production step using Power-to-X technologies during excess renewable energy periods and, secondly, the electricity generation step during high demand with CO2 capture for reuse in methane synthesis, forming a closed carbon loop. In this way the Power-to-X process is integrated with repurposed combined cycle power plants (CCPPs) creating a Power-to-methane-to-power system. Two approaches are evaluated: oxy-combustion, which simplifies process CO2 purification and air combustion, which needs a more complex CO2 purification, such as amine absorption or P... [more]
Decision Support Tool for Sustainable Small to Medium-Volume Natural Gas Utilization
Patience B. Shamaki, Pedro H. Callil-Soares, Galo A. C. Le Roux
June 27, 2025 (v1)
This study presents a simple tool to provide decision-makers data that will facilitate informed decisions in selecting utilization for small- to medium-scale utilization of stranded natural gas resources that would otherwise be flared. The methodology involves the simulation of different natural gas utilization technologies on Aspen Plus simulation software and utilizing the results to develop a tool on python that enables the user to assess recoverable valuable products from different natural gas profiles. Ten utilization technologies were implemented and six different natural gas profiles (rich and lean) were used as case studies to ascertain the capabilities of the tool. The results provide the user with the Net Present Values (NPV) of different technologies and the most profitable or infeasible utilization technology. The results also show the potentials of utilizing the gas over flaring. For very small volumes of gas the results favored the compressed natural gas (CNG) with positi... [more]
Optimization of the Power Conversion System for a Pulsed Fusion Power Plant with Multiple Heat Sources using a Dynamic Process Model
Oliver M. G. Ward, Federico Galvanin, Nelia Jurado, Daniel Blackburn, Robert J. Warren, Eric S. Fraga
June 27, 2025 (v1)
Keywords: Dynamic Modelling, Energy Conversion, Energy Storage, Fusion Power, Modelica, Optimization
The optimization of the power conversion system, responsible for thermal-to-electrical energy conversion, for a pulsed fusion power plant is presented. A spherical tokamak is modelled as three heat sources, all pulsed, with different stream temperatures and available amounts of heat. A thermal energy storage system is considered in the design to compensate for the lack of thermal power during a dwell. Thermal storage enables continued power generation during a dwell and can avoid thermal transients in sensitive components like turbomachines. Multiple lower grade heat sources are integrated into the process through parallel preheating trains. The evaluation of a dynamic model of the power conversion system is used to define an objective function with multiple criteria. A bi-objective optimization problem is defined to investigate the trade-off between the size of the thermal energy storage system and the variability in turbine power output during a dwell. The set of non-dominated design... [more]
Conceptual design of energy storage systems for continuous operations in renewable-powered chemical processes
Andrea Isella, Alfonso Pascarella, Angelo Matichecchia, Raffaele Ostuni, Davide Manca
June 27, 2025 (v1)
Keywords: Energy Storage, Heat recovery, Process integration, Renewable and Sustainable Energy, Solar power, Wind power
This work aims to develop an energy storage system that allows fluctuating energy inputs (i.e. from process sections driven by renewable sources) to power two process units that are operated continuously at different temperatures. The system consists of two vessels storing diathermal mediums: one for the hotter- and the other for the colder-energy fluxes. The investigated solutions include sensible-heat-, latent-heat-, and thermochemical-TES (thermal energy storage). Organic Rankine cycles (ORCs) with lithium-ion batteries and thermoelectric generators were also assessed. Indeed, all these technologies allow the exploitation of low-temperature thermal energy to supply the high-temperature unit during periods of energy scarcity. Both vessels aim for total self-sufficiency; however, the option to rely on external utilities has been included to meet the energy demand of both units when sufficient process-side power is unavailable. Two energy profiles were investigated to assess the propos... [more]
Optimal Design and Analysis of Thermochemical Storage and Release of Hydrogen via the Reversible Redox of Iron Oxide/Iron
Richard Yentumi, Constantin Jurischka, Bogdan Dorneanu, Harvey Arellano-Garcia
June 27, 2025 (v1)
Keywords: Energy Storage, Green hydrogen, Hydrogen, Hydrogen Fuel Cells, Modelling and Simulations, Optimisation, Thermochemical storage
In this contribution, a thermodynamic model-based approach for the optimal design of a solid-state hydrogen storage and release system utilizing the reversible iron oxide/iron thermochemical redox mechanism is presented. Existing storage processes using this mechanism face significant limitations, including low hydrogen conversion, high energy input requirements, limited storage density, and slow charging/discharging kinetics. To address these challenges, a custom thermodynamic model using NIST thermochemistry data is developed, enabling an in-depth analysis of redox reaction equilibria under different conditions. Unlike previous studies, this approach integrates a multi-objective optimization framework that explicitly balances competing objectives: maximizing hydrogen yield while minimizing thermal energy demand. By systematically identifying optimal trade-offs, the study provides new insights into improving process efficiency and reactor design for thermochemical hydrogen storage. Th... [more]
Assessing the Synergies of Thermochemical Energy Storage with Concentrated Solar Power and Carbon Capture
Nitin Dhanenjey R, Ishan Bajaj
June 27, 2025 (v1)
Keywords: carbon capture and storage, Concentrated solar power, Energy Storage, hybrid energy systems, stochastic programming
As greenhouse gas emissions continue to increase worldwide, the growing energy demand must be met using low-carbon technologies. Renewable energy and carbon capture and storage are the two important technologies that can mitigate CO2 emissions. The two technologies have been primarily developed independently. However, their hybridization can offer complementary benefits and lower the costs of greenhouse gas abatement. Accordingly, in this article, we develop a novel carbon-neutral process that combines concentrated solar power (CSP) and fuel-based combustor with redox-based thermochemical energy storage (TCES) materials. The TCES materials are used for energy storage and as a source of oxygen (O2) for combusting fuel. We optimize the process’ economic performance considering variability in solar irradiance by developing a two-stage stochastic programming model. We illustrate that compared to the CSP-TCES process employing the Mn2O3/Mn3O4 TCES system, the proposed hybrid process has a 2... [more]
A Data-Driven Conceptual Approach to Heat Pump Sizing in Chemical Processes with Fluctuating Heat Supply and Demand - Supplementary Material
Thorben Hochhaus, Johannes Wloch, Marcus Grünewald, Julia Riese
January 28, 2025 (v1)
This document contains digital supplementary material (detailed model description, parameters for different case studies and figure of exemplary waste heat supply and heat demand) related to the article "A Data-Driven Conceptual Approach to Heat Pump Sizing in Chemical Processes with Fluctuating Heat Supply and Demand" which is submitted to the peer reviewed conference proceeding of the 35th European Symposium on Computer Aided Process Engineering (ESCAPE 35).
Techno-Economic and Environmental Impact Analysis of a 50 MW Solar-Powered Rankine Cycle System
Abdulrazzak Akroot, Abdullah Sultan Al Shammre
August 28, 2024 (v1)
Subject: Environment
Keywords: Aden, Energy Storage, environmental impact, exergoeconomic analysis, Renewable and Sustainable Energy, Yemen
The interest in combined heat and solar power (CHP) systems has increased due to the growing demand for sustainable energy with low carbon emissions. An effective technical solution to address this requirement is using a parabolic trough solar collector (PTC) in conjunction with a Rankine cycle (RC) heat engine. The solar-powered Rankine cycle (SPRC) system is a renewable energy technology that can be relied upon for its high efficiency and produces clean energy output. This study describes developing a SPRC system specifically for electricity generation in Aden, Yemen. The system comprises parabolic trough collectors, a thermal storage tank, and a Rankine cycle. A 4E analysis of this system was theoretically investigated, and the effects of various design conditions, namely the boiler’s pinch point temperature and steam extraction from the high-pressure turbine, steam extraction from the intermediate-pressure turbine, and condenser temperature, were studied. Numerical simulations show... [more]
Towards a Sustainable and Defossilized/Decarbonized Chemical and Process Industry
Mariano Martín
August 15, 2024 (v2)
This work presents an overview of the path towards the use of renewable and nonconventional resources for a sustainable chemical and process industry. The aim is not only to lead the way to meet the sustainable development goals but also to maintain the style and quality of life achieved by the technologies and products developed within this sector. Alternative raw materials are to be used and processed differently while a new paradigm for utilities is to be established. The development of technologies and their deployment faces several barriers that we as process engineers can help overcome by providing insight into the alternatives, the thresholds to achieve to become competitive, and strategic analyses.
Thermal Storage Performance of a Shell and Tube Phase Change Heat Storage Unit with Different Thermophysical Parameters of the Phase Change Material
Fanbin Meng, Chunying Che, Yangyang Wu, Jiachao Wei, Jiancheng Rong, Xinpeng Yang, Dong Li, Ruitong Yang, Zhihua Wang
June 21, 2024 (v1)
Subject: Materials
Keywords: Energy Storage, PCM, shell-and-tube heat exchanger, thermophysical parameters
The thermal storage performance of shell and tube phase change heat storage units is greatly influenced by the thermophysical parameters of the phase change material (PCM). Therefore, we use numerical simulations to examine how the thermal storage capability of shell and tube phase change heat storage units is affected by thermophysical parameters such as specific heat capacity, thermal conductivity, and latent heat of phase change. The findings indicate that while the rate of temperature increase and the rate of the PCM melting both slow down as specific heat capacity increases, the overall heat storage increases. Within the specified range of parameters, the average rate of heat storage increases by approximately 4% for every 50% increase in specific heat capacity. The PCM’s rate of temperature rise slows down and its overall heat storage capacity rises throughout the middle stage of the phase change heat storage process as the latent heat of phase change grows. The average heat stor... [more]
Mitigation of Renewable Energy Source Production Variability in Residential Stock through Small-Scale Gas−Liquid Energy Storage Technology Application
Andrea Vallati, Miriam Di Matteo, Laura Pompei, Fabio Nardecchia, Costanza Vittoria Fiorini
June 5, 2024 (v1)
Keywords: building energy, CAES, Energy Efficiency, Energy Storage, experimental campaign, Power-to-Power, prototype, Renewable and Sustainable Energy, self-consumption, thermodynamic model
Despite renewable energy source integration being a well-established requirement in international policies, energy systems still face some unresolved issues, including the intermittence of production. To tackle this problem, a viable solution could comprise the off-peak storage of electricity production excess, to be consumed later during peak-load hours. The transition from the diffuse pattern of centralized generation to the distributed model, involving energy communities, suggests an additional aspect to manage: the spatial constraints of systems for domestic applications. Compressed-air energy storage represents a promising Power-to-Power technology for small-scale energy integration. This study proposes the application of a gas−liquid energy storage system (GLES) in a residential building, using renewable energy excess from a photovoltaic (PV) array. The performance of the proposed system, whose operation involves the compression of the gaseous mass through a piston operated by mi... [more]
Textiles for Very Cold Environments
Tomasz Blachowicz, Maciej Malczyk, Ilda Kola, Guido Ehrmann, Eva Schwenzfeier-Hellkamp, Andrea Ehrmann
June 5, 2024 (v1)
Subject: Environment
Keywords: energy harvesting, Energy Storage, flexible solar cells, heating, personal protective equipment, temperature sensors
Textiles are often used to protect people from cold environments. While most garments are designed for temperatures not far below 0 °C, very cold regions on the earth near the poles or on mountains necessitate special clothing. The same is true for homeless people who have few possibilities to warm up or workers in cooling chambers and other cold environments. Passive insulating clothing, however, can only retain body heat. Active heating, on the other hand, necessitates energy, e.g., by batteries, which are usually relatively heavy and have to be recharged regularly. This review gives an overview of energy-self-sufficient textile solutions for cold environments, including energy harvesting by textile-based or textile-integrated solar cells; piezoelectric sensors in shoes and other possibilities; energy storage in supercapacitors or batteries; and heating by electric energy or phase-change materials.
Advances in Triboelectric Nanogenerators for Sustainable and Renewable Energy: Working Mechanism, Tribo-Surface Structure, Energy Storage-Collection System, and Applications
Van-Long Trinh, Chen-Kuei Chung
February 19, 2024 (v1)
Keywords: energy applications, energy collecting system, Energy Storage, renewable and sustainable, triboelectric nanogenerator
Triboelectric nanogenerators (TENGs) are emerging as a form of sustainable and renewable technology for harvesting wasted mechanical energy in nature, such as motion, waves, wind, and vibrations. TENG devices generate electricity through the cyclic working principle of contact and separation of tribo-material couples. This technology is used in outstanding applications in energy generation, human care, medicinal, biomedical, and industrial applications. TENG devices can be applied in many practical applications, such as portable power, self-powered sensors, electronics, and electric consumption devices. With TENG energy technologies, significant energy issues can be reduced or even solved in the near future, such as reducing gas emissions, increasing environmental protection, and improving human health. The performance of TENGs can be enhanced by utilizing materials with a significant contrast in their triboelectrical characteristics or by implementing advanced structural designs. This... [more]
Effect of LiCl Electrolyte Concentration on Energy Storage of Supercapacitor with Multilayered Ti3C2Tx MXene Electrodes Synthesized by Hydrothermal Etching
Alexey Tsyganov, Alexander Shindrov, Maria Vikulova, Denis Zheleznov, Alexander Gorokhovsky, Nikolay Gorshkov
November 30, 2023 (v1)
Keywords: capacity, Energy Storage, hydrothermal etching, molten salt, MXene, supercapacitor
The development of new electrode materials for electrochemical systems for various purposes is a significant and in-demand task of scientific research. Layered transition metal carbides and nitrides, known as MXenes, show great potential for use as electrodes in electrochemical energy storage devices operating in aqueous electrolytes. In this work, a multilayer Ti3C2Tx MXene was obtained from a Ti3AlC2 precursor and studied as the electrode material of a symmetrical supercapacitor with an aqueous LiCl electrolyte. The formation of the MXene structure was confirmed by the data from X-ray phase analysis and scanning electron microscopy. The X-ray diffraction pattern showed the disappearance of the main reflections related to the Ti3AlC2 phase and the shift of the reflection peak (002) from 9.4° to 6.7°, which indicated successful etching of the Al layers from the Ti3AlC2 precursor. At electrolyte concentrations of 1, 5, 10, and 20 M, the supercapacitors demonstrated high specific capacit... [more]
Research on the Access Planning of SOP and ESS in Distribution Network Based on SOCP-SSGA
Yuxin Jia, Qiong Li, Xu Liao, Linjun Liu, Jian Wu
July 13, 2023 (v1)
Keywords: economic costs, Energy Storage, second-order cone planning, soft open point, steady-state genetic algorithm
This paper proposes a two-stage planning model for soft open point (SOP) and energy storage system (ESS) that considers the cost of faults in response to the current issue of SOP and ESS systems not considering the impact of SOP access on load transfer in the event of a fault in the distribution network. Firstly, considering the uncertainty of “PV-load”, typical scenarios of PV and load are constructed based on the clustering algorithm. Secondly, aiming at the economic performance of the distribution network and the capacity of PV access, a two-stage optimization model is established for the joint integration of SOP and ESS into the distribution network (normal and fault operation) under typical scenarios. The model is solved by using the second-order cone programming algorithm and steady-state genetic algorithm (SOCP-SSGA). Stage one involves planning for the integration capacity and location of SOP and ESS into the distribution network under each scenario within a period based on SOC... [more]
Optimal Allocation Method for Energy Storage Capacity Considering Dynamic Time-of-Use Electricity Prices and On-Site Consumption of New Energy
Wei Hu, Xinyan Zhang, Lijuan Zhu, Zhenen Li
July 7, 2023 (v1)
Keywords: Absorption, demand-side response, dynamic electricity price, Energy Storage, new energy, on site consumption of new energy
Configuring energy storage devices can effectively improve the on-site consumption rate of new energy such as wind power and photovoltaic, and alleviate the planning and construction pressure of external power grids on grid-connected operation of new energy. Therefore, a dual layer optimization configuration method for energy storage capacity with source load collaborative participation is proposed. The external model introduces a demand-side response strategy, determines the peak, flat, and valley periods of the time-of-use electricity price-based on the distribution characteristics of load and new energy output, and further aims to maximize the revenue of the wind and solar storage system. With the peak, flat, and valley electricity price as the decision variable, an outer optimization model is established. Based on the optimized electricity price, the user’s electricity consumption in each period is adjusted, and the results are transmitted to the inner optimization model. The inter... [more]
Energy Storage Systems for Photovoltaic and Wind Systems: A Review
Djamila Rekioua
May 24, 2023 (v1)
Keywords: Energy Storage, multi-energy storage, photovoltaic, storage, wind turbine
The study provides a study on energy storage technologies for photovoltaic and wind systems in response to the growing demand for low-carbon transportation. Energy storage systems (ESSs) have become an emerging area of renewed interest as a critical factor in renewable energy systems. The technology choice depends essentially on system requirements, cost, and performance characteristics. Common types of ESSs for renewable energy sources include electrochemical energy storage (batteries, fuel cells for hydrogen storage, and flow batteries), mechanical energy storage (including pumped hydroelectric energy storage (PHES), gravity energy storage (GES), compressed air energy storage (CAES), and flywheel energy storage), electrical energy storage (such as supercapacitor energy storage (SES), superconducting magnetic energy storage (SMES), and thermal energy storage (TES)), and hybrid or multi-storage systems that combine two or more technologies, such as integrating batteries with pumped hyd... [more]
Tailor-Made Phosphorylated Polyvinyl Alcohol/Tungsten Polyoxometalate Proton Exchange Membrane for a Bio-Electrochemical Energy Storage System
Vassili Glibin, Vahid Vajihinejad, Victor Pupkevich, Dimitre G. Karamanev
April 28, 2023 (v1)
Keywords: bio-electrochemical system, Energy Storage, lacunary tungsto-phosphate, proton exchange membrane
In this work, the synthesis of a phosphorylated polyvinyl alcohol (p-PVA)/polyoxometalate (tungsto-phosphate) membrane for the BioGenerator, a bio-electrochemical energy storage technology, is reported. It was shown that bonding of lacunary tungsto-phosphate ions to the carbon skeleton of a polymer matrix results in an increase in proton conductivity of up to 2.7 times, compared to previously studied phosphorylated PVA membranes. Testing of the membrane in an actual Fe3+/H2 electrochemical cell showed that it performs significantly better (0.28 W·cm−2 at 0.79 A·cm−2) than the previously used commercial Selemion HSF (Japan) membrane (0.18 W·cm−2 at 0.60 A·cm−2).
The Role of Hydrogen and H2 Mobility on the Green Transition of Islands: The Case of Anafi (Greece)
Andreas Dimou, Konstantinos Moustakas, Stergios Vakalis
April 28, 2023 (v1)
Subject: Energy Policy
Keywords: Energy Storage, green islands, Hydrogen, mobility, RES, solar, Wind
The holistic green energy transition of non-interconnected islands faces several challenges if all the energy sectors are included, i.e., electricity, heating/cooling, and mobility. On the one hand, the penetration of renewable energy systems (RES) is limited due to design restrictions with respect to the peak demand. On the other hand, energy-intensive heating and mobility sectors pose significant challenges and may be difficult to electrify. The focus of this study is on implementing a hybrid Wind−PV system on the non-interconnected island of Anafi (Greece) that utilizes surplus renewable energy production for both building heating through heat pumps and hydrogen generation. This comprehensive study aims to achieve a holistic green transition by addressing all three main sectors—electricity, heating, and transportation. The produced hydrogen is utilized to address the energy needs of the mobility sector (H2 mobility), focusing primarily on public transportation vehicles (buses) and s... [more]
Nb2CTx-Based MXenes Most Recent Developments: From Principles to New Applications
Tholkappiyan Ramachandran, Abdel-Hamid Ismail Mourad, Mostafa S. A. ElSayed
April 28, 2023 (v1)
Subject: Materials
Keywords: biological, Energy Storage, Nb2CTx MXene, prospective properties, sensors
MXenes are progressively evolving two-dimensional (2D) materials with an expanding wide range of applications in the field of energy storage. They rank among the best electrode materials for cutting-edge energy storage systems. Energy storage device performance is greatly enhanced by MXenes and their composite materials. As technology has improved over the last several decades, the demand for high-capacity energy storage devices that are versatile, sturdy, and have cheap production costs has increased. MXene, which is based on Nb2CTx, is the most current material to emerge for energy storage applications. Nb2CTx MXene is now the most sought-after material in the 2D family due to its flexibility, high conductivity, superior electrochemical nature, superior hydrophilicity, tunable surface functional groups, great mechanical properties, and 2D layered structure. Examples include gas and biosensors, water splitting, water purification, antimicrobial coatings, electromagnetic interference s... [more]
On the Value of Emerging, Day-Ahead Market Related Wind-Storage Narratives in Greece: An Early Empirical Analysis
Stefanos Tampakakis, Dimitrios Zafirakis
April 28, 2023 (v1)
Keywords: arbitrage, bidding strategies, day-ahead markets, empirical analysis, Energy Storage, target model, wholesale electricity prices, wind energy
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... [more]
Optimal Sizing and Operation of Hybrid Renewable Power Plants Participating in Coupled Power Markets with Different Execution Times
Carlos García-Santacruz, Andrés Alcántara, Juan M. Carrasco, Eduardo Galván
April 28, 2023 (v1)
Keywords: Batteries, electricity markets, Energy Storage, optimal sizing, power system management
The increasing limitations in the use of fossil fuels due to their limited availability and pollution have increased the use of renewable energies and storage systems for electricity generation. To achieve the goals of the integration of renewable energy, sizing and management methods for hybrid plants are needed to make investments profitable and attractive in these resources. This work presents an optimization method for the sizing and operation of hybrid plants with storage, choosing the best combination of technologies based on resource availability, installation costs and market prices, maximizing an economic index such as the net present value. One of the main contributions of this work is to reduce the oversizing that occurs in traditional methods through a penalty term for lost energy, encouraging investment in batteries to store excess energy above the point of interconnection (POI). In addition, it is intended to cover gaps such as the operation in coupled markets with differ... [more]
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