Including management policies in a renewable energy system simulation model
Pages 1786 - 1796
Abstract
In recent years, growing attention has been paid to the use of renewable resources to produce electricity. One of the main drawbacks of generating electricity through, say, wind power, however, is random input, which obviously results in random output. This means that peak output does not always coincide with peak demand. Nevertheless, demand drives prices, making output regulation essential. Thus, improvements in energy management, aimed at satisfying demand and increasing profits, need to include output regulation mechanisms. This calls for the introduction of newly-developed energy storage equipment. This paper develops a simulation model incorporating both hydrogen-based energy storage equipment and various system-management strategies.
References
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Aguado, M., E. Ayerbe, C. Azcárate, R. Blanco, R. Garde, F. Mallor, and D. Rivas. 2010. Economical assessment of a wind-hydrogen energy system using WindHyGen® software. International Journal of Hydrogen Energy 34:2845--2854.
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- Including management policies in a renewable energy system simulation model
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Information
Published In
December 2010
3519 pages
ISBN:9781424498642
- Editors:
- Björn Johansson,
- Sanjay Jain,
- Jairo Montoya-Torres,
- Program Chair:
- Enver Yücesan
Sponsors
- IIE: Institute of Industrial Engineers
- INFORMS-SIM: Institute for Operations Research and the Management Sciences: Simulation Society
- SCS: Shanghai Computer Society
- SIGSIM: ACM Special Interest Group on Simulation and Modeling
Publisher
Winter Simulation Conference
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Published: 05 December 2010
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- Research-article
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WSC10
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- IIE
- INFORMS-SIM
- SCS
- SIGSIM
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WSC '10 Paper Acceptance Rate 184 of 281 submissions, 65%;
Overall Acceptance Rate 3,413 of 5,075 submissions, 67%
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