Optimal allocation method of energy storage for integrated renewable generation plants based on power market simulation

This study designs and proposes a method for evaluating the configuration of energy storage for integrated re-newable generation plants in the power spot market,which adopts a two-level optimization model of“system simulation+plant optimization”.The first step is“system simulation”which is using the power market simu-lation model to obtain the initial nodal marginal price and curtailment of the integrated renewable generation plant.The second step is“plant optimization”which is using the operation optimization model of the integrated renewable generation plant to optimize the charge-discharge operation of energy storage.In the third step,“sys-tem simulation”is conducted again,and the combined power of renewable and energy storage inside the plant is brought into the system model and simulated again for 8,760 h of power market year-round to quantify and compare the power generation and revenue of the integrated renewable generation plant after applying energy storage.In the case analysis of the provincial power spot market,an empirical analysis of a 1 GW wind-solar-storage integrated generation plant was conducted.The results show that the economic benefit of energy storage is approximately proportional to its capacity and that there is a slowdown in the growth of economic benefits when the capacity is too large.In the case that the investment benefit of energy storage only considers the in-come of electric energy-related incomes and does not consider the income of capacity mechanism and auxiliary services,the income of energy storage cannot fulfill the economic requirements of energy storage investment.

Economic Scheduling of Gaseous-liquid Hydrogen Generation and Storage Plants Considering Complementarity of Multiple Products

The accessible and convenient hydrogen supply is the foundation of successful materialization for hydrogen-powered vehicles(HVs).This paper proposes a novel optimal scheduling model for gaseous-liquid hydrogen generation and storage plants powered by renewable energy to enhance the economic feasibility of investment.The gaseous-liquid hydrogen generation and storage plant can be regarded as an energy hub to supply concurrent service to both the transportation sector and ancillary market.In the proposed model,the power to multi-state hydrogen(P2MH)process is analyzed in detail to model the branched hydrogen flow constraints and the corresponding energy conversion relationship during hydrogen generation,processing,and storage.To model the coupling and interaction of diverse modules in the system,the multi-energy coupling matrix is developed,which can exhibit the mapping of power from the input to the output.Based on this,a multi-product optimal scheduling(MPOS)algorithm considering complementarity of different hydrogen products is further formulated to optimize dispatch factors of the energy hub system to maximize the profit within limited resources.The demand response signals are incorporated in the algorithm to further enhance the operation revenue and the scenario-based method is deployed to consider the uncertainty.The proposed methodology has been fully tested and the results demonstrate that the proposed MPOS can lead to a higher rate of return for the gaseous-liquid hydrogen generation and storage plant.