• DocumentCode
    2344202
  • Title

    Benefits of energy storages for wind power trading

  • Author

    Völler, S. ; Al-Awaad, A.-R. ; Verstege, J.F.

  • fYear
    2008
  • fDate
    24-27 Nov. 2008
  • Firstpage
    702
  • Lastpage
    706
  • Abstract
    In Germany renewable energy is paid by law with a high and constant amount wherefore there is no real competition between renewable and conventional power plants. This work analyses the possibilities of wind farm operators to take part in an open energy market and increase their income with new payment alternatives (e.g. energy exchange, control power). To secure a steady supply of power and to allow a time variant supply, a storage is used for optimization. The results show that an increase of profit is possible.
  • Keywords
    energy storage; power markets; wind power; open energy market; renewable energy storage; time variant supply; wind farm operators; wind power trading; Brain modeling; Electroencephalography; Energy exchange; Energy storage; Power generation; Renewable energy resources; Secure storage; Wind energy; Wind farms; Wind speed;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Sustainable Energy Technologies, 2008. ICSET 2008. IEEE International Conference on
  • Conference_Location
    Singapore
  • Print_ISBN
    978-1-4244-1887-9
  • Electronic_ISBN
    978-1-4244-1888-6
  • Type

    conf

  • DOI
    10.1109/ICSET.2008.4747097
  • Filename
    4747097