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As the penetration of wind power increases in power systems across the world, wind forecast errors become an emerging problem. Storage units are reliable tools to be used in cooperation with wind farms to mitigate imbalance penalties. Nevertheless they are not still economically viable due to huge investment cost. We suggest benefitting the storage unit as a regulation service provider beside its...
<?Pub Dtl?>The Danish power system has a large penetration of wind power. The wind fluctuation causes a high variation in the power generation, which must be balanced by other sources. The battery storage-based Plug-In Electric Vehicles (PEVs) may be a possible solution to balance the wind power variations in the power systems with high wind power penetrations. In this paper, the integration...
Since the hourly spot market price is available one day ahead in Denmark, the electricity price could be transferred to the consumers and they may make some optimal charge and discharge schedules for their electric vehicles in order to minimize their energy costs. This paper presents an optimal operation strategy for a Plug-In Electric Vehicle (PEV) in relation to the hourly electricity price in order...
Since the hourly spot market price is available one day ahead in Denmark, the price could be transferred to the consumers and they may shift their loads from high price periods to the low price periods in order to save their energy costs. This paper presents a load optimization method to time-of-use power price for demand side management in order to save the energy costs as much as possible. 3 typical...
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