Optimal modeling and economic assessment of energy storage

Dissertant

Berrada, Asma

Thesis advisor

Loudiyi, Khalid

Comitee Members

Khallaayoun, Ahmad
Arabawi, Abd al-Aziz
Bushuayb, Falah

University

Al Akhawayn University

Faculty

School of Science and Engineering

University Country

Morocco

Degree

Master

Degree Date

2014

English Abstract

The variability of solar and wind energy production presents significant grid integration challenges especially in the operation of power systems.

The optimal use of energy storage system may be a viable solution to control and match the power generation to the load profile.

This thesis proposes a method to identify the optimum daily operational strategy of a storage system.

An hourly optimization problem was formulated for this purpose to maximize the economic gain of a wind and solar farms considering the market price and the main operational restrictions of the hybrid energy system.

This method is also suitable for other energy resources and energy storage technologies.

Other prominent issues facing renewable energy farms are the proper selection and sizing of the energy storage system.

ES-Select™ tool was used for the purpose of selecting the best feasible storage option.

Furthermore, a method to optimize the size of the storage system with respect to the net present cost (NPC), while meeting the service requirement is also discussed.

Case studies are presented to verify the effectiveness of these models.

This work finally investigates the value of energy storage by performing a cost analysis technique to find out the cost added to the energy stored.

Several storage technologies have been considered in this analysis.

Main Subjects

Earth Sciences, Water and Environment
Electronic engineering

Topics

• Costs
• Economic aspects
• Energy storage

No. of Pages

101

Table of Contents

• APA
• MLA
• AMA

Language

English

Data Type

Arab Theses

Record ID

BIM-629884