Optimal energy storage configuration for joint energy‐regulation market participating renewable energy plants with excess revenue recovery mechanism
Abstract The fluctuation and stochastic characteristics of renewable energy resources challenge the secure system operation and also impose significant financial risks for the market participating renewable energy plants (REPs). Energy storage systems (ESSs) can serve as effective tools in enhancing...
Main Authors: | , , , , , |
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Format: | Article |
Language: | English |
Published: |
Wiley
2023-12-01
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Series: | IET Energy Systems Integration |
Subjects: | |
Online Access: | https://doi.org/10.1049/esi2.12112 |