Observatorio de I+D+i UPM

Memorias de investigación
Communications at congresses:
Preliminary Viability Assessment of an Above-ground Compressed Air Energy Storage Plant Integrated in an Existing Wind Farm
Year:2018
Research Areas
  • Economic management of the electric energy systems,
  • Generation and storage of electrical energy
Information
Abstract
This paper preliminary analyses the economic viability of an above-ground compressed air energy storage (CAES) unit integrated in an existing wind farm by means of calculating the maximum net present value and the maximum internal rate of return. For this reason, an optimization model is proposed in which the aggregate Wind-CAES plant participates simultaneously in the day-ahead energy market and in the frequency restoration reserve market of the Iberian system. Results of this study show that the CAES plant might be profitable only if the aggregate Wind-CAES plant participates not only in the day-ahead energy market but also in the frequency restoration reserve market of the Iberian system.
International
Si
Congress
11th Mediterranean Conference on Power Generation, Transmission, Distribution and Energy Conversion
960
Place
Reviewers
Si
ISBN/ISSN
0000-0000
Start Date
12/11/2018
End Date
15/11/2018
From page
1
To page
6
Proceedings of 11th Mediterranean Conference on Power Generation, Transmission, Distribution and Energy Conversion
Participants
  • Autor: Manuel Joaquin Chazarra Jover (UPM)
  • Autor: Juan Ignacio Perez Diaz (UPM)
  • Autor: Raquel Gómez Vázquez
  • Autor: Seamus Garvey (University of Nottingham)
Research Group, Departaments and Institutes related
  • Creador: Grupo de Investigación: Hidroinformática y Gestión del Agua
  • Departamento: Ingeniería Civil: Hidráulica, Energía y Medio Ambiente
S2i 2020 Observatorio de investigación @ UPM con la colaboración del Consejo Social UPM
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