On maximizing profit of wind-battery supported power station based on wind power and energy price forecasting

On maximizing profit of wind-battery supported power station based on wind power and energy price... •A strategy for profit maximization of a wind power plant is presented.•The proposed algorithm is supported with a battery energy storage system.•The strategy is primarily based on wind power and market price forecasting. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Applied Energy Elsevier

On maximizing profit of wind-battery supported power station based on wind power and energy price forecasting

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Publisher
Elsevier
Copyright
Copyright © 2017 Elsevier Ltd
ISSN
0306-2619
D.O.I.
10.1016/j.apenergy.2017.11.061
Publisher site
See Article on Publisher Site

Abstract

•A strategy for profit maximization of a wind power plant is presented.•The proposed algorithm is supported with a battery energy storage system.•The strategy is primarily based on wind power and market price forecasting.

Journal

Applied EnergyElsevier

Published: Feb 1, 2018

References

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