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http://dx.doi.org/10.5370/KIEE.2018.67.2.158

Economic Comparison of Wind Power Curtailment and ESS Operation for Mitigating Wind Power Forecasting Error  

Wi, Young-Min (School of Electrical Engineering, Gwangju University)
Jo, Hyung-Chul (BK21 Plus Humanware Information Technology Division, Korea University)
Lee, Jaehee (Dept. of Information and Electronic Engineering, Mokpo National University)
Publication Information
The Transactions of The Korean Institute of Electrical Engineers / v.67, no.2, 2018 , pp. 158-164 More about this Journal
Abstract
Wind power forecast is critical for efficient power system operation. However, wind power has high forecasting errors due to uncertainty caused by the climate change. These forecasting errors can have an adverse impact on the power system operation. In order to mitigate the issues caused by the wind power forecasting error, wind power curtailment and energy storage system (ESS) can be introduced in the power system. These methods can affect the economics of wind power resources. Therefore, it is necessary to evaluate the economics of the methods for mitigating the wind power forecasting error. This paper attempts to analyze the economics of wind power curtailment and ESS operation for mitigating wind power forecasting error. Numerical simulation results are presented to show the economic impact of wind power curtailment and ESS operation.
Keywords
Wind power curtailment; Energy storage system; Wind power forecasting error;
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