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http://dx.doi.org/10.7471/ikeee.2015.19.3.295

Energy Storage System Model for Facility Plan Connected with Solar and Wind Power Plant  

Lee, Yong-Bong (Electronics and Telecommunications Research Institute)
Kim, Jeong-Ho (Dept. of Information & Communications, Han-bat University)
Publication Information
Journal of IKEEE / v.19, no.3, 2015 , pp. 295-303 More about this Journal
Abstract
Considering to Energy Storage System (ESS) is a global trend In order to reduce global warming and carbon emissions. South Korea has announced various policies to vitalize the development and uptake of renewable energy. South Korea is planning the cumulative capacity of ESS of two million kW in 2020. According to the government support and development of technology companies, the battery of ESS prices are expected to fall gradually. In this paper, we develop a planning model that take into account the supply expansion of technology of ESS and prices. Based on planning model, we analyze the cost of ESS linked with wind power and the revenue for trading electricity and renewable energy certifications.
Keywords
Solar power generation; Wind power generation; Energy storage system; Facility Plan; Economic feasibility; Renewable energy certification;
Citations & Related Records
Times Cited By KSCI : 5  (Citation Analysis)
연도 인용수 순위
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