TY - GEN
T1 - Operations optimization of hybrid energy systems under variable markets
AU - Chen, Jun
AU - Garcia, Humberto E.
N1 - Publisher Copyright:
© 2016 American Automatic Control Council (AACC).
PY - 2016/7/28
Y1 - 2016/7/28
N2 - Hybrid energy systems (HES) have been proposed to be an important element to enable increasing penetration of clean energy. This paper investigates the operations flexibility of HES, and develops a methodology for operations optimization to maximize its economic value based on predicted renewable generation and market information. The proposed operations optimizer allows systematic control of energy conversion for maximal economic value, and is illustrated by numerical results.
AB - Hybrid energy systems (HES) have been proposed to be an important element to enable increasing penetration of clean energy. This paper investigates the operations flexibility of HES, and develops a methodology for operations optimization to maximize its economic value based on predicted renewable generation and market information. The proposed operations optimizer allows systematic control of energy conversion for maximal economic value, and is illustrated by numerical results.
KW - Hybrid energy systems
KW - Operations optimization
KW - Renewable
UR - https://www.scopus.com/pages/publications/84992052385
U2 - 10.1109/ACC.2016.7525412
DO - 10.1109/ACC.2016.7525412
M3 - Conference contribution
AN - SCOPUS:84992052385
T3 - Proceedings of the American Control Conference
SP - 3212
EP - 3218
BT - 2016 American Control Conference, ACC 2016
PB - Institute of Electrical and Electronics Engineers Inc.
T2 - 2016 American Control Conference, ACC 2016
Y2 - 6 July 2016 through 8 July 2016
ER -