Engineering Commons^™

Optimal Sizing Of Energy Storage With Embedded Wind Power Generation, Nicholas Roche, Jane Courtney

Articles

Energy storage technologies are key to increased penetration of renewable energies on the distribution system. Not only do they increase availability of energy, but they contribute to the overall reliability of the system. However, the cost of large-scale storage systems can often be prohibitive, and storage needs to be sized appropriately, both to fill the energy gaps inevitable in renewable energies such as wind and to minimize costs. In this work, a Monte Carlo Simulation is performed to optimally size an energy storage system while minimizing overall system cost. 30 years of historical wind speed data are used to model …