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dc.creatorKoltsaklis N.E., Panapakidis I.P., Christoforidis G.C., Parisses C.E.en
dc.date.accessioned2023-01-31T08:43:52Z
dc.date.available2023-01-31T08:43:52Z
dc.date.issued2020
dc.identifier10.1109/EEM49802.2020.9221879
dc.identifier.isbn9781728169194
dc.identifier.issn21654077
dc.identifier.urihttp://hdl.handle.net/11615/75044
dc.description.abstractA generic mixed integer linear programming (MILP) model has been developed in this work with the objective of determining the optimal operational scheduling of a power system characterized by significant penetration of intermittent renewable energy sources and incorporating energy storage facilities. In particular, a detailed unit commitment model has been developed with energy storage capabilities and electricity trading options as potential sources of flexibility, besides natural gas-fired and hydroelectric units. The time horizon considered is annual with an hourly time step, enabling to consider all potential challenges that the studied power system may face. An illustrative case study of a power system with high penetration of wind and photovoltaics has been utilized to assess the applicability of the proposed framework, including several scenarios of the installed energy storage facilities. The results highlight the importance of energy storage in terms of load management, ancillary services provision, and transmission utilization. © 2020 IEEE.en
dc.language.isoenen
dc.sourceInternational Conference on the European Energy Market, EEMen
dc.source.urihttps://www.scopus.com/inward/record.uri?eid=2-s2.0-85094821062&doi=10.1109%2fEEM49802.2020.9221879&partnerID=40&md5=eeb877d8704af58b97e61dce56dc975e
dc.subjectHydroelectric power plantsen
dc.subjectInteger programmingen
dc.subjectPower marketsen
dc.subjectRenewable energy resourcesen
dc.subjectStorage as a service (STaaS)en
dc.subjectElectricity storagesen
dc.subjectElectricity tradingen
dc.subjectEnergy transitionsen
dc.subjectHydroelectric unitsen
dc.subjectMixed integer linear programming modelen
dc.subjectRenewable energy sourceen
dc.subjectStorage capabilityen
dc.subjectStorage facilitiesen
dc.subjectElectric energy storageen
dc.subjectIEEE Computer Societyen
dc.titleThe role of electricity storage in the energy transitionen
dc.typeconferenceItemen


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