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Conference Paper The Introduction of Simulator for The Economics Analysis of Photo-Voltaic Power Plant Using ESS
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Authors
Daegeun Park, Sewan Heo, Jinsoo Han, Wan-ki Park
Issue Date
2019-10
Citation
International Conference on Information and Communication Technology Convergence (ICTC) 2019, pp.1467-1470
Publisher
IEEE
Language
English
Type
Conference Paper
DOI
https://dx.doi.org/10.1109/ICTC46691.2019.8939855
Abstract
In this study, a simulation tool is introduced for economic evaluation of renewable energy system according to the capacity of ESS (Energy Storage System) and PCS (Power Conditioning System) and newly defined power quality indicators to measure how reliably and flexibly the renewable energy is provided to grid network. These indicators are expected to help operators to make more sales revenue on electricity trading market.
KSP Keywords
Economic Evaluation, Economics analysis, Electricity Trading, Energy Storage Systems(ESS), Energy storage(ES), Grid networks, Photo-Voltaic(PV), Power Quality(PQ), Renewable energy systems, Sales revenue, power conditioning system