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Synergetic operation of photovoltaic and hydro power stations on a day-ahead energy market

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  • Jurasz, Jakub
  • Kies, Alexander
  • Zajac, Pawel

Abstract

Hydropower has huge potential for a technically feasible and economically justified integration of variable, renewable energy sources with the power system. On the other hand, the operational intricacies of hydropower stations with a reservoir are limited by various constraints. Many previous works addressed the idea of solar-hydro resources complementarity, optimal sizing of such systems or their optimal dispatch. However, no one has ever established such a system in a highly competitive energy market with strongly fluctuating energy prices. Therefore, in this paper, we analyse the potential operation of a photovoltaic-hydro (PV-hydro) hybrid power station on a day-ahead electricity market. Due to its relatively small size such a station can be considered on the market as a price taker.

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  • Jurasz, Jakub & Kies, Alexander & Zajac, Pawel, 2020. "Synergetic operation of photovoltaic and hydro power stations on a day-ahead energy market," Energy, Elsevier, vol. 212(C).
    • Handle: RePEc:eee:energy:v:212:y:2020:i:c:s0360544220317941
    DOI: 10.1016/j.energy.2020.118686
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    12. de Oliveira, Glauber Cardoso & Bertone, Edoardo & Stewart, Rodney A., 2022. "Challenges, opportunities, and strategies for undertaking integrated precinct-scale energy–water system planning," Renewable and Sustainable Energy Reviews, Elsevier, vol. 161(C).
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    18. Wei Sun & Sam Harrison & Gareth P. Harrison, 2020. "Value of Local Offshore Renewable Resource Diversity for Network Hosting Capacity," Energies, MDPI, vol. 13(22), pages 1-20, November.
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