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An Innovative Planning Method for the Optimal Capacity Allocation of a Hybrid Wind–PV–Pumped Storage Power System

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  • Yumin Xu

    (College of Information and Electrical Engineering, China Agricultural University, Beijing 100083, China)

  • Yansheng Lang

    (China Electric Power Research Institute, Beijing 100192, China)

  • Boying Wen

    (College of Information and Electrical Engineering, China Agricultural University, Beijing 100083, China)

  • Xiaonan Yang

    (China Electric Power Research Institute, Beijing 100192, China)

Abstract

In recent years, wind and photovoltaic power (PV) have been the renewable energy sources (RESs) with the greatest growth, and both are commonly recognized as the major driving forces of energy system revolution. However, they are characterized by intermittency, volatility and randomness. Therefore, their stable and efficient implementation is one of the most significant topics in the field of renewable energy research. In order to improve the stability of RESs and reduce the curtailment of wind and solar energy, this paper proposes an innovative planning method for optimal capacity allocation. On one hand, a new power generation system is introduced which combines a pumped storage power station with a wind farm and PV; on the other hand, the sequential Monte Carlo method is utilized to analyze the economy and reliability of the system under different capacity configurations considering investment cost, operating characteristics and influence factors of wind and solar energy. Then, optimal capacity allocation can be achieved. In summary, this proposed scheme provides an effective solution for the planning and construction of a new power generation system with RESs.

Suggested Citation

  • Yumin Xu & Yansheng Lang & Boying Wen & Xiaonan Yang, 2019. "An Innovative Planning Method for the Optimal Capacity Allocation of a Hybrid Wind–PV–Pumped Storage Power System," Energies, MDPI, vol. 12(14), pages 1-14, July.
    • Handle: RePEc:gam:jeners:v:12:y:2019:i:14:p:2809-:d:250445
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    References listed on IDEAS

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    Cited by:

    1. Dai Cui & Fei Xu & Weichun Ge & Pengxiang Huang & Yunhai Zhou, 2020. "A Coordinated Dispatching Model Considering Generation and Operation Reserve in Wind Power-Photovoltaic-Pumped Storage System," Energies, MDPI, vol. 13(18), pages 1-24, September.
    2. Triantafyllia Nikolaou & George S. Stavrakakis & Konstantinos Tsamoudalis, 2020. "Modeling and Optimal Dimensioning of a Pumped Hydro Energy Storage System for the Exploitation of the Rejected Wind Energy in the Non-Interconnected Electrical Power System of the Crete Island, Greece," Energies, MDPI, vol. 13(11), pages 1-21, May.
    3. Dahu Li & Xiaoda Cheng & Leijiao Ge & Wentao Huang & Jun He & Zhongwei He, 2022. "Multiple Power Supply Capacity Planning Research for New Power System Based on Situation Awareness," Energies, MDPI, vol. 15(9), pages 1-24, April.
    4. Jieran Feng & Hao Zhou, 2022. "Bi-Level Optimal Capacity Planning of Load-Side Electric Energy Storage Using an Emission-Considered Carbon Incentive Mechanism," Energies, MDPI, vol. 15(13), pages 1-18, June.
    5. Ganesh Sampatrao Patil & Anwar Mulla & Subhojit Dawn & Taha Selim Ustun, 2022. "Profit Maximization with Imbalance Cost Improvement by Solar PV-Battery Hybrid System in Deregulated Power Market," Energies, MDPI, vol. 15(14), pages 1-21, July.

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