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An Analysis of a Storage System for a Wind Farm with Ramp-Rate Limitation

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  • Guglielmo D’Amico

    (Department of Economics, University G. D’Annunzio, 65127 Pescara, Italy)

  • Filippo Petroni

    (Department of Management, Marche Polytechnic University, 60121 Ancona, Italy)

  • Salvatore Vergine

    (Department of Economics, University G. D’Annunzio, 65127 Pescara, Italy)

Abstract

This paper provides evidence on how the variability of the power produced by a wind farm and its revenue are affected by implementing a ramp-rate limitation strategy and by adding a storage device to the system. The wind farm receives penalties whenever the ramp-rate limitations are not respected and may be supported by batteries to avoid this scenario. In this paper, we model the battery usage as a discrete time homogeneous Markov chain with rewards thanks to which it is possible to simulate the state of the charge of the battery and to calculate the amount of penalties suffered by the wind farm during any period. An application is performed considering the power produced by a hypothetical wind turbine located in Sardinia (Italy) using real wind speed data and electricity prices from a period of 10 years. We applied the concept of ramp-rate limitation on our hourly dataset, studying several limitation scenarios and battery capacities.

Suggested Citation

  • Guglielmo D’Amico & Filippo Petroni & Salvatore Vergine, 2021. "An Analysis of a Storage System for a Wind Farm with Ramp-Rate Limitation," Energies, MDPI, vol. 14(13), pages 1-25, July.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:13:p:4066-:d:589056
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    References listed on IDEAS

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    Cited by:

    1. López, A.I. & Ramírez-Díaz, A. & Castilla-Rodríguez, I. & Gurriarán, J. & Mendez-Perez, J.A., 2023. "Wind farm energy surplus storage solution with second-life vehicle batteries in isolated grids," Energy Policy, Elsevier, vol. 173(C).
    2. Guglielmo D’Amico & Filippo Petroni & Salvatore Vergine, 2022. "Ramp Rate Limitation of Wind Power: An Overview," Energies, MDPI, vol. 15(16), pages 1-15, August.
    3. David Carfí & Alessia Donato, 2021. "Environmental Management through Coopetitive Urban Waste Recycling in Eco-Industrial Parks," Mathematics, MDPI, vol. 9(19), pages 1-30, October.

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